Presidency Announces Effective Date Of New Minimum Wage, Promises Back Payments To Workers
Presidency Announces Effective Date Of New Minimum Wage, Promises Back Payments To Workers
The presidency has confirmed that the new national minimum wage will be effective from April 2024. Dada Olusegun, Special Assistant to President Bola Tinubu on Social Media, shared this update in a post via X on Tuesday, emphasizing that workers will receive arrears reflecting the increase from that period……… CONTINUE READING
President Bola Tinubu has formally submitted the National Minimum Wage Bill to the National Assembly for their consideration and approval. This follows his recent approval of a ₦70,000 minimum wage for Nigerian workers.
During Tuesday’s plenary sessions in both the House of Representatives and the Senate, President Tinubu’s letters requesting legislative action on the bill were read aloud, marking a significant step toward its enactment.
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