Buhari approves N30,000 as new minimum wage

President Muhammadu Buhari on Tuesday approved N30,000 as the new national minimum wage.

He gave his approval while receiving the report of the Tripartite Committee on the Review of National Minimum Wage at the Presidential Villa, Abuja.

With the approval, a bill is expected to be sent to the National Assembly to effect the change from N18,000 to N30,000.

It would be recalled that the Nigerian Labour Congress (NLC), Trade Union Congress (TUC), United Labour Congress (ULC) and other labour unions met with the Federal Government on Monday over the minimum wage issue.

The Organised Labour late on Monday announced the suspension of the planned nationwide strike.