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Finance Minister Didn’t Propose N105,000 as Minimum Wage — Presidency

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Bola Tinubu


Special Adviser to the President on Information and Strategy, Bayo Onanuga on Thursday, has debunked the recent figure of the new minimum wage in circulation.

The Presidency clarified that, “the Honorable Minister of Finance and coordinating minister of the economy, Wale Edun has not proposed N105,000 minimum wage.

Onanuga, however, justified in true light that, “the story being disseminated by media outlets is false.”

Earlier, On Tuesday, President Bola Tinubu charged Edun to present a budgetary proposal on new minimum wage figure and analysis within 48 hours.

Responding to the formal directive, The Minister of Finance, Wale Edun accompanied by the Mohammed Idris, the Minister of Information and National orientation, and Atiku Bagudu, Minister of Budget and National Planning submitted the report to Tinubu on Thursday at the presidential villa, Abuja.

The actual/accurate figure will be disclosed Officially by the Presidency.

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