National Economy
Saturday, July 5, 2025
  • Home
  • News
    • International Business
  • Lead-In
    • Cover
    • Investigation
  • Economy
    • Nigerian Economy
    • Fiscal Policy
    • Energy
    • Agri Business
    • Transportation
    • Industry
    • Competition
    • Homes & Property
    • Insurance
    • Companies & Markets
      • Companies
      • Capital Market
  • Tech
  • States & Politics
  • Commentary
    • Analyst
    • Business Matters
    • All Angles Considered
    • ClickSend
  • Editorial
  • Data
  • Others
    • Opinion
    • Money Guide
    • Analysis
    • Growth
    • Sport Economy
No Result
View All Result
Read News
National Economy
  • Home
  • News
    • International Business
  • Lead-In
    • Cover
    • Investigation
  • Economy
    • Nigerian Economy
    • Fiscal Policy
    • Energy
    • Agri Business
    • Transportation
    • Industry
    • Competition
    • Homes & Property
    • Insurance
    • Companies & Markets
      • Companies
      • Capital Market
  • Tech
  • States & Politics
  • Commentary
    • Analyst
    • Business Matters
    • All Angles Considered
    • ClickSend
  • Editorial
  • Data
  • Others
    • Opinion
    • Money Guide
    • Analysis
    • Growth
    • Sport Economy
No Result
View All Result
National Economy
No Result
View All Result
Home Economy

Federal Gov’t Reaffirms Commitment to N70,000 Minimum Wage Implementation

by Jonathan Ndaisaiah
8 months ago
in Economy
Reading Time: 2 mins read
Minimum Wage
Share on FacebookShare on TwitterShare on Telegram

The Federal Government has reaffirmed its commitment to fully implement the new N70,000 minimum wage across all levels, ruling out any partial measures.

Secretary to the Government of the Federation (SGF), George Akume, made this disclosure on Monday following a meeting with President Bola Tinubu at the Presidential Villa in Abuja.

Acknowledging the progress made by various state governments, Akume commended those who have already begun implementing the policy.

He emphasised that the new national minimum wage remains a priority for President Tinubu administration.

You May Like

Nigeria Widens Stakeholder Engagement On Implementing Minimum Energy Performance Standards (MEPS)

Transformation Of Nigeria’s Downstream Value Chain

“The issue of the new minimum wage has always been central to the thinking of the government of President Bola Tinubu, and that was why he quickly assembled the team.

“They put in place a tripartite arrangement to look at all the issues, and this was properly carried out.

“The governors were represented, the federal government was represented, and the organised private sector was also part of it. So we all arrived at the new minimum wage,” Akume stated.

The SGF expressed satisfaction with the implementation levels, highlighting that some states have even gone beyond the N70,000 benchmark.

“We are very satisfied with it. And, some state governments have started implementing; others have even gone beyond N70,000. So, I believe that there’s no problem with that whatsoever,” he noted.

Akume also urged governors who were yet to commence implementation to prioritise the payment of new minimum wage.

“We applaud those who have started,” he said. “For those who have not started, we just want to appeal to them to start the payment. What is that? What is it, at the level of the federal government? Is it fully, as the federal government done? Is in terms of full implementation, quite, quite frankly, the federal government is totally committed. Today is full.”

“There’s no half measure about this at all. It’s full, okay,” Akume affirmed.

Additionally, Akume noted that his discussion with the President included other matters concerning state governance.

ShareTweetShare
Previous Post

Japa: 15,000 Doctors Leave Nigeria Due To Poor Remuneration — NMA

Next Post

Iron Global Markets Limited Bags Innovative Deal Execution Award

ANOTHER GOOD READ

Energy

Nigeria Widens Stakeholder Engagement On Implementing Minimum Energy Performance Standards (MEPS)

5 days ago
Transformation Of Nigeria’s Downstream Value Chain
Energy

Transformation Of Nigeria’s Downstream Value Chain

2 weeks ago
Critical Role Of Intellectual Property Rights On Nigeria’s Economic Future
Fiscal Policy

Critical Role Of Intellectual Property Rights On Nigeria’s Economic Future

2 weeks ago
Unlocking The Economic Potential of Nigeria’s Shea Industry
Nigerian Economy

Unlocking The Economic Potential of Nigeria’s Shea Industry

2 weeks ago
Nigeria’s Local Oil Companies Providing Crude Production Buffer With IOC’s Onshore Exit
Energy

Nigeria’s Local Oil Companies Providing Crude Production Buffer With IOC’s Onshore Exit

3 weeks ago
Nigeria’s Debt Dilemma: Rethinking Strategy For Fiscal Stability
Fiscal Policy

Nigeria’s Debt Dilemma: Rethinking Strategy For Fiscal Stability

3 weeks ago
Next Post
Iron Global Markets Limited Bags Innovative Deal Execution Award

Iron Global Markets Limited Bags Innovative Deal Execution Award

Most Recent

ECS: NSITF Compensates 2 Beneficiaries With N23m

ECS: NSITF Compensates 2 Beneficiaries With N23m

July 1, 2025
Labour Institute’s DG Hails Tinubu On Rights Protection, Nigeria First Policy

Tinubu Seeks Visa Waiver Deal With OECS Countries

July 1, 2025
Senator Jibrin Barau @66: Footprints Of A Political Powerhouse And Philanthropist

Senator Jibrin Barau @66: Footprints Of A Political Powerhouse And Philanthropist

June 30, 2025
Obasa: Chronicling A Decade Of Commanding Legislative Tour De Force   

Obasa: Chronicling A Decade Of Commanding Legislative Tour De Force  

June 30, 2025
17 States Confirm Plans To Host Olympic Day

17 States Confirm Plans To Host Olympic Day

June 30, 2025
NSC Commends Akeredolu For Driving Nigeria’s Flag Football Success

NSC Commends Akeredolu For Driving Nigeria’s Flag Football Success

June 30, 2025
We Are Ready To Host CAA U18/U20 Championships – LOC

We Are Ready To Host CAA U18/U20 Championships – LOC

June 30, 2025
PFL  Event: Ukah Eyes Thrilling Debut Against South African Ceileigh

PFL Event: Ukah Eyes Thrilling Debut Against South African Ceileigh

June 30, 2025
Advertise with us

© 2024 | National Economy

No Result
View All Result
  • Home
  • News
    • International Business
  • Lead-In
    • Cover
    • Investigation
  • Economy
    • Nigerian Economy
    • Fiscal Policy
    • Energy
    • Agri Business
    • Transportation
    • Industry
    • Competition
    • Homes & Property
    • Insurance
    • Companies & Markets
      • Companies
      • Capital Market
  • Tech
  • States & Politics
  • Commentary
    • Analyst
    • Business Matters
    • All Angles Considered
    • ClickSend
  • Editorial
  • Data
  • Others
    • Opinion
    • Money Guide
    • Analysis
    • Growth
    • Sport Economy

© 2024 | National Economy