Minister of Finance, Mr Wale Edun, on Wednesday met the 48-hour deadline to present a new minimum wage template to President Bola Ahmed Tinubu.
According to Western Post, the template proposes a new minimum wage of N105,000 (approximately $220 USD) per month for Nigerian workers.
Tinubu is currently reviewing the proposal, and an official announcement would be made soon.
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It would be recalled that the Labour Unions went on strike action on Monday after their meeting with the National Assembly leadership could not yield a satisfactory result.
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The strike grounded all economic activities in the country including the closure of the International airports, schools, courts, banks and hospitals across the country.
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