President Muhammadu Buhari Tuesday received report by the Tripartite Committee on the Review of National Minimum Wage in Abuja.
Speaking at the event, Buhari said:
"From the onset, we knew the committee had a difficult task ahead of it. But at the same time, we were also confident that the patriotic and professional background of its members would produce realistic, fair and implementable recommendations that will be considered by both the executive and legislative arms of government.
"I understand, on the government side, the concerns raised were around affordability - that today many states struggle to meet their existing salary requirements.
"On the side of labour, the points raised focused on the need for any increase to be meaningful.
"In a way, both arguments are valid. I want to assure you all that we will immediately put in place the necessary machinery that will close out these open areas. Our plan is to transmit the Executive Bill to the National Assembly for passage within the shortest possible time.
"I am fully committed to having a new National Minimum Wage Act in the very near future...
"...I therefore would like to ask for your patience and understanding in the coming weeks."
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