JUST IN: As Labour Waits on FG on Minimum Wage Figure, Finance Minister Speaks After meeting Tinubu

• President Bola Ahmed Tinubu has met at least two of his ministers, presumably over ongoing minimum wage talks
• Legit.ng reports that Tinubu's government is trying to work up an agreeable figure with the Nigeria Labour Congress (NLC) and Trade Union Congress (TUC)
• Although the FG had promised to peg the new minimum wage at above N60,000, the exact figure is not yet known

Legit.ng journalist Ridwan Adeola Yusuf has over 9 years of experience covering governance and public journalism.

FCT, Abuja - As Nigerian authorities and labour leaders try to agree on a new minimum wage, Wale Edun, the minister of finance, on Thursday, June 6, said “there is no cause for alarm”.

Edun said this after meeting with President Bola Tinubu at the presidential villa, Abuja, according to Vanguard newspaper.

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Wale Edun proposes N105K as minimum wage? Presidency opens up

He (Edun) told state house correspondents that Nigerians need not worry.

The coordinating minister of the economy met with President Tinubu on Thursday, June 6 alongside Atiku Bagudu, the minister of budget and economic planning.

Although the economist did not disclose the agenda of the meeting with the president, it is believed that it is connected with recent discussions about a new minimum wage.

Minimum wage: Edun submits cost to Tinubu

The Punch reported that Edun submitted the projected cost implications of implementing a new national minimum wage to President Tinubu.

Edun’s submission of the cost implication follows a 48-hour timeline issued to him by President Tinubu on Tuesday, June 4, during a meeting with the government negotiation team on the new minimum wage led by George Akume, the secretary to the government of the federation (SGF).

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BREAKING: Finance Minister Wale Edun allegedly proposes N105k as new minimum wage

More to read on minimum wage

• Tinubu’s govt, NLC/TUC resume minimum wage talks
• Shehu Sani reacts as NLC suspends minimum wage strike for 5 days: “Half is better than none”
• "Key concerns", FG provides fresh update on minimum wage negotiations

Minimum wage: NLC/TUC attacks Akpabio

Earlier, Legit.ng reported that the organised labour dismissed claims by senate president Godswill Akpabio, that its recent nationwide strike over the disputed minimum wage amounted to economic sabotage.

According to organised labour, Akpabio’s subtle threat that the senate would move into executive session to address the issue of labour’s strike smacks of contempt for open and transparent debate which ought to be the bedrock of parliamentary proceedings.

Source: Legit.ng