The National Assembly will Tuesday get an executive bill on the new national minimum wage following an agreement between President Bola Tinubu and labour leaders on higher remuneration for workers.
On Thursday, the President and the Nigeria Labour Congress and the Trade Union Congress of Nigeria led by their presidents, Joe Ajaero and Festus Osifo, respectively, agreed on N70,000 as the new national minimum wage during their meeting at the Aso Presidential Villa, Abuja.
The wage will replace the N30,000 minimum wage that expired on April 18, 2024. To give legal teeth to the agreement ahead of its implementation, the Special Adviser to President Bola Tinubu on Information and Strategy, Bayo Onanuga, confirmed to one of our correspondents that the lawmakers would get the executive bill on the new minimum wage by Tuesday.
He said, “The minimum wage will reach the National Assembly by Tuesday. He (President Tinubu) told labour in the meeting that it will be ready by Tuesday.”
