President Muhammad Buhari last week Thursday signed the national minimum wage bill into law. The bill became law after the National Assembly unanimously agreed with the amount and passed it.
Mr President last year constituted a tripartite committee consisting of the Nigeria Labour Congress, organised private sector and government representatives and charged it with the responsibility of working out acceptable national minimum wage. After series of consultations, the committee recommended N30,000 as the new minimum wage. The national minimum wage by law is reviewed every five years to reflect the economic reality of the country.
The last time salary was reviewed and increased to 18,000 was in 2011.With the increased pump price of petrol in 2015 which led to a raise in the price of good and services, Nigerian workers have been groaning.
