Minimum Wage Needs Review, Tinubu Tells APC Govs

President Bola Tinubu has stated the national minimum wage requires a review to reflect realities, emphasising that the improved livelihood for Nigerians remains a top priority of his administration.

The President, who received members of the Progressive Governors Forum (PGF) led by the Chairman, Hope Uzodinma of Imo State at the State House, said the national and sub-national governments will work on the minimum wage, which already requires “soul searching.’’

According to a statement by the Director of Information in the State House, Mr Abiodun Oladunjoye, Tinubu also said his administration would be working on more people-focused economic policies.

“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,” he said.

Tinubu urged the Governors to seize the opportunity of being chosen among millions of citizens in their States to make a difference in the lives of people, adding that he will work for the benefit of Nigerians.

“This meeting is not strange to me, and the content of the meeting is so valuable. The camaraderie is very stimulating. This is about the Nigerian project, not Bola Tinubu,’’ he said.

The President said the multiple exchange rates will be streamlined, noting that governance was a continuum.

“I have inherited the assets and liabilities of my predecessor. This is the first time you entered the Council Chambers, and it is my first time too for a meeting.

“As progressives and thinkers under the umbrella of the All Progressives Congress (APC), you have a role to play in educating our people and making sure we manage ourselves,’’ the President told the Governors.

However, the Governors voiced their concern over the sudden hike in petrol prices following the President’s inaugural speech.

Speaking to journalists after the meeting with the President, Chairman of the PGF and Imo Governor, Hope Uzodinma, condemned the price increase on what he described as “old stock”.

He called on Nigerians to rally behind the government’s decision to remove fuel subsidy.