President Bola Tinubu has promised to introduce a New National Minimum Wage for Nigerian workers.

In a national broadcast on Monday, the President empathised with Nigerians for the sufferings experienced, as he revealed that his administration is working with the Organized Labour to reach agreement on the general upward salary review.

Our Correspondent, Raliat Adenekan reports that the President also reeled out bold measures to revitalize the economy: stating that between now and March 2024, the administration will invest N75 billion in the manufacturing sector, inject funds into Micro, Small and Medium-sized Enterprises (MSMEs), provide buses across the states and local governments for mass transit at a highly affordable rate amongst others.

On food supply and Agricultural investment, President Tinubu who announced that Nigeria has saved trillions of Naira since the removal of fuel subsidies and stoppage of the preferential exchange rate system, also ordered the release of 200,000 Metric Tonnes of grains and will provide 225,000 metric tonnes of farming inputs to ensure that food prices remain affordable, while N200 billion will be invested into cultivating 500,000 hectares of farmland across Nigeria.