In a nationwide broadcast marking the 25th anniversary of Nigeria’s democracy, President Tinubu revealed a game-changing announcement: his administration is finalizing draft legislation for a unified minimum wage, set to be presented to the National Assembly soon.
Addressing the nation, President Tinubu acknowledged the economic hardships but emphasized the necessity of ongoing reforms.
“Our economy, overly reliant on oil, has needed reform for decades,” he stated.
“The changes we’re making are essential for long-term growth, ensuring fair pay and opportunities for all.
“Highlighting the spirit of cooperation, Tinubu praised the good-faith negotiations with labor unions.
“We didn’t crack down on labour’s call for a strike; we chose dialogue and compromise,” he said, underscoring his commitment to democratic principles.
Promising to enshrine the agreed minimum wage into law for the next five years, Tinubu reaffirmed his dedication to building a fairer Nigeria: “I commit to this task until we have built a Nigeria where no man is oppressed.”