- By Halimah Olamide
President Bola Ahmed Tinubu on Monday signed into law the new National Minimum Wage Amendment bill 2024.
The law prescribes a minimum of N70,000 as monthly salary.
The new wage is also reviewable every three years.
According to Bayo Onanuga, Special Adviser to the President on Information and Strategy, Tinubu signed the bill midway into the Federal Executive Council meeting.
The Head of Service, Folasade Yemi-Esan said the new law “will undoubtedly reassure the workers that the President cares about their welfare.”
Also present at the signing was the Senate President Godswill Akpabio.
Akpabio had led National Assembly leaders to the signing ceremony.
Tinubu thanked the National Assembly for accelerating the passage of the law.
More details later…