Buhari: Why I’m cautious in implementing new minimum wage

President Muhammadu Buhari has reiterated that he is committed
to the implementation of the new minimum wage of N30,000 for
Nigerian workers.

He however, added that his government must approach such
implementation with caution so that it does not lead to increased
borrowing.

Buhari stated this Wednesday during the formal presentation of
the 2019 Budget Proposal of N8.7 trillion before a joint session of
the National Assembly.

“Let me say I am committed to the new minimum wage. But we have
to be cautious so that the implementation does not lead to
increased borrowing,” the president declared.

He further stated that technical committees would be set up to
map out ways to ensure that the new wage was effected as soon as
possible.

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