Minimum wage: President Tinubu sends bill on new minimum wage to NASS 

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Minimum wage: President Tinubu sends bill on new minimum wage to NASS

Zainab Tanimu

Kaduna, Northwest Nigeria

The issue of the new minimum for workers has been put to rest as federal government and labour has reached an agreement.

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“We shall soon send an executive bill to the National Assembly to enshrine what has been agreed upon as part of our law for the next five years or less.” The president said.

This was contained in his Democracy Day address on June 12, 2024, as he assured the nation that an executive bill proposing a new national minimum wage will soon be sent to the National Assembly for approval.

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Stressing his administration’s commitment to improving the welfare of Nigerian workers. “In this spirit, we have negotiated in good faith and with open arms with Organised Labour on a new national minimum wage,” Tinubu stated.

This announcement highlights the government’s proactive approach to addressing workers’ concerns and ensuring fair compensation in the face of economic challenges. The proposed bill, once passed, will set the new minimum wage standard and provide a legal framework for its implementation across the country.
The President’s commitment to negotiating with organized labor reflects a broader effort to foster cooperation and ensure that the needs of workers are met. The new minimum wage aims to enhance the living standards of Nigerian workers and promote economic stability.

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