By Seyi Babalola
President Bola Ahmed Tinubu has stated that he would shortly submit a new minimum wage bill to the National Assembly.
Tinubu revealed this during his democracy day broadcast on Wednesday.
He pointed out that his administration did not crack down on organized labor, as a dictatorship would have done.
“We have negotiated in good fate and open arms with organized labor on a national minimum wage, we will soon send our executive bill to the National Assembly to enshrine what has been agreed upon in the next five years or less,” he said.
Recall that the National Minimum Wage Committee submitted its report to the President on Monday.
In the report, the Federal Government proposed N62,000 minimum wage, and Organized Labour proposed N250,000.
Also, Governors and Organised Private Sector proposed N57,000 and N62,000.