THE Federal Executive Council (FEC) has stepped down from consideration and deliberation on the memo on the new minimum wage to allow President Bola Tinubu to engage in more consultation with stakeholders.
Minister of Information and National Orientation, Mohammed Idris, disclosed this on Tuesday while briefing State House correspondents on the decisions taken at the council meeting.
He said the President has studied the report submitted by the Tripartite Committee on Minimum Wage and would consult further before a final submission on a new national minimum wage to the National Assembly.
“I want to inform Nigerians here that the Federal Executive Council deliberated on that [the report of the tripartite committee on the new national minimum wage],” he said.
“The decision is that because the new national minimum wage is not just that of the Federal Government. It is an issue that involves the Federal Government, the state governments, local governments, the organised private sector, and of course, including the organised labour.
“That memo was stepped down to enable Mr. President to consult further, especially with the state governors and the organised private sector, before he makes a presentation [of an executive bill] to the National Assembly.”