Update: Reps approves N30,000 new National minimum wage

The House of Representatives on Tuesday approved the sum of N30,000 as the new National Minimum Wage.

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The National Council of State had approved N27,000 as National Minimum Wage, but the House of Representatives had made it N30,000.

The approval followed the adoption of the report by the ad hoc committee set up on the New Minimum Wage Bill presented to the National Assembly by President Muhammadu Buhari on Thursday.

The bill scaled the third reading on and the lawmakers unanimously approved the N30,000 recommendation by the committee in consonance with the resolution by the tripartite committee set up by the President.

It was reported that Buhari had in the executive bill sought the approval of N27,000 as against the N30,000 agreed by the stakeholders.

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