President Bola Tinubu has signed the minimum wage bill into law, barely one week after the Senate passed the bill into law to quell the agitation of the labour unions.
The signing into law of the bill that adjusted the Minimum Wage Act, 2019, ended months of deliberations between government authorities, labour unions, and the private sector.
Tinubu signed the bill into law on Monday at the State House in Abuja, approving an upward review of the minimum wage from ₦30,000 to ₦70,000.
A National Assembly delegation led by the President of the Senate Godswill Akpabio and some members of the House of Representatives were around to witness the ground-breaking event.
Following the signing, the Special Adviser to the President on Senate Matters, Basheer Lado, in a statement made available to newsmen, said that the move is a promise kept.
According to the statement, “The signing of the minimum wage bill into law by His Excellency, President Bola Ahmed Tinubu is both a promise kept and a demonstration of his people-centric governance model.
“Tinubu promised to pay a living wage to Nigerian workers during his electioneering campaigns and he has kept that promise.”
