The President of the Senate, Bukola Saraki, has said that the National Assembly was ready to legalize a new Minimum Wage for Nigerians.

He, however, said that the legislature was only waiting for the executive to make a formal presentation to the National Assembly on the issue.

Saraki, who made this known in Abuja, said that the senate was aware of the need to review the current minimum wage.

He said that all the indices upon which the last minimum wage of N18, 000 was approved had changed and that there was, therefore, no need leaving the wage unchanged.

He acknowledged that the sufferings of Nigerians were glaring, and said that the national assembly was only waiting for the executive to present a bill for a wage review.

"We are in support; we are waiting for the executive. We have told them to go ahead with the idea.

"I have said it myself and the Speaker of House of Representatives said it the last time that we are fully in support. We are waiting for the executive to make a move on it.

"We are prodding the executive to do that; we have done that many times and we are still doing that.

"It is justifiable to have a new minimum wage. How will it not be if you look at the challenges the people are going through.

"More so, all the indices have changed since then, and should that be the only index that should stay the same? It is not possible," he said.