President Bola Tinubu has hinted that his administration will review the national minimum wage.
Tinubu, who spoke while receiving members of the Progressive Governors Forum (PGF), led by its chairman, Hope Uzodinma, at the Presidential Villa, Abuja, on Friday, said the national minimum wage needs a review to reflect current realities.
The president said improving the livelihood of Nigerians remains a top priority of his administration.
According to Tinubu: “We need to do some arithmetic and soul-searching on the minimum wage.
“We will have to take a look at that together, and the revenue. We must strengthen the source and application of our revenue.’’
This comes after he declared an end to the fuel subsidy regime in the country, a development that has pushed up inflation rate.
