Senate passes N70,000 (seventy thousand Naira) National Minimum Wage Bill into law as requested by President Tinubu.
The Senate, on Tuesday, passed into law the bills for the N70,000 national minimum wage and the review to three years instead of previous five years.
The lawmakers granted expeditious consideration to the bill transmitted tuesday, as it passes first, second and third reading, and subsequently passed into law.
Senate also approved the national minimum wage review period from five to three years.
The new minimum wage is expected to take effect from April 2024, meaning workers will be paid arrears of their increase from this period.
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