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Finance Minister Wale Edun allegedly proposes N105k as new minimum wage

Wale Edun, the minister of finance and coordinating economy, has reportedly proposed a minimum wage of N105,000 per month for Nigerian workers...READ THE FULL STORY HERE▶

This was said to be part of the new minimum wage presented to President Bola Tinubu, while meeting up with the two-day ultimatum earlier issued to him by the president on the new minimum wage.

According to The Punch, President Tinubu has taken the proposal and will review the minister’s suggestions.

Edun presented the projected cost implications of the implementation of a new minimum wage to the president on Thursday, June 6.

The minister of finance and his counterpart at the 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.

However, reacting to the report, the presidency debunked the claim shortly after the news went viral.

Bayo Onanuga, the president’s special adviser on information and strategy, said the report was totally false and urged the public to disregard it.

In a tweet on Thursday, Onanuga said: “The Honorable Minister of Finance and coordinating minister of the economy, Wale Edun, has not proposed N105,000 minimum wage. The contrary story being disseminated is false.”…Continue The Full Reading.>’.

The Honorable Minister of Finance and coordinating minister of the economy, Wale Edun has not proposed N105,000 minimum wage. The contrary story being disseminated is false. pic.twitter.com/i16YYZK82E

— Bayo Onanuga (@aonanuga1956) June 6, 2024

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JOLOWO BUNALAYEFA PIUS is the Chief Executive Officer (CEO) for BUNADY NEWSLITE GLOBAL ENTERPRISE (Bunady.com). He started his Blogging/Journalism career at God's Own Wireless Company 2012. He's a graduate of Adekunle Ajasin University Akungba Akoko Ondo State, with a major in History And International Studies. You can contact him for press events, advertisement promotions on Email: contact.bunady@gmail.com

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