Federal Government plans a ₦895bn supplementary budget for 2024 to implement a new minimum wage, following Organised Labour concerns.

The Federal Government is preparing a supplementary budget of ₦895bn for the 2024 fiscal year to support the implementation of a new minimum wage for workers. The development comes as part of ongoing efforts to address the Organised Labour's concerns and establish a fair wage structure for all Nigerians. President Bola Tinubu is expected to meet with leaders of the organised Labour before taking a final decision on the amount to be forwarded to the National Assembly for consideration.