President Bola Ahmed Tinubu has announced that an average low-grade worker in Nigeria shall receive an additional N25,000 per month for the next six months.

The president made this declaration in his nationwide broadcast as part of the program of events marking Nigeria’s 63rd Independence anniversary celebration.

“Based on our talks with labour, business and other stakeholders, we are introducing a provisional wage increment to enhance the federal minimum wage without causing undue inflation.

For the next six months, the average low-grade worker shall receive an additional N25,000 per month,” he announced, while outlining measures being taken to relieve the stress on families and households after the removal of fuel subsidy and unification of exchange rates”.

“We have embarked on several public sector reforms to stabilise the economy, direct fiscal and monetary policy to fight inflation, encourage production, ensure the security of lives and property and lend more support to the poor and the vulnerable.”

He also thanked members of civil society organisations and labour unions for their dedication to Nigeria’s democracy, saying, “We may not always agree, but I value your advice and recommendations. You are my brothers and sisters and you have my due respect.”