Economy And Business

BREAKING: FG Announces Month To Commence New Minimum Wage Payment

“When signed into law, the new minimum wage is expected to take effect from April 2024, meaning workers will be paid arrears of their increase from this period,” he wrote.

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FG has announced the month to commence a new minimum wage payment.

 

NewsOnline Nigeria reports that the presidency has confirmed that the new national minimum wage is expected to take effect in April 2024.

 

The Special Assistant to President Bola Tinubu on Social Media, Dada Olusegun, who confirmed this in a post via X on Tuesday, added that workers will be paid arrears of their increase from this period.

 

ALSO: Senate Speedily Passes N70k National Minimum Wage Bill into Law

 

Olusegun gave the update while confirming that President Bola Tinubu has written to the National Assembly, seeking their approval for the new National Minimum Wage bill.

 

“President Bola Tinubu has written to the House of Representatives, sending the National Minimum Wage Bill to them for consideration.

 

“When signed into law, the new minimum wage is expected to take effect from April 2024, meaning workers will be paid arrears of their increase from this period,” he wrote.

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Adebimpe Ogunṣuyi

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