Nigeria’s President, Bola Tinubu has approved a N70,000 minimum wage for Nigerian workers with a promise to review the national minimum wage law every three years.

A statement by the Special Adviser to the President on Information and Strategy, Bayo Onanuga, disclosed that the President announced this on Thursday, July 18, 2024 during an ongoing meeting with Labour leaders at the Presidential Villa, Abuja.

According to the statement both the leadership of the Nigeria Labour Congress (NLC) and the Trade Union Congress (TUC) were in attendance at the meeting, which is the second between Organized Labour and the President in seven days.

“President Tinubu also promised to find ways to assist the private sector and the sub-nationals to pay the minimum wage.”

“President Tinubu announced the decisions at the meeting held with leaders of TUC and NLC on Thursday in Abuja, the second time the parties met in 7 days.”

“The Labour leaders applauded President Tinubu for the fatherly gesture as the President also promised to use his discretionary powers to meet the demands of university unions demanding unpaid four months’ salaries.”

President Tinubu also promised to give 36 compressed natural gas (CNG) powered buses to Labour unions in the country as a way of ameliorating the high cost of living by workers.

According to Onanuga, the 36 CNG powered buses, which have a sitting capacity of 100 passengers each, will be delivered to the TUC and NLC.

This was one of the highlights of the meeting between the Federal Government and the two central trade unions in Abuja today.