President Bola Ahmed Tinubu, on Saturday said the national minimum wage needs a review to reflect current realities.

The president stated this while receiving members of the Progressive Governors Forum (PGF), led by its chairman, Hope Uzodinma, at the Presidential Villa, Abuja.

He said, “We need to do some arithmetic and soul searching on the minimum wage,’’ adding, “We will have to take a look at that together, and the revenue. We must strengthen the source and application of our revenue.’’

Tinubu said to the governors, “I have inherited the assets and liabilities of my predecessor. This is the first time you entered the Council Chambers, and it is my first time too for a meeting.

“As progressives and thinkers under the umbrella of the All Progressives Congress, you have a role to play in educating our people and making sure we manage ourselves.”

Speaking further he said, “If we work together, the Nigeria of our dreams is not far away. Rest assured that we will not have multiple exchange rates anymore. You asked for this meeting, and I had to set aside time to be here.

We have a political party that we will need to manage, whichever way, we have inherited assets and liabilities, and we cannot complain.”