Senate approves 30, 000 as minimum wage

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Senate approves 30, 000 as minimum wage
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The House had earlier adopted the same figure.

The national minimum wage bill will become effective after the president, Muhammadu Buhari, assents to it.

The chairman of the ad-hoc committee set up to review the bill, Francis Alimikhena, presented a report on Tuesday.It also recommended that the federal government put in place a procedure to review revenue sharing formula to enhance state capabilities towards implementation of the new wage. The committee also suggested that relevant agencies should compute the cost implication of the bill on the 2019 budget and forward same to the National Assembly.The lawmakers adopted all the recommendations.The Minority Leader, Biodun Olujimi, urged the federal government to pay more attention to the revenue sharing formula to lawfully enforce compliance by state governments.It was referred to an ad-hoc committee headed by Olusola Adeyeye.

However, the committee’s chairman had to be changed last week due to his unavailability on health grounds. The House of Representatives had on January 29 approved N30, 000 as minimum wage for workers in the public and private sectors.

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