BREAKING: According to Western Post, Wale Edun reportedly sent a proposal of N105,000 as new minimum wage to President Tinubu.

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Minister of Finance and Coordinating Minister for the Economy, Mr. Wale Edun, Wale Edun, has presented President Bola Tinubu with a new minimum wage proposal, meeting a 48-hour deadline set by the President.


But a Special Adviser on Information and Strategy to President Tinubu, in an X post, denied the report, saying, the minister "has not proposed N105,000 minimum wage. The contrary story being disseminated is false."


The proposal, according to Western Post, recommends a N105,000 monthly minimum wage for Nigerian workers (approximately $220).


President Tinubu is currently reviewing the plan and is expected to make an official announcement soon.


The development comes after a recent nationwide strike by the two main labour unions-Nigerian Labour Congress (NLC) and Trade Union Congress (TUC)-and their affiliated organisation after the federal government and organised private sector


(OPS) failed to meet their demands for a higher minimum wage.


Mr. Wale Edun


The strike significantly impacted the Nigerian economy, causing closures of international airports, schools, courts, banks, and hospitals.

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