The newly approved N70,000 minimum wage applies universally to all public and private workers, including maids and other domestic staff.
Senate President Godswill Akpabio announced this during the plenary session on Tuesday.
The bill was swiftly passed by both chambers of the National Assembly shortly after President Bola Tinubu transmitted it.
During the plenary, Akpabio stated, “If you are a tailor and you employ additional hands, you cannot pay them below N70,000. If you are a mother with a newborn child and want to hire a housemaid to look after your child, you cannot pay the person below the approved minimum wage. It is not a maximum wage. It applies to all and sundry.
Advertisement
Dear Reader,
The Book You Have Been Waiting For Is Ready
You will know true Joy,
Your Life on Earth will get Meaning,
And Peace will descend into your troubled Soul,
Only when you know Who you Serve,
And how to Serve.
Visit
https://selar.co/e76612
For the Soft Copy
And https://www.amazon.com/dp/9787970350
For the Hard Copy
Of
Who Do You Serve?
The Book takes You
On a Special Journey that you need now
To find the Help you have been longing for.
And you will never be the same again
After reading this Book.
To prove me wrong,
Visit
https://selar.co/e76612
For the Soft Copy
And https://www.amazon.com/dp/9787970350
For the Hard Copy
Of
Who Do You Serve?
“If you hire a driver or gateman, you cannot pay them below N70,000. So, I’m very delighted that this has been passed, and we now look forward to employers of labor improving on what has been set as a benchmark for all to follow.
“I congratulate the Nigeria Labour Congress, all Nigerians, and the National Assembly for this epoch-making legislation, which has even reduced the term of negotiations from five years to three years given the increasing cost of living. This is, again, a landmark legislation, so congratulations.”
He then adjourned the sitting to September 17.
Reports indicate that the Senate passed the 2024 National Minimum Wage Amendment Act Bill after President Bola Tinubu transmitted the new wage bill to both chambers of the National Assembly, seeking expeditious support from the lawmakers for its passage.
The new bill replaces the National Minimum Wage Act, No. 8, 2019, which approved a N30,000 minimum wage with a five-year negotiation period for a new wage. The new wage review period has now been reduced to three years following Tuesday’s legislation.
While leading a debate on the bill, the Majority Leader of the Senate, Opeyemi Bamidele, said N70,000 was agreed upon by all the parties after negotiations. “This is part of the Federal Government’s short-term measure to mitigate the situation in the country,” Bamidele said.
