National Assembly Passes ₦70,000 Minimum Wage Bill
The Senate and House of Representatives have passed the National Minimum Wage Act 2019 (Amendment Bill).
The bill, which went through second and third readings in both legislative chambers of the National Assembly within minutes of being transmitted by President Bola Tinubu, was approved separately by the Senate and the House of Representatives on Tuesday.
After a unanimous vote after a clause-by-clause consideration in the Committee of the Whole, the National Minimum Wage Bill passed its third reading and was approved by the Senate.
The House of Representatives also passed the bill immediately, mirroring the Senate’s actions.
President Bola Ahmed Tinubu is expected to sign the bill into law.
Earlier, the President transmitted the National Minimum Wage Bill to the National Assembly for consideration and passage.
He separately wrote to the Senate and the House of Representatives, requesting prompt consideration of the bill to amend the National Minimum Wage Act 2019, increasing the National Minimum Wage from ₦30,000 to ₦70,000.
Additionally, the President requested lawmakers to reduce the period for periodic review of the national minimum wage from five years to three years, addressing related matters in the process.
