Minimum Wage: Senate Approves N30,000 - Liberty TV/Radio - News - Voice For All! Vision For Alll!
Editor 2
March 19, 2019
The Senate on Tuesday approved N30, 000 as the new nationalminimum wage with an appeal to the Federal Government to start theimplementation immediately to prevent the organised labour from embarking onstrike to demand the payment.
The acting Chairman of the Senate ad-hoc committee on NationalMinimum Wage Bill, Francis Alimikhena, while delivering the report also said afine of N75, 000 has been imposed on firms that refuse to comply with the wagepayment.
The panel also recommended the urgent review of therevenue-sharing formula, which will enhance the states to pay the new minimumwage.
The committee urged the Minister of Finance and her counterpartsin the Budget and National Planning to as a matter of urgency, compute andforward to the National Assembly, for inclusion in the 2019 budget, the actualamount required for the new minimum wage.