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Wednesday, January 30, 2019

House of Rep. Approves 30,000 naira as New Minimum Wage

House of Rep. Approves 30,000 naira as New Minimum Wage

House of rep approves 30,000 naira as new minimum wage

The Nigerian house of representative has approved #30,000 as the new minimum wage for all workers in the country.

The bill was passed by the lawmakers at the Tuesday plenary presided over by Speaker of the House, Yakubu Dogara. They lawmakers approved the set figure after the bill was passed for the third time on the floor of the house.

Prior to the passage of the bill, the House adopted the report of the ad-hoc committee set up to look into the bill presented to the National Assembly by President Buhari. It said it decided to adopt the report of the tripartite committee because of the obvious difficult living conditions in the country.

The lawmakers inserted a clause in the bill which makes it effective from the date it is asserted to by the President. They, however, retained the original clause in the bill which excluded employers of less than 25 people from paying the new minimum wage.  

In the face of the recent development, the bill would be sent to the Senate for concurrence.  Earlier, the lawmakers concluded debate on the 2019 Appropriation Bill, as well as read and passed it through the second reading.  

They consequently referred the bill to the House Appropriations Committee and other related sub-committees for further actions. The House then adjourned plenary till February 19, after the Presidential and National Assembly elections.
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