The new national minimum wage came into effect Monday as President Bola Tinubu signed the minimum wage bill into law.
Tinubu signed the much awaited bill at at the State House in Abuja days after the National Assembly National had passed the Minimum Wage Act, 2019 to increase the National Minimum Wage from N30,000 to N70,000.
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 said the move is a promise kept.
“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,” he said in a statement. “Tinubu promised to pay a living wage to Nigerian workers during his electioneering campaigns and he has kept that promise.”
