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Home Economy Tinubu Signs New Minimum Wage Into Law
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Tinubu Signs New Minimum Wage Into Law

By
Prnigeria
-
July 29, 2024
President Bola Ahmed Tinubu
President Bola Ahmed Tinubu

Tinubu Signs New Minimum Wage Into Law

President Bola Tinubu has signed the minimum wage bill into law.

This development brings to an end several months of discussions between government authorities, labor unions, and the private sector.

The bill was signed at the State House in Abuja on Monday, just days after its passage by the National Assembly.

 

Read Also:

  • Anambra Police Arraign Four Over Child Defilement
  • NSCDC: Interior Minister Decorates 22 Newly Promoted ACGs in Abuja
  • Hunter, Farmer Killed as Villager Eliminates Armed Bandit in Separate Attacks in Northcentral

Organised Labour represented by the Nigeria Labour Congress, NLC, and the Trade Union Congress, TUC, have had several disagreements with the federal government over the amount that needed to be approved as the new minimum wage.

 

However, the parties reached an agreement days ago that the new minimum wage amount should be N70,000 which the President has approved to take effect.

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Gunmen Kill Five in Plateau as Army Moves to Contain Tiv-Fulani Clashes in TarabaPolice Arrest Notorious Bandits in Abuja, Rescue Abducted Victims in KogiAWCN Commandant Tasks Departing Officers to Uphold Discipline, ProfessionalismBandits Abduct Naval Personnel, Family in Kaduna as FCT Police Arrest Armed RobberAnambra Police Arraign Four Over Child DefilementNSCDC: Interior Minister Decorates 22 Newly Promoted ACGs in AbujaHunter, Farmer Killed as Villager Eliminates Armed Bandit in Separate Attacks in NorthcentralNAF Offers Free Healthcare to 11,000, Conducts 846 Surgeries in ImoPHOTOS: Third Estate Salutes CP Jimoh’s Leadership in Transforming Lagos PolicingIGP Upgrades Police Medical Section to Directorate StatusTroops Eliminate 3 Kidnappers, Rescue 2 Victims in DeltaTinubu Hails Nigerian Armed Forces at TICAD 9 as Japan Pledges $5.5bn Support for AfricaCOAS Commissions Signature Projects in South-south, Reassures Troops' WelfareNigeria’s Military Gains a Springboard for Development, Tinubu Tells TICAD SummitFG Unveils Youth-Driven Manifesto to Unlock Agritech, Finance
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