BREAKING: Finance Minister Wale Edun Allegedly Proposes N105k as New Minimum Wage

• Multiple reports claimed that Finance Minister Wale Edun proposed a new minimum wage of N105,000 per month to President Bola Tinubu
• The alleged proposal was said to be part of a presentation on the cost implications of the new wage, which Edun and Budget Minister Atiku Bagudu discussed with Tinubu
• However, presidential spokesman Bayo Onanuga denied the report, stating that no such proposal was made by the finance minister

Legit.ng journalist Bada Yusuf is an accomplished politics and current affairs editor, boasting over seven years of experience in journalism and writing.

FCT, Abuja: Wale Edun, the minister of finance and coordinating economy, has reportedly proposed a minimum wage of N105,000 per month for Nigerian workers.

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.

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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.

Presidency denies Edun suggested N105,000 minimum wage

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.

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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."

Tinubu's directive followed a recent industrial action by the organised labour which started on Monday, June 3, after their meeting with the leadership of the national assembly did not produce a satisfactory result.

See the tweet here:

FG, organised labour reach four resolutions

Legit.ng earlier reported that the NLC and TUC's meeting with the federal government on the new minimum wage concluded with four resolutions.

The meeting to end the unions' nationwide strike was held at the office of George Akume, the secretary to the government of the federation.

According to Akume, the tripartite committee on the new minimum wage will meet every day for the next one week.

Source: Legit.ng