The amount proposed as the new minimum wage by the minister of Finance, Mr Wale Edun to the president Bola Ahmed Tinubu, has been revealed.
The new minimum wage template proposes a new minimum wage of N105,000 (approximately $220 USD) per month for Nigerian workers.
According to the report, Tinubu is currently reviewing the proposal, and an official announcement would be made soon.
It would be recalled that the Labour Unions went on strike action on Monday after their meeting with the National Assembly leadership could not yield satisfactory result.
The strike grounded virtually all economic activities in the country including the closure of the International airports, schools, courts, banks and hospitals across the country.
