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

According to reports the leadership of the Nigeria Labour Congress (NLC) and the Trade Union Congress (TUC) are at the Presidential Villa, Abuja for a scheduled meeting with President Tinubu.

A statement by Bayo Onanuga, Special Adviser to President Bola Tinubu on Information and Strategy, said: “President Tinubu also promised to find ways to assist the private sector and the sub-nationals to pay the minimum wage.”

The Minister of Information, Mohammed Idris told State House correspondents that President Tinubu announced the offer at a meeting with the labour leaders at the Presidential Villa in Abuja, on Thursday.

Nigeria Labour Congress (NLC) president, Comrade Joe Ajaero, confirmed to journalists that they have accepted the offer.

Accompanied by Comrade Festus Usifo, President of the Trade Union Congress (TUC), and other Nigerian workers’ representatives present at the meeting, Ajaero stated that the unions had agreed to the offer due to additional incentives included.

He further explained that another compelling factor was the president’s commitment to a triennial review, contrasting with previous arrangements.

Nigeria Labour Congress (NLC) president, Comrade Joe Ajaero, confirmed to journalists that they have accepted the offer.

Accompanied by Comrade Festus Usifo, President of the Trade Union Congress (TUC), and other Nigerian workers’ representatives present at the meeting, Ajaero stated that the unions had agreed to the offer due to additional incentives included.

He further explained that another compelling factor was the president’s commitment to a triennial review, contrasting with previous arrangements