The Presidency has dismissed reports circulating on social media and some news outlets claiming that the Minister of Finance, Wale Edun, proposed a new minimum wage of N105,000.
In a statement released on his official X account, the Special Adviser to the President on Information and Strategy, Bayo Onanuga, described the reports as “false” and “without any basis”.
According to Onanuga, there has been no such proposal from the Minister of Finance or any other government official. He urged Nigerians to disregard the reports and rely only on official channels for accurate information.
This clarification comes after various news outlets and social media platforms had reported the alleged proposal, generating widespread discussion and debate.
The Presidency’s swift denial has put the matter to rest, and it remains to be seen if any new minimum wage proposals will be made in the future.
In the meantime, the current minimum wage of N30,000 remains in place, and workers continue to advocate for a review to address the rising cost of living and inflation.