President Muhammadu Buhari-led federal government, has said that the salaries of all those earning above the minimum wage, would be slashed down. Inaugurating a Presidential Advisory Committee on New National Minimum Wage, at the Council Chambers, on Wednesday, he stated that he would be engaging those earning above the country’s minimum wage, soon, for review.
The President, had while presenting this year’s budget proposal to the joint session of the National Assembly, last month, said that he would set up a Technical Committee, to look into the recommendations of the Tripartite Committee on Minimum Wage.
In attendance at the session, were the Vice President, Yemi Osinbajo, Secretary to the Government of the Federation, Boss Mustapha, Chief of Staff, Abba Kyari, among others.
The President, who said that a provision for the new minimum wage had been made in the 2019 budget proposal, added that, he is committed to the upward review of the minimum wage. “We will be engaging those currently earning above the minimum wage”, he said, asking them to be prepared.
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