UPDATED: Minister did not propose N105,000 new minimum wage – Presidency

Minister of Finance and Coordinating Minister for the Economy, Olawale Edun
The Presidency has described as false the news making the rounds that the Minister of Finance and Coordinating Minister for the Economy, Wale Edun, has proposed N105,000 in the new minimum wage template.

The Special Adviser to the President on Information and Strategy, Bayo Onanuga, disclosed this on his X account on Thursday.

The presidential aide wrote, “The Honourable Minister of Finance and Coordinating Minister for the Economy, Wale Edun, has not proposed N105,000 minimum wage.

“The contrary story being disseminated is false.”