BREAKING: Presidency Confirms When Minimum Wage Will Take Effect

The presidency has confirmed that the new national minimum wage is expected to take effect from April 2024. The Special Assistant to President Bola Tinubu on Social Media, Dada Olusegun, who confirmed this in a post via X on Tuesday, added that workers will be paid arrears of their increase from this period......Read The Full Article>>.....Read The Full Article>>

Olusegun gave the update while confirming that President Bola Tinubu has written to the National Assembly, seeking their approval for the new National Minimum Wage bill.

“President Bola Tinubu has written to the House of Representatives, sending the National Minimum Wage Bill to them for consideration.

“When signed into law, the new minimum wage is expected to take effect from April 2024, meaning workers will be paid arrears of their increase from this period,” he wrote.

It was earlier reported that President Tinubu has sent the new national minimum wage bill to the National Assembly for consideration and approval.

The President’s letter, conveying his request to the lawmakers, was read during the plenary of the House of Representatives on Tuesday. A similar letter to the Senate was also read on the floor of the upper chamber.

The President’s letter to the National Assembly follows his earlier approval of a new minimum wage of ₦70,000 for Nigerian workers last week.

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