In a landmark move, President Bola Tinubu has given his assent to the N70,000 National Minimum Wage bill, marking a significant victory for Nigerian workers.
The signing ceremony, held at the Council Chambers of the Presidential Villa, was attended by top government officials, including the leadership of the National Assembly.
This development is expected to bring relief to millions of workers across the country, who have been advocating for a higher minimum wage to cushion the effects of economic hardship.
With the signing of the bill into law, employers of labour are now mandated to pay their workers a minimum of N70,000 per month, a move that is expected to boost productivity and stimulate economic growth.
The new minimum wage is a testament to President Tinubu’s commitment to improving the welfare of Nigerian workers and his administration’s dedication to creating a better life for all citizens.
