Tag: New Minimum Wage

“New N70,000 Minimum Wage now applies to maids, drivers, others” – Senate President?

Aminu Imam
Senate President Akpabio

Senate President, Godswill Akpabio, has announced that the newly approved minimum wage now applies to all workers across both public and private sectors, including maids and other domestic staff. The Bill was speedily passed by both chambers of the National Assembly just after it was transmitted by President Bola Tinubu. Speaking during the plenary on Tuesday, the Senate President said, “If you are a tailor and you employ additional hands, you cannot pay them below N70,000. If you are a mother with a newborn child and you want to hire…

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New Minimum Wage: Mass retrenchment looms, as OPS reject N70,000

Aminu Imam
OPS on minimum wage

There is a high possibility of massive job losses within the Organised Private Sector, (OPS), should employers of Labour be compelled to comply with the upward review of the national minimum wage to N70, 000. Recall that on Thursday, President Bola Tinubu, and the Organised Labour, comprising the Nigeria Labour Congress (NLC) and the Trade Union Congress (TUC), led by their presidents, Joe Ajaero and Festus Osifo respectively, agreed to N70,000, as the new minimum wage during their meeting at the Presidential Villa, Abuja. The National Assembly is scheduled to…

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