The 70,000 Minimum Wage bill was submitted to the House of Representatives by President Bola Ahmed Tinubu on Wednesday for review and eventual enactment. After extensive talks, the federal government, organized labor, and the organized private sector decided to legalize the N70,000 that was just reached. A new national minimum wage and the legislative framework for putting the agreed wage into effect are outlined in the letter from the President that Speaker Rep. Tajudeen Abbas read aloud on the House floor.
