In a recent meeting with the members of the Progressive Governors Forum, President Bola Tinubu expressed his commitment to re-evaluating the minimum wage to better reflect the current economic conditions in the country.
He emphasized the need for both federal and state governments to collaboratively examine the minimum wage and strengthen the country’s revenue sources and allocation.
During the meeting, President Tinubu addressed the governors, stating, “We need to engage in careful analysis and introspection regarding the minimum wage. We must assess it collectively, along with our revenue streams. It is imperative to fortify the sources and application of our income.”
President Tinubu also highlighted that he had inherited the assets and liabilities from his predecessor, acknowledging the governors’ role in educating the public and ensuring effective governance within the All Progressives Congress (APC).
He reassured the attendees that the multiple exchange rates currently in existence would be streamlined, asserting, “By working together, we can realize the Nigeria we envision. I guarantee that we will unify the exchange rates. You requested this meeting, and I made it a priority to be here. We must manage our political party, irrespective of challenges, as we have inherited both assets and liabilities.”
Hope Uzodimma, representing the Progressive Governors Forum, pledged unwavering support for the President, commending Tinubu’s previous decisions as indicative of positive intentions for the nation’s economy.
