The Presidency has refuted claims suggesting that the Minister of Finance and Coordinating Minister of the Economy, Wale Edun, proposed a minimum wage of N105,000.
Following a nationwide strike by organised labour, the Federal Government engaged in negotiations with union leaders, culminating in a deal. Subsequently, the negotiating team briefed President Bola Tinubu, who directed the Finance Minister to present a new minimum wage template within 48 hours.
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On Thursday, Edun and his team met with the President, but details of the meeting were not disclosed. Despite reports circulating about the proposed N105,000 minimum wage, Bayo Onanuga, the Special Adviser to the President on Media and Strategy, has dismissed these claims as false.