The Tripartite Committee on Review of National Minimum Wage has recommended N30,000 as the new minimum wage for workers in the country.
The committee made the recommendation in its report submitted to President Muhammadu Buhari on Tuesday.
President Buhari received the report from the chairman of the committee and a former Head of Service of the Federation, Ms Ama Pepple, at the Presidential Villa in Abuja.
He thanked the members of the committee for their efforts and promised to send an executive bill to the National Assembly for approval.
“On behalf of all Nigerians today, I want to thank you for your commitment and sacrifice in getting us to where we are today,” President Buhari said.
He added, “In the past few days, I have been receiving regular updates on your deliberations.
“And today, I am pleased that you have completed your work in a peaceful and non-confrontational manner. The entire nation is grateful to you all.”
The President, however, warned workers in the country against allowing themselves to be used as political tools.
He said his administration has focused on correcting the deficiency in the nation in the last three years, adding that they are working to create a diversified and inclusive economy.
President Buhari said, “Since 2011, many changes have taken place. Nigeria rebased its GDP to become the largest economy in Africa.
“We reported very strong GDP growth rates and exceptional performance of our capital markets. However, these reported successes did not flow into the pockets and homes of majority of Nigerians.”
According to the President, the government is pushing to clear pension arrears owed to retired workers with the limited resources available to it.