The President of Nigeria, Asiwaju Bola Tinubu has emphasized that the new national minimum wage should be based on principles of social justice and equity.
The President made this statement during the inauguration of the Tripartite National Minimum Wage Committee at the Presidential Villa in Abuja.
The committee has six governors, some ministers, representatives of the organised labour and the private sector as members.
President Tinubu, represented by Vice President Kashim Shettima, instructed the Bukar Goni Aji-led Committee to to submit its report within a short time.
To ensure sustainability across all tiers of government, the President emphasized that the committee should consider the ability of all parties to afford the new wage.
President Tinubu stated, “The minimum wage represents the least amount of compensation an employee should receive for their labour, and as such, it should be rooted in social justice and equity.”
On the imminent expiration of the last Minimum Wage Instrument, the President stressed the need for a fair and decent living wage.
He said, “Since the removal of the subsidy, various committees have been established to examine and make recommendations to the government on measures to cushion the envisaged painful effects of the increase on workers and the Nigerian populace at large.
“I am pleased to share that action has since commenced on the implementation of the outcome of those agreements and initiatives.”
The president directed all stakeholders, including ministers, governors and private sector employers to be actively involved in the committee’s deliberations.
He directed that governors, ministers and the Head of the Civil Service of the Federation, who are members, to personally attend the committee meetings and in the event where they are unavoidably absent, their deputies, commissioners and Permanent Secretaries should represent them.
President Tinubu said: “Recognizing the significance of this initiative and to ensure a substantial engagement, I hereby direct that Ministers and the Head of the Civil Service of the Federation should personally attend the meeting. In their unavoidable absence, their Permanent Secretaries should represent them.
“Similarly, governors are expected to attend in person or be represented by their deputies or commissioners where necessary. I urge you to consider the issue of a National Minimum Wage and all related matters with thoroughness and concern, keeping in mind not only the welfare of our workforce but also the impact on the country’s economy.”