President Bola Ahmed Tinubu has presented the ₦70,000 Minimum Wage Bill to the House of Representatives for consideration and passage into law.
The bill aims to legalize the ₦70,000 minimum wage agreed upon by organized labor, the organized private sector, and the federal government after a series of negotiations. The President’s letter, read on the floor of the House by Speaker Rep Tajudeen Abbas, provides for a new national minimum wage and a legal framework for its implementation.
President Tinubu urged the lawmakers to expedite the passage of the minimum wage bill to ensure immediate implementation for the benefit of Nigerian workers. Additionally, the President sought an amendment to the Nigeria Police Act regarding the appointment and tenure of the Inspector General of Police.
(Source: Vanguard News)
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