The Federal Government has confirmed that President Muhammadu Buhari will soon review and announce a decision on the report of the Tripartite Committee on Minimum Wage which was submitted to him on Tuesday.
The Ama Pepple-led Committee had in the report recommended ₦30,000 as the new minimum wage to match the demand of organized labour in the country. The President however hinted that the report would be reviewed by the Executive arm of government before it is forwarded to the National Assembly for passage.
Responding to questions after the weekly Federal Executive Council meeting in Abuja on Wednesday, the Minister of Information and Culture, Lai Mohammed told State House correspondents that the President would study the recommendation and get back to the Tripartite Committee.
“I think it was a recommendation. Mr. President will consider it and will make his views known in due course. Mr. President will get back to the committee after he has studied the recommendation,” Mohammed said.
Asked if the revenue sharing formula might be reviewed if the new minimum wage is approved in order to enable the states to pay, the minister added: “like I said, a recommendation has been made and in responding to the recommendation all these views will be taken into consideration.”