President Bola Tinubu has promised to review the national minimum wage to reflect current realities.
The president disclosed this on Friday when the All Progressives Congress (APC) governors under the umbrella of the Progressive Governors Forum (PGF) visited him at the Presidential Villa.
According to him, improved livelihood for Nigerians remains a top priority of his administration.
Tinubu, who called for more people-focused economic policies, consequently urged the state governments to work with the federal government on the issue.
He said:
“We need to do some arithmetic and soul-searching on the minimum wage. We will have to take a look at that together, and the revenue. We must strengthen the source and application of our revenue.”
Going further, he urged the governors to make a difference in the people’s lives.
He added:
“This meeting is not strange to me, and the content of the meeting is so valuable. The camaraderie is very stimulating. This is about the Nigerian project, not Bola Tinubu.”
He also assured that his government’s policies would streamline the multiple exchange rates being experienced.
He also noted that governance was a continuum, saying:
“I have inherited the assets and liabilities of my predecessor.”