The newly approved minimum wage is applicable to all workers in both the public and private sectors, including maids and other domestic staff, according to an announcement made by the President of the Senate, Godswill Akpabio.
During the plenary session that took place on Tuesday, Akpabio made this statement.
The law was swiftly approved by both houses of the National Assembly shortly after President Bola Tinubu sent it to them for consideration.
While addressing the entire assembly, the President of the Senate made the following statement: “If you are a tailor and you employ additional hands, you cannot pay them less than N70,000.” If you are a mother who has recently given birth to a child and you are interested in hiring a housemaid to take care of your child, you are not permitted to pay the individual less than the state-approved minimum wage. There is no upper limit to the wage. It is applicable to everyone and everyone.
If you hire a driver or gateman, you are not allowed to pay them less than N70,000 every month. As a result, I am overjoyed that this has been approved, and we are now looking forward to the employers of labour making improvements to what has been established as a standard for everyone to follow.
In light of the rising cost of living, I would like to extend my congratulations to the Nigeria Labour Congress, as well as to all Nigerians and the National Assembly, for the passage of this precedent-setting legislation. This legislation has even decreased the duration of negotiations from five years to three years. Once again, this is a milestone piece of law, therefore congratulations are in order.
However, he decided to postpone the meeting until September 17th.
After President Bola Tinubu had sent the new wage bill to both chambers of the National Assembly, asking swift support from the lawmakers for its passage, the Senate reportedly passed the 2024 National Minimum Wage Amendment Act Bill. This announcement came after President Tinubu had sent the bill to both chambers.
The National Minimum pay Act, No. 8, 2019, which approved a minimum pay of N30,000 with five years to negotiate a new wage, has been replaced by the new bill. As a result of the law that was passed on Tuesday, the new wage review term has been shortened significantly to three years.
During the course of a discussion on the bill, the Majority Leader of the Senate, Opeyemi Bamidele, stated that after going through talks, all of the parties had reached a consensus on a price of N70,000.
Bamidele stated that this is a short-term solution taken by the Federal Government in order to alleviate the situation that is currently occurring in the country.
