President Muhammadu Buhari on Tuesday finally bowed to Nigerian Labour Unions pressure by approving N30,000 as the new national minimum wage.
The president made the approval when he received the report of the Tripartite Committee on the Review of National Minimum Wage at the Presidential Villa, Abuja.
With the approval, a Bill is expected to be sent to the National Assembly to effect the change from N18,000 to N30,000.
For several weeks, the Nigerian Labour Congress (NLC), Trade Union Congress (TUC), United Labour Congress (ULC) and other labour unions have been meeting with the Federal Government over the minimum wage issue.
The Organised Labour late on Monday announced the suspension of the planned nationwide strike.