The Presidency has dismissed reports that Minister of Finance Wale Edun has proposed a new minimum wage of N105,000.
Presidential aide Bayo Onanuga clarified on his X account that Edun had not made such a proposal and that the reports were false.
The presidential aide wrote, “The Honourable Minister of Finance and Coordinating Minister for the Economy, Wale Edun, has not proposed N105,000 minimum wage.
“The contrary story being disseminated is false.”
Edun had presented a template for a new national minimum wage to President Bola Tinubu, meeting a 48-hour deadline.
Edun, along with the Minister of 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.
According to Western Post, a new proposal suggests a minimum wage of N105,000 (approximately $71) per month for Nigerian workers.
