President Bola Ahmed Tinubu has signed the Minimum Wage Act Amendment Bill into law, fulfilling a campaign promise and demonstrating his commitment to Nigerian workers. Senator Basheer Lado, Special Adviser to the President on Senate Matters, issued a statement in Abuja highlighting the significance of this move. He noted that the signing of the bill reflects President Tinubu’s people-centric governance style.
“President Tinubu promised to pay a living wage to Nigerian workers during his election campaign, and he has delivered on that promise,” Senator Lado stated. “The amendment now mandates a review of the National Minimum Wage every three years, instead of five, ensuring that workers’ salaries remain adequate over time.”
Senator Lado commended President Tinubu for this achievement, which comes just over a year into his administration. He praised Nigerian workers for their resilience and contributions to nation-building, urging them to continue their dedication to effective service delivery.
The Senator also acknowledged the efforts of the Nigeria Labour Congress President, Comrade Joe Ajaero, and the Trade Union Congress President, Comrade Festus Osifo, for their role in the negotiations leading to the wage increase from N30,000 to N70,000. Additionally, he lauded the 10th National Assembly, led by Senate President Godswill Akpabio and Speaker Tajudeen Abass, for their swift passage of the Minimum Wage Bill.
The leadership of the organized Private Sector and the Nigeria Governors’ Forum also received commendations for aligning with the President’s vision for an enhanced pay package for Nigerian workers. Senator Lado assured that the empathy and care demonstrated by President Tinubu in his first year are indicative of the positive outcomes expected from his economic policies in the future.
