National Economic Council Silent on Its Position on the Tripartite Wage Report

The National Economic Council was silent on its position on the report of the tripartite committee on the National Minimum Wage after its meeting in Abuja on Thursday.

The report was expected to be deliberated upon by the council, as part of the ongoing consultations on the new wage, as promised by the national executive council.

President Tinubu attended the meeting which was presided over by Vice President Kashim Shettima, along with the state governors.

Agriculture Minister, Abubakar Kyari, addressing the state house correspondents after the meeting was silent on the wage report.

The minister, however said the council approved a $1 billion agriculture mechanization program, in which a minimum of 2,000 tractors would be provided yearly for the next five years.

Also, 1,000 agro producers service are to be established in all the six zones to be manned by 600,000 youths.

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After the NEC meeting held at the Presidential Villa in Abuja yesterday, there was no mention of minimum wage as governors who briefed the press did not entertain questions.

Instead, President Tinubu approved a one-off’ allocation to states and the Federal Capital Territory (FCT) of N10 billion for the procurement of buses and CNG uplift program.

This was part of a new intervention tagged National Construction and Household Support Program.

In a statement, presidential spokesman, Ajuri Ngelale, said the program includes the Delivery of N50,000 uplift grants each to 100,000 families per state for three months, and provision for labour unions and civil society organizations.

According to him, there would be Deployment of N155 billion for the purchase and sale of assorted foodstuff to be distributed across the nation.

The statement said the program was expected to boost agricultural productivity, strengthen the economy by creating opportunities in the real sectors of agriculture, manufacturing, and construction, as well as provide urgent economic relief for Nigerians.