Tinubu Receives Minimum Wage Template From Edun

President Bola Tinubu has received the federal government’s minimum wage template to be used for negotiation with the tripartite panel comprising of government officials, labour and the organized private sector (OPS).

The report was submitted to the President by the Minister of Finance and Coordinator of the Economy, Wale Edun at the State House earlier today.

Recall that the President had on Tuesday mandated him to work out a template to be adopted as the basis for negotiation with the Presidential panel.

The President had also assured that he was ready to pay more than the N60,000 offered by the government’s team offered as the maximum the government could pay as minimum wage to workers.

The inability of the government team to offer more than N60,000 while the labour was demanding N464,000 as.minimum wage led to a nationwide strike that was recently relaxed.

Asked to comment on how far government negotiations with the organized labour have gone after submitting the report, the Minister informally told newsmen “No cause for alarm”.

The Finance Minister was in the Villa alongside the Minister of Budget and National Planning, Atiku Bagudu and the Minister of Information and National Orientation, Mohammed Idris.