President Tinubu approves N70,000 minimum wage, sparking varied reactions across Nigeria. Labour leaders applaud decision, while some criticize its adequacy amid economic challenges. Social media buzzes with debate over wage impact.
In a significant development, President Bola Ahmed Tinubu has agreed to implement a new minimum wage of N70,000 following negotiations with labour leaders, a move met with mixed reactions across Nigeria.
During the meeting attended by prominent figures like NLC President Joe Ajaero and TUC's Festus Osifo, enthusiasm was palpable as labour leaders applauded Tinubu's decision with three resounding "GBOSAs." While some Nigerians expressed disappointment, citing concerns over the adequacy of the wage increase amidst ongoing economic challenges, others praised Tinubu for his responsiveness to labour demands.
The announcement has sparked a flurry of reactions on social media, reflecting the divergent views on its implications for workers and the broader economy.