Tinubu’s Crucial Meeting with Governors: Tackling Minimum Wage and Economic Challenges

President Bola Tinubu and Vice President Kassim Shettima convened a meeting on Thursday with the governors of all 36 states in the country, as well as ministers, to discuss the implementation of a new minimum wage for workers in Nigeria, along with other economic matters.

The meeting, which marked the 141st gathering of the National Economic Council (NEC), was held in the Council Chamber of the State House in Abuja, the capital city.

Prior to the President’s arrival, the Vice President presided over the meeting, which included the participation of state governors, deputy governors, and ministers.

This meeting took place two days after the Federal Executive Council (FEC) temporarily set aside a memo regarding the review of the minimum wage, in order to allow for further consultations.

On Wednesday, the Nigeria Governors’ Forum (NGF) held a meeting in Abuja, where they assured the public that ongoing negotiations between the government, private sector, and organized labor would result in improved wages.

During his Democracy Day speech on June 12, 2024, the President assured organized labor that an executive bill proposing a new national minimum wage for workers would soon be submitted to the National Assembly for approval.

The President is expected to make a decision regarding the government and private sector’s proposal of ₦62,000, as well as labor’s demand of ₦250,000.