President Bola Tinubu has announced that a consensus has been reached on the new national minimum wage between the Federal Government and organized Labour. In his national broadcast on Democracy Day, Tinubu revealed that an executive bill will soon be sent to the National Assembly to formalize the agreement, which will be enshrined in law for the next five years or less.
Tinubu emphasized that his administration chose a democratic approach over dictatorship in addressing the demands of Labour unions. He highlighted that the government did not seek to oppress or crack down on workers, instead opting for cooperation and negotiation. The President vowed to ensure that no Nigerian is oppressed and urged the nation to stay hopeful for a better future.
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The President also touched on the importance of democracy, stating that it affords people the opportunity to contribute to the collective good. He emphasized that democracy is a journey that must be constantly nurtured and watched closely, and that it is the responsibility of all Nigerians to participate in building a nation where every voice is heard and every citizen is empowered.
In his address, Tinubu acknowledged the challenges faced by the nation, but expressed confidence that the country is on the path to progress. He urged Nigerians not to be wary and to be hopeful for a better future, stating that the initial rays of a brighter tomorrow now appear on the early horizon. The President concluded by urging the nation to continue to keep the fire of democracy burning and to keep the torch lit for generations to come.
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