President Bola Tinubu and Vice President Kassim Shettima met on Thursday with the governors of the 36 states and ministers to discuss a new minimum wage for workers and other economic issues. The meeting took place during the 141st session of the National Economic Council (NEC) in the Council Chamber of the State House in Abuja.

Vice President Shettima chaired the meeting initially, with state governors, deputy governors, and ministers in attendance, before President Tinubu arrived.

This meeting occurred just two days after the Federal Executive Council (FEC) postponed a minimum wage review memo to allow for further consultations. On Wednesday, the Nigeria Governors’ Forum (NGF) met in Abuja and reassured Nigerians that the ongoing negotiations among the government, private sector, and organized labor would result in better wages.

In his Democracy Day speech on June 12, 2024, President Tinubu promised that an executive bill on the new national minimum wage would soon be sent to the National Assembly for passage. The President is expected to decide between the government and private sector's proposal of ₦62,000 and Labour's demand for ₦250,000.