President Bola Tinubu has promised to review national minimum wage in a way that it reflects realities.
He spoke while receiving members of the Progressives Governors Forum, PGF led by the Chairman, Senator Hope Uzodinma of Imo State, at the Presidential Villa, Abuja on Friday.
Tinubu said improving the livelihood of Nigerians remains a top priority of his administration, with more people-focused economic policies.
The president also advised national and sub-national governments to work together on the issue, which, according to him, already requires “soul searching.’’
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.
“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.”
Tinubu also assured that the multiple exchange rates will be streamlined, noting that governance was a continuum.
He further said it was a good and encouraging sign that the APC has a majority in the National Assembly and some Houses of Assembly, which will make it easier to develop policies that will directly impact the economy and the people.
“I have inherited the assets and liabilities of my predecessor. This is the first time you entered the Council Chambers, and it is my first time too for a meeting,” he added.