President Bola Tinubu has invited the organised labour to a meeting at the Aso villa on Thursday to agree on a new minimum wage, sources close to the matter are saying.

According to a source in organised labour, Tinubu is willing to settle the lingering talks on minimum wage on Thursday and has invited the joint union presidents to a meeting.
Government authorities and presidency sources are yet to confirm this to Businessday.

The Federal Executive Council FEC has at its last meeting said it stepped down the Minimum Wage discussions to allow the President to embark on wider consultation.

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A leader of the Organised Labour who spoke to BusinessDay on condition of anonymity, however, refused to give further details about the meeting venue and time.

” All I can say now is that the President has invited us for discussions”

When pressed further, our source simply said “The time and venue will be revealed later, but the meeting will take place very soon”.

Eniola Olatunji is an experienced journalist at BusinessDay, where she has specialized in reporting on personal and business finance since March 2022. She focuses on creating engaging and precise news stories, with a keen emphasis on the fixed-income market, banking, personal finance, cost of living, and the Nigerian economy. Her work also encompasses extensive market research and economic trend analysis. Eniola is passionate about empowering individuals to make informed financial decisions and is dedicated to shedding light on the intricate workings of the economy. She holds a Bachelor of Science degree in Pure & Applied Chemistry from the University of Lagos. Eniola Olatunji was shortlisted for The Future Awards Africa Prize for Journalism..

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