President Bola Tinubu has instructed Finance Minister Wale Edun to develop a new minimum wage proposal. This directive was announced by Minister of Information and National Orientation, Mohammed Idris, in Abuja on Tuesday, following a meeting between the Federal Government delegation on the new minimum wage and the President.

"The President has directed the Minister of Finance to crunch the numbers and report back within a day or two, so we can have figures ready for negotiations with Labour. Mr. President is committed to following the committee's recommendations and prioritizing the welfare of Nigerians," Idris stated.

He emphasized that the government supports labour and wage increases. The Federal Government delegation included Idris, Edun, Secretary to the Government of the Federation George Akume, Labour Minister Nkiruka Onyejeocha, Minister of Budget and Economic Planning Atiku Bagudu, Chief of Staff to the President Femi Gbajabiamila, and Group Chief Executive Officer of the Nigerian National Petroleum Company (NNPC) Limited Mele Kyari.