BREAKING: Finance Minister Wale Edun Allegedly Proposes N105k as New Minimum Wage

Wale Edun, the minister of finance and coordinating economy, has reportedly proposed a minimum wage of N105,000 per month for Nigerian workers.

This was said to be part of the new minimum wage presented to President Bola Tinubu, while meeting up with the two-day ultimatum earlier issued to him by the president on the new minimum wage.

Tinubu reviewing N105k minimum wage proposal
Photo Credit: @officialABATSource: Twitter

According to The Punch, President Tinubu has taken the proposal and will review the minister’s suggestions.

Edun presented the projected cost implications of the implementation of a new minimum wage to the president on Thursday, June 6.

The minister of finance and his counterpart at the budget and national planning, Atiku Bagudu, presented President Tinubu with the cost implications of the new minimum wage in his office at the presidential villa in Abuja.

However, reacting to the report, the presidency debunked the claim shortly after the news went viral.

Bayo Onanuga, the president’s special adviser on information and strategy, said the report was totally false and urged the public to disregard it.

In a tweet on Thursday, Onanuga said:

“The Honorable Minister of Finance and coordinating minister of the economy, Wale Edun, has not proposed N105,000 minimum wage. The contrary story being disseminated is false.”

See the tweet here:

Source: TheTalk.NG

Ex-Osibanjo’s Aide Warns Against Tinubu, Shettima’s Foreign Trip, “We Have Serious Problem”

Laolu Akande, the spokesperson of the vice president, Prof. Yemi Osinbajo, SAN, has condemned the foreign trips of President Tinubu and VP Kashim Shettima In an interview on Thursday, Akande emphasized the importance of having at least one of the two leaders present to maintain effective governance and communication Akande spoke after presidential spokesman Bayo ... Read more Continue reading here ▶

37bn Dollars Foreign Reserve: Northeast APC Stakeholders Hail Tinubu, Asks Nigerians to Be Patient

The northeast APC youth stakeholders forum has commended President Tinubu for maintaining Nigeria’s foreign reserve at $37 billion At a press conference held at the APC national secretariat in Abuja, the forum urged Nigerians to persevere and support the administration The forum’s chairman, Comrade Haruna Sardauna, praised President Tinubu’s reduction of the country’s debt service ... Read more Continue reading here ▶

Rivers Crisis: Amid Rift With Wike, Fubara Invokes God’s Judgement on “Corrupt Judges”

Rivers Governor Siminalayi Fubara has expressed his frustration over conflicting judgments from the judiciary At the opening of the 2024/2025 legal year and re-dedication service in the state on Thursday, Fubara calls for divine judgment on corrupt judges Amid his rift with FCT minister Nyesom Wike, Fubara restated his avowed determination to defend the course ... Read more Continue reading here ▶

Orji Kalu Finally Opens Up on His Monthly Earnings as Nigerian Senator

Orji Kalu, the senator representing Abia North, has said he earned N14 million monthly as Nigerian lawmaker The former governor of Abia state said the N14 million monthly earnings were hardly enough for him to manage his constituency and staff Kalu made the claim while speaking on the controversies that have continued to trail the ... Read more Continue reading here ▶

“Why Wike Will Never Leave PDP,” APC Chairman Gives Reason

The ruling APC has clarified FCT minister Nyesom Wike’s role in President Bola Tinubu’s government In a trending interview, Rivers APC chairman Tony Okocha said Wike is an ardent believer of the PDP and will never dump the party Speaking on the Rivers crisis, Okocha further clarified that Wike and the 27 lawmakers in the ... Read more Continue reading here ▶