President Bola Tinubu Has Signed The 70 Thousand Naira New Minimum Wage Bill Into Law.
Tinubu, Who Presided Over The Federal Executive Council, FEC, Meeting, At The Council Chamber In The State House, Abuja Signed The 70,000 Naira The New Minimum Wage Into Law.
Naijanewsbox Reported That The Brief Ceremony Was Witnessed By The President Of The Senate, Godswill Akpabio And Deputy Senate President, Barau Jibrin, Among Others.
Recall That The Tripartite Committee Had Submitted Two Figures In Its Report To The President As A Result Of Disagreement Among The Government, The Private Sector And Organized Labour.
While The Government And The Private Sector Offered N62,000, Organized Labour Demanded N250,000.
Speaking To State House Correspondents After The Meeting With The President, The Minister Of Information And National Orientation, Mohammed Idris, Said President Tinubu Agreed To Pay N70,000 From The Initial Offer Of 62,000 Naira.
