President Bola Tinubu, yesterday afternoon, signed the newly passed N70,000 National Minimum Wage bill into law, a move that might have been intended to further douse the growing tension occasioned by the proposed nationwide protest.
The president assented to the bill in the course of the Federal Executive Council (FEC) meeting at the Council Chamber of the State House, Abuja.
President of the Senate, Godswill Akpabio, led the leadership of the 10th National Assembly to join the president in the symbolic signing exercise.
Akpabio, later spoke to newsmen at the State House, Abuja after the president signed the National Minimum Wage Bill into an Act, raising the least wage a Nigerian worker at any establishment would be paid from N30,000 to N70,000.
According to the Senate President, the new Act applied to all employers of labour in the country, including federal, state, and local governments, as well as private sector employers.
Akpabio, emphasised that the N70,000 minimum wage was not a maximum, and employers with the capacity to pay more were encouraged to do so.
