President Bola Tinubu has announced that his administration will implement the national living wage in 2024.
He stated this on Monday, January 1, during his New Year’s broadcast message to Nigerians.
Tinubu said, “We will work diligently to ensure that every Nigerian feels the impact of their government. The economic aspirations and material well-being of the poor, the most vulnerable, and the working people shall not be neglected.
“It is in this spirit that we are going to implement a new national living wage for our industrious workers this new year. It is not only good economics to do this; it is also a morally and politically correct thing to do.”
He stated that he understands the worries of Nigerians and affirmed to the nation that, despite encountering difficult situations, the collective spirit should endure as tough times are transient.
President Tinubu’s first six months in office have witnessed numerous achievements and introduced several initiatives.
However, the ongoing implementation of these reforms has faced criticism from Nigerians, who argue that it has not effectively addressed the current economic challenges.
Since assuming the presidency, inflation has reached record levels, and the value of the Naira has continued to decline, dropping even further below the dollar.
Tinubu reassures Nigerians of a better life in New Year’s message
In his New Year’s address, President Tinubu acknowledged the desires of Nigerians amid the challenges of 2023.
He assured the public that his plans for reforming the country were still on course, emphasising that he had heard the citizens’ concerns.
The President urged the people to stay resilient and unwavering despite the difficulties experienced in 2023.
President Tinubu also revealed that his “major ambition” as a politician is to “build a fair and equitable society.”
He added that his aspiration is always to “close the widening inequality” in his country.
His words: “Fellow Nigerians, my major ambition in government as a Senator in the aborted Third Republic, as Governor of Lagos State for eight years, and now as the President of this blessed country is to build a fair and equitable society and close the widening inequality.
“My government, in this new year 2024 and beyond, will work to give every Nigerian an equal opportunity to strive and to thrive.”
