The presidency has dispelled rumors regarding an alleged proposal by the Minister of Finance and Coordinating Minister of the Economy, Wale Edun, to set a new minimum wage at N105,000 for Nigerian workers.

Bayo Onanuga, the Special Adviser to the President on Information and Strategy, refuted these claims on his X platform, asserting that such a proposal was never made by the finance minister. Onanuga clarified that the reports circulating about this proposed minimum wage are false and misleading.

In his post, Onanuga stated: “The Honorable Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has not proposed N105,000 minimum wage. The contrary story being disseminated is false.”

This clarification comes amid ongoing discussions and speculations about potential adjustments to the national minimum wage, a topic of significant interest and concern among Nigerian workers and labor unions.

The presidency’s swift response aims to quell the misinformation and ensure that public discourse is based on accurate and verified information. It underscores the administration’s commitment to transparent communication regarding economic policies and decisions affecting the Nigerian workforce.

**End of statement**