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 was sent in a letter addressed to the Speaker, Abbas Tajuddeen on Wednesday was to give legal backing to the N70, 000 recently agreed upon between organised Labour, organised private sector and the federal government.
The President appealed to the Lawmakers to expedite the passage of the minimum wage bill to ensure immediate implementation for the benefit of Nigeria workers
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According to Tinubu , the bill is to prescribe the national minimum wage and also provide for legal framework for review of the national minimum wage and for other purposes.
“While appreciating the House of Representatives’ expeditious consideration of this bill, please accept the highest consideration,” Tinubu said.
The speaker, thereafter committed the bill to the committee of the whole for consideration, in view of its urgency.
In another letter, the President sought to reduce the period for reviewing the minimum wage from five years to three years.
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