National Assembly to Introduce Bill Enforcing New Minimum Wage Compliance

Senator Yemi Adaramodu, Chairman of the Senate Committee on Media and Publicity, has announced that the National Assembly plans to introduce a bill mandating all 36 States of the Federation to comply with the new minimum wage law......READ THE FULL STORY>>.....READ THE FULL STORY>>

The announcement comes amid ongoing negotiations between the Federal Government and Organized Labour regarding a new minimum wage.

While the Federal Government has proposed a new minimum wage of N62,000, the Nigerian Labour Congress (NLC) and the Trade Union Congress (TUC) are advocating for N250,000.

The Nigerian Governors’ Forum has rejected the federal government’s proposal, arguing that some states might need to borrow funds to meet the N62,000 wage.

However, Senator Adaramodu emphasized that the proposed legislation would ensure strict adherence to the new minimum wage.

The bill would apply not only to the Federal Government but also to states, sub-nationals, and the private sector. Non-compliance would result in sanctions.

Senator Adaramodu assured that when the executive bill is presented, the National Assembly will ensure it is comprehensive and enforceable. The bill will be drafted with input from legislators and organized labor to make it clear and enforceable.

Asked about the speed of passing the bill, Senator Adaramodu stated that if an agreement on the minimum wage is reached, the bill could be passed within 30 minutes.

He expressed confidence that the bill would receive quick approval once an agreement is reached.

The National Assembly’s move to introduce a bill enforcing new minimum wage compliance demonstrates its commitment to ensuring that workers across the country receive fair wages.

The bill, if passed, would provide a legal framework for enforcing the new minimum wage and holding employers accountable for compliance.