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Saturday, November 23, 2024

Senate approves N30k minimum wage for workers

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Nigeria workers, especially those in the private sector and in the employ of the federal government, have every cause to smile following Senate approval of the proposed new minimum wage of N30,000 per month.
The new minimum wage Act CAP N61 LFN (repeal and re-enactment) Bill, 2019, was read Tuesday for the third time and passed.
What is left is for the harmonisation of the reports by a Joint Committee of both Houses of the National Assembly. The harmonised copy of the bill will then be passed. A clean copy of the bill will be presented to be signed into law by President Muhammadu Buhari. The House of Representatives had passed its version of the bill shortly before the February 23, 2019 elections.
Tuesday, the report by the Senate Ad hoc committee on the new National minimum wage was presented by Senator Francis Alimikhena, after which the Red Chamber collapsed into the Committee of the Whole for the clause by clause consideration of the report. The bill was thereafter passed by the Senate.
 

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