BREAKING: Senate passes minimum wage bill within an hour

The truce between the government and labour sides followed a series of talks between labour leaders and the President in the last few weeks after months of failed talks between labour organs and a tripartite committee on minimum wage constituted by the President in January.

President Tinubu’s direct engagement with labour leaders led to a compromise.
The agreed-upon figure of ₦70,000 represents a substantial increase from the current minimum wage.

In a remarkable display of efficiency, the Nigerian Senate has passed the proposed minimum wage bill in a single hour on Tuesday, completing the three required readings

Introduced by President Bola Tinubu, the legislation seeks to substantially increase the national minimum wage from N30,000 to N70,000.

Earlier on Tuesday, President Bola Tinubu has on Tuesday sent a bill to the House of Representatives, proposing a new national minimum wage of ₦70,000 for Nigerian workers.

The agreement marks a significant milestone in the ongoing negotiations between the government and labour unions after months of unsuccessful talks, the President’s intervention led to a breakthrough.

BREAKING: Senate passes minimum wage bill within an hour

The truce between the government and labour sides followed a series of talks between labour leaders and the President in the last few weeks after months of failed talks between labour organs and a tripartite committee on minimum wage constituted by the President in January.

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