President Bola Ahmed Tinubu has decided to engage in further consultations before sending an Executive Bill to the National Assembly.
The President took the decision yesterday at a meeting of the Federal Executive Council (FEC) where he received the report of the Tripartite Committee on minimum wage from Secretary to Government of the Federation (SGF) George Akume.
The report, which Akume had received from Bukar Goni Aji, Chairman of the Tripartite Committee, recommended N62,000 minimum wage based on the submissions by Federal/State governments and the Organised Private Sector (OPS).
Labour at the close of consultations recommended N250,000. Governors have said they might be unable to pay N62,000.
In the same vein, the Association of Local Government of Nigeria (ALGON) said unless the revenue formula is adjusted to give local governments more revenue, it will be impossible to pay N62,000.
Yesterday, Minister for Information and National Orientation, Mohammed Idris, told reporters of the President’s decision on wider consultation.
He said: “I want to inform Nigerians here that the Federal Executive Council deliberated on that.
“The decision is because the new national minimum wage is not just that of the Federal Government, but involves state governments, local governments, the organised private sector and organised labour.
“The memo was stepped down to enable Mr. President to consult further, especially with the governors and the organised private sector, before an executive bill is presented to the National Assembly.
“Mr. President is going to consult further so that he can have an informed position.”
