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updated 10:20 AM UTC, Dec 13, 2023

Nigerian Senate Adopts 66.66% Rise In National Minimum Wage, From ₦18,000 To ₦30,000

Unic Press UK: The Nigerian Senate, the upper legislative chamber has adopted a new National Minimum Wage after a reading of the National Minimum Wage Act CAP N61 LFN a third time Tuesday during plenary.

The upper chamber’s seal, approving a new National Minimum Wage of ₦30,000.00, follows its clause by clause consideration of and adoption of the report of the Ad-hoc Committee on the National Minimum Wage Act CAP N61 LFN (repeal and re-enactment) Bill, 2019 (SB. 722) as presented by Senator Francis Alimikhena (APC – Edo North).

In a brief speech at plenary after the report of the ad-hoc committee had been adopted, the Senate President Bukola Saraki said: “Let me join our colleagues to commend the efforts of the committee. More importantly, let me commend the patience of Nigerian workers and the leadership of the Labour Union, who have over the years been calling for this minimum wage and have carried their efforts responsibly. I want to commend the leaders of the organisations of the union. Let me also state that as government, we should ensure that at times like these, we should not wait for there to be strikes to do what is truly deserving for our workers. I hope that with this minimum wage our workers will double their efforts to increase their productivity, so that we can also improve the general productivity of the country. It is my hope that the implementation of this will start immediately.”

 

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