In a bid to address the lingering issues of minimum wage and economic development, President Bola Ahmed Tinubu and Vice President Kassim Shettima met with the 36 state governors and other ministers at the National Economic Council (NEC) meeting.
The meeting, which was the 141st NEC meeting, was held at the Council Chamber of the State House in Abuja and was attended by all the state governors, ministers, and other stakeholders. The meeting came two days after the Federal Executive Council (FEC) stepped down a minimum wage review memo to allow for more consultations.
The President and the governors discussed the new minimum wage for workers and other economic issues affecting the country. The meeting was seen as a crucial step towards finding a lasting solution to the minimum wage impasse, which has been a subject of controversy in recent times.
The Federal Government had proposed a minimum wage of ₦62,000, which was rejected by labour unions, who are demanding a minimum wage of ₦250,000.
The meeting was expected to provide a platform for the President and the governors to discuss the issues and find a middle ground that would be acceptable to all parties. The President was expected to make a decision on the minimum wage proposal after consulting with the governors and other stakeholders.
The meeting also discussed other economic issues affecting the country, including the state of the economy, revenue generation, and infrastructure development. The governors were expected to brief the President on the economic situation in their respective states and proffer solutions to the challenges facing the country.
The meeting was seen as a demonstration of the President's commitment to engaging with stakeholders to find solutions to the country's economic challenges. The President had promised to engage with labour unions and other stakeholders to find a lasting solution to the minimum wage impasse.
The outcome of the meeting was expected to have far-reaching implications for the country's economy and the welfare of workers. A new minimum wage would be a welcome development for workers, who have been struggling to make ends meet due to the high cost of living in the country.
In conclusion, the meeting between President Bola Ahmed Tinubu, Vice President Kassim Shettima, and the governors was a crucial step towards finding a lasting solution to the minimum wage impasse and other economic challenges facing the country. The outcome of the meeting was expected to have a significant impact on the country's economy and the welfare of workers.
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