President Muhammadu Buhari yesterday said he was committed to ensuring that the nation's workers get a new minimum wage.
The president spoke at the State House while receiving the report of the Ama Pepple-led tripartite committee which recommended N30,000 as the country’s new national minimum wage.
Pepple, a former Head of Service of the Federation, said the committee carefully weighed the demand of the workers which was predicated on the high cost of living occasioned by unfavourable exchange rate and rising inflation over the past few years, among other factors.
“After carefully weighing these critical factors and bearing in the mind the overriding interest of the economy, the committee noting the offer of N24,000 by the federal government, is recommending an increase in the existing National Minimum Wage from N18,000to N30,000,” she said.
The former Head of Service of the Federation said the implementation of the recommended minimum wage will boost the purchasing power of workers, increase consumption expenditure and stimulate business and overall economic growth.
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