In a move to address the long-standing issue of minimum wage, President Bola Tinubu has given the Minister of Finance, Wale Edun, a 48-hour ultimatum to present a comprehensive template outlining the cost implications of the new minimum wage.

According to the Minister of Information and National Orientation, Mohammed Idris, the president issued the directive during a meeting with the negotiation team at Aso Rock on Tuesday.

The minister briefed State House Correspondents on the development, stating that the president expects a thorough and timely submission from the finance minister.

This move is seen as a significant step towards resolving the minimum wage dispute, which has been a topic of discussion for some time.
The nation awaits the outcome of the finance minister’s report, which is expected to have far-reaching implications for the economy and the workforce.