The Minister of Finance and Coordinating Minister of the Economy, Wale Edun has presented the projected financial implications of implementing a new national minimum wage to President Bola Tinubu.
The submission took place at the Presidential Villa on Thursday, meeting the 48-hour deadline set on Tuesday.
This move comes in the wake of a nationwide strike by organized labor, including the Nigeria Labour Congress and Trade Union Congress, which began on Monday.
The strike demands an increased minimum wage and the reversal of the recent hike in electricity tariffs.