New Minimum Wage 2024 In Nigeria. The house of representatives on tuesday passed into law a 70,000 minimum wage following a letter from president tinubu seeking approval. Most recently, in july 2024, president bola tinubu approved a new minimum wage of n70,000 and promised to review the minimum wage law every three years moving forward.
In his democracy day speech on june 12, 2024, the president said that an executive bill on the new national minimum wage for workers would soon be sent to the. In this interview, the president of the nigeria labour congress, comrade joe ajaero, highlights the indices that will be looked at before arriving at an acceptable figure.
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