Tag: minimum wage
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Presidency clears air on implementation of N30,000 minimum wage
Implementation of the N30, 000 minimum wage just signed into law by President Muhammadu Buhari takes effect from April 18, a presidential aide, Mr Ita Enang, has announced. Enang, who is Senior Special Assistant to the President on National Assembly Matters, told State House correspondents on Thursday in Abuja that the Minimum Wage Repel and…
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BREAKING: Buhari signs new national minimum wage bill into law
President Muhammadu Buhari has signed the new national minimum wage bill into law, bringing into existence a new pay structure in Nigeria. TheNewsGuru (TNG) reports the law approves the sum of N30,000 as national minimum wage for both the federal and state governments. President Buhari signed the new national minimum wage bill into law on…
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Hamonise minimum wage for quick assent – TUC tells NASS
Mr Bobboi Kaigama, the President of Trade Union Congress of Nigeria (TUC), on Monday called for quick hamonisation of the N30,000 national minimum wage bill to enable President Muhammadu Buhari assent to it. Kaigama spoke to the News Agency of Nigeria (NAN) in Lagos on the implementation of the new minimum wage. NAN reports that…
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JUST IN: Buhari receives report on Minimum Wage funding
President Muhammadu Buhari on Monday received advisory report on how to fund the newly increased workers’ minimum wage. The bill to increase the minimum wage to N30, 000 is still before the National Assembly. Buhari received the report from the Technical Committee on the Implementation of the new minimum wage at the Presidential Villa, Abuja.…
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N30k Minimum wage: Fowler denies recommending 50 per cent increase in VAT, others
The Federal Inland Revenue Service (FIRS), has dismissed media reports quoting its Chairman, Mr. Tunde Fowler, as suggesting an increase in the rate of of Value Added Tax (VAT) from five per cent to 50 per cent. Various media outlets, Tuesday, quoted Fowler as recommending a hike of that proportion during a meeting with members…
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FG states condition to pay N30,000 minimum wage
The Federal Government has said it is not opposed to payment of the newly approved N30,000:00 minimum wage as a way of improving the welfare of the ordinary Nigerian. However, the government noted that to fund the increment, it will have to increase Value Added Tax by 50 per cent. This was revealed by the…
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Breaking: Senate Approves N30k minimum wage report
The Nigerian Senate has just passed the Report of the Ad-hoc Committee on the National Minimum Wage on the National Minimum Wage Act CAP N61 LFN (repeal and re-enactment) Bill, 2019 (SB. 722). The Bill, which was laid and presented by Senator Francis Alimikhena, sets the new minimum wage at N30,000. Speaking on the passage…
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Fight governors who resist payment of N30,000 minimum wage, Falana tells labour
Human rights activist Femi Falana (SAN) has called on the organised labour to “fight” any governor who is unwilling to pay the N30,000 minimum wage. Speaking at the 12th Quadrennial National Delegates Conference of the Nigeria Labour Congress (NLC) in Abuja, Falana said the first part of the new minimum wage battle had been won;…
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Only Lagos can pay N30,000 minimum wage – Yari
…warns NASS not to pass minimum wage states can’t pay The Chairman of the Nigerian Governors Forum, Abdulaziz Yari, has warned National Assembly against passing a new National Minimum Wage that would be difficult for states to pay. Mr Yari, who is the governor of Zamfara State, issued the warning in an interview with journalists…
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30,000 too small, pay ‘living-wage’ not ‘minimum wage’ – Dogara tells FG
Speaker of the House of Representaties, Hon. Yakubu Dogara on Monday urged the Federal Goverment to pay workers a living wage and not minimum wage, while stressing that N30, 000 demanded by organised labour is too small. Dogara made the remarks during a public hearing on the minimum wage bill. His words: “While we’re not…