President Bola Tinubu signed the National Minimum Wage Bill into law on Monday, marking the beginning of the implementation of the N70,000 minimum wage agreed upon by all stakeholders in the tripartite committee. The signing ceremony took place at the Council Chambers of the Presidential Villa, Abuja, and was witnessed by the leadership of the National Assembly, including Senate President Senator Godswill Akpabio and Deputy Senate President Senator Jibrin Barau, among others.<\/p>\n
The President, who was presiding over a Federal Executive Council meeting, temporarily suspended proceedings to sign the bill into law. Following the signing, Senate President Akpabio spoke to State House Correspondents, expressing his happiness for Nigerian workers. He emphasized that the government had more than doubled the wage benchmark, adding additional funds to it.<\/p>\n
Akpabio also addressed those planning a national protest, cautioning them to exercise their right to protest within the bounds of the law and to avoid violence or destructive actions. He noted that the current challenges facing the country were not caused by the present administration and warned that violence would hinder efforts to rebuild the nation.<\/p>\n
\u201cI\u2019m ecstatic. I\u2019m excited about the Nigerian worker and the national minimum wage amendment is for the whole nation; for the federal government, the states, the local governments, the private sector, and even for individual employers,\u201d Akpabio said. He highlighted that while the previous minimum wage was N30,000, it has now been increased to N70,000, marking a significant improvement for workers across the nation.<\/p>\n
Akpabio also reassured the public that any employer with the capacity to pay more than the minimum wage is encouraged to do so. He emphasized that no Nigerian worker should be paid less than N70,000 from now on.<\/p>\n
Addressing the ongoing economic difficulties, Akpabio praised President Tinubu’s efforts and urged Nigerian youth not to be misled by groups aiming to incite violence. He stressed that the economic challenges were the result of years of insecurity and other factors beyond the control of the current administration.<\/p>\n
Akpabio called on the youth to focus on constructive actions that would contribute to national development rather than engaging in destructive protests. He assured that the government is committed to improving the lives of Nigerians and urged the public to support these efforts.<\/p>\n
The new minimum wage bill, which was swiftly passed by the National Assembly, comes at a critical time as the nation faces various economic challenges. The signing ceremony precedes a proposed protest by anonymous individuals intending to express their dissatisfaction with the state of governance.<\/p>\n","protected":false},"excerpt":{"rendered":"
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