Tinubu To Workers: We’ll Implement New Minimum Wage This Year

President Bola Tinubu has reassured Nigerian workers that his government will implement a new national minimum wage this year to alleviate their plights.

The president, in a nationwide broadcast on New Year’s Day, today, Monday, January 1, said his administration would work diligently to make sure every Nigerian feels the impact of their government.

He said the economic aspirations and the material well-being of the poor, the most vulnerable and the working people shall not be neglected.

Tinubu said: “It is in this spirit that we are going to implement a new national living wage for our industrious workers this New Year. It is not only good economics to do this, but it is also a morally and politically correct thing to do.”

He added that in this New Year, his government would race against time to ensure all the fiscal and tax policies reforms it needed to put in place were codified and simplified to ensure the business environment did not destroy value.

He said on every foreign trip he had embarked on, his message to investors and other business people had been the same, that Nigeria is ready and open for business.