Presidency Denies Reports of N105,000 Minimum Wage Proposal
The Special Adviser to the President on Information and Strategy, Bayo Onanuga, clarified that no such proposition has been put forward.
Zita Ezechi 
In response to circulating reports suggesting a proposal of a N105,000 minimum wage by the Federal Government, the Presidency has vehemently denied such claims. The Special Adviser to the President on Information and Strategy, Bayo Onanuga, clarified that no such proposition has been put forward.
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Special Adviser Bayo Onanuga, addressed the media on Thursday, dismissing the reports as false and baseless. He emphasized that there has been no discussion or consideration within the government regarding such a substantial increase in the minimum wage.
"The Honorable Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has not proposed N105,000 minimum wage. The contrary story being circulated is false."
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The genesis of the misinformation stems from the presentation of the cost implications of implementing a new national minimum wage to President Bola Tinubu at the Presidential Villa. Minister of Finance, Wale Edun, along with Minister of Budget and National Planning, Atiku Bagudu, submitted the template outlining the financial aspects of the proposed wage adjustments.
