The Minister of Finance and Coordinating Minister for the Economy, Wale Edun, has given kudos to President Bola Tinubu for successfully fixing a minimum wage for Nigerian workers, describing the development as a remarkable achievement for his administration.
He also reaffirmed the administration’s determination to revamp the economy and lift many people out of poverty.
The minister made the remark at the weekend in Lagos while delivering the 70th-anniversary lecture of Loyola College Ibadan, which was organised by the old boys association of the college.
He spoke on a topic, “Reconstructing the Nigerian Economy for Sustainable Growth and Investment,” with many dignitaries, including the Secretary to the Lagos State Government, Mrs. Abimbola Salu-Hundeyin, in attendance.
According to him, the conclusion of the negotiation on the minimum wage is a good one. The issue has been around for a long time, and getting to this level was quite challenging, I must commend the President for his role in this and also the labour unions.
Edun emphasised the importance of government at all levels in maintaining fiscal stability to be able to support the implementation of the new minimum wage bill