President Muhammadu Buhari has signed the new national minimum wage bill into law, bringing into existence a new pay structure in Nigeria.
Newsclickng.com 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 Thursday, a presidential source confirmed in Abuja.
Senior Special Assistant to the President on National Assembly (Senate), Sen. Ita Enang, confirmed this development when he briefed State House correspondents in Abuja on Thursday.
President Buhari had in January sought the approval of N27,000 as against the N30,000 agreed upon by stakeholders.
However, the Senate and the House of Representatives approved the sum of N30,000 as the new national minimum wage.
Enang stated that signing of the new minimum wage by the president had made compulsory by employers of labour to pay the N30,000 as minimum wage.
