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Minister Did Not Propose N105,000 New Minimum Wage, Says Presidency | METROWATCH

Seyi Babalola by Seyi Babalola
June 6, 2024
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Olawale Edun

Wale Edun

The Presidency has described as false the news making the rounds that the Minister of Finance and Coordinating Minister for the Economy, Wale Edun, has proposed N105,000 in the new minimum wage template.

The Special Adviser to the President on Information and Strategy, Bayo Onanuga, disclosed this on his X account on Thursday.

The presidential aide wrote, “The Honourable Minister of Finance and Coordinating Minister for the Economy, Wale Edun, has not proposed N105,000 minimum wage.

“The contrary story being disseminated is false.”

Edun had earlier in the day presented the template to President Bola Tinubu, meeting the 48-hour deadline.

It had earlier been reported that Edun submitted the projected cost implications of implementing a new national minimum wage to Tinubu.

Edun, along with the Minister of Budget and National Planning, Atiku Bagudu, presented President Tinubu with the cost implications of the new minimum wage in his office at the presidential villa in Abuja.
Text except headline courtesy of Punch
Tags: Bayo OnanugaBOLA TINUBUWale Edun
Seyi Babalola

Seyi Babalola

Experienced Communications Expert and Journalist with an excellent track record of overseeing every aspect of news publishing from research, news collection/sourcing, editing and distribution. Adept at planning and implementing strategic initiatives across PR, broadcast and digital marketing to attract the target audience. Versatile and proactive individual with interest in public relations, media management, and Fact Checks.

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