Senator seeks immediate review of allocation formula to implement minimum wage

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Senator seeks immediate review of allocation formula to implement minimum wage
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The Senator representing Lagos West, Solomon Adeola, on Wednesday said the Revenue Allocation Formula should be reviewed by the Revenue Mobilisation

and Fiscal Commission to pave way for effective implementing of the recommended N30, 000 minimum wage across all tiers of government.

The Senator, who supported the recommended N30, 000 contained in the National Minimum Wage Bill, noted the law when passed must be implemented by all the three tiers of government. “It is in this wise that I call on the Revenue Mobilisation and Fiscal Commission to begin a process that will lead to the review of the Revenue Allocation Formula for all tiers of government to be able to pay the minimum wage when passed into law”.

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