President Bola Ahmed Tinubu is currently in a private meeting with Vice President Kashim Shettima and several state governors at the Presidential Villa in Abuja.
The closed-door meeting began shortly after President Tinubu’s dialogue with labor union leaders regarding the impending increase to the national minimum wage. Attendees at the meeting include the Chairman of the Nigerian Governors Forum, AbdulRahman AbdulRazaq of Kwara State, as well as the governors of Anambra (Charles Soludo) and Kogi (Usman Ododo) states.
Details of the ongoing meeting are still emerging, but sources indicate the president and his team are likely discussing the implementation and implications of the new minimum wage proposal that was a key campaign promise of the Tinubu administration.
The new minimum wage is expected to be a major policy priority for the Tinubu government as it seeks to address rising cost of living concerns and improve the standard of living for Nigeria’s workforce. However, the fiscal impact on state governments will also be a crucial consideration during these high-level talks.
We will continue to monitor this developing story and provide updates as more information becomes available from the Presidential Villa. Check back for the latest news on this important economic policy discussion between Nigeria’s federal and state leadership.