Bola Ahmed Tinubu, the president of Nigeria, has submitted a new bill to the National Assembly that will raise the minimum wage in the nation. The measure seeks to increase the monthly minimum wage from N30,000, or roughly $60, to N60,000, or roughly $120. Workers have been calling for a review of the current minimum wage since 2019, thus this move has been long overdue.CONTINUE FULL READING>>>>>
The proposed increase is a significant 100% rise and will have a huge impact on the lives of millions of Nigerian workers. The President’s decision to send the bill to the National Assembly shows his commitment to improving the welfare of Nigerian workers and boosting the country’s economy.
Labor leaders have welcomed the news, saying it’s a step in the right direction. However, they want the National Assembly to pass the bill quickly so that workers can start benefiting from the increase without delay.
The proposed minimum wage increase has brought hope to many Nigerian workers who are struggling with the harsh economic conditions and high cost of living in the country. Now, everyone is waiting for the National Assembly to pass the bill and implement it quickly.CONTINUE FULL READING>>>>>