President Bola Tinubu has said that he will approve a new minimum wage that the government can afford.
He made the statement on Wednesday at a dinner in Abuja commemorating Nigeria's 25th year of uninterrupted democracy.
The President thanked those who had supported him over the years and assured Nigerians that he would not abandon the principles of democratic governance.
He said that Senate President Godswill Akpabio and his deputy, Jibrin Barau would soon get an Executive Bill from him on the new minimum wage, adding that the minimum wage is going to be what Nigerians can afford.
The President also promised to bring down the prices of food by tackling the growing threat of banditry that has forced many farmers to abandon their farms, and admonished Nigerians to cut their coats according to their sizes.
Earlier, in his Democracy Day speech, the President recognised MKO Abiola and other democratic heroes.
He also encouraged Nigerians to support his administration's efforts to boost the economy and announced that a bill for a new minimum wage will be introduced in the National Assembly soon.
