Fuel Hike: President Tinubu Meets APC Governors To Agree On Up-review Of Minimum Wage - EDU-BIZNEWS


Friday, June 2, 2023

Fuel Hike: President Tinubu Meets APC Governors To Agree On Up-review Of Minimum Wage

Nigeria's President, Bola Ahmed Tinubu has met with governors on the platform of the All Progressives Congress (APC), urging them to strongly consider up-ward review of the national minimum wage to reflect the current economic realities of the country, following the removal of subsidy on Premium Motor Spirit, other wise known as petrol and subsequent hike in the pump price of the product from initial N197 to between N488 and N557 per litre.

Tinubu meeting with members of the Progressives Govermor Forum led by its chairman, Sen.Hope Uzodimma on solidarity visit on the removal of fuel subsidy on Friday, stressed the need for both federal and state governments to take a look at the minimum wage together and also strengthen the source and application of the country’s revenue.

“We need to do some arithmetic and soul searching on the minimum wage,’’ adding, “We will have to take a look at that together, and the revenue. We must strengthen the source and application of our revenue.,"’the president pleaded

  “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" ,Tinubu added 

“As progressives and thinkers under the umbrella of the All Progressives Congress, you have a role to play in educating our people and making sure we manage ourselves.”, he tasked them 

The president equally  assured that the multiple exchange rates currently prevalent in the country would be streamlined saying “If we work together, the Nigeria of our dreams is not far away. Rest assured that we will not have multiple exchange rates anymore. You asked for this meeting, and I had to set aside time to be here.

“We have a political party that we will need to manage, whichever way, we have inherited assets and liabilities, and we cannot complain.”

Uzodimma while responding on behalf of the PGF,
pledged to support the President, describing the  t decisions taken by the president as the right direction  for the  transformation of country's economy

No comments:

Post a Comment