President Bola Tinubu has demanded that the Minister of Finance, Wale Edun, provide the cost implications of the new minimum wage within 48 hours.
The Minister of Information and National Orientation, Mohammed Idris, made this announcement after a meeting with the President at Aso Rock, while briefing State House Correspondents.
He said: “All parties to the negotiation of the new minimum wage would work together with the organised labour to present a new minimum wage for Nigerians in one week.
“All of us will work together assiduously within the next one week to ensure that we have a new wage for Nigeria that is acceptable, sustainable and also realistic.”
The Nigeria Labour Congress, NLC and Trade Union Congress, TUC, have called off the strike which began on Monday for one week, to enable further negotiations with the Federal Government.