The Minister of Finance and Coordinating Minister of the Economy, WALE EDUN, has urged stakeholders not to wait until the five-year validity period of the minimum wage expires before negotiating a new living wage.

EDUN who made this statement during his appearance on monitored television’s programme, said that in a democratic system, the wage negotiation process is a very important one.

The minister noted that the minimum wage sets a baseline for all sectors, including federal, state, and local governments, as well as the private sector and small businesses.