New minimum wage: Buhari urges private sector not to retrench workers

New minimum wage: Buhari urges private sector not to retrench workers

- President Muhammadu Buhari has urged organised private sector not to allow N30,000 minimum wage lead to retrenchment of workers

- President Buhari says he is committed to ensure the payment of a new national minimum wage

- Recall that the House of Representatives passed the national minimum wage after receiving it from President Buhari

The organised private sector has been urged by President Muhammadu Buhari not to retrench their workers in a bid to pay the new N30,000 national minimum wage.

President Buhari made the plea when he addressed Lagos business community on the sideline of the ongoing All Progressives Congress (APC), Vanguard reports. gathers that Buhari also assured Nigerian workers that he was committed to ensure the payment of a new national minimum wage to better the lives of the people.

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He said he would continue to stand firm with the workers on the implementation of a new minimum wage.

Meanwhile, previously reported that the national minimum wage bill was passed by the House of Representatives after considering the report of its ad hoc committee during plenary on Tuesday, January 29.

President Muhammadu Buhari sent the wage bill for consideration following its approval by the national council of state, which approved N27,000 while the federal government said it would increase it to N30,000 for its workers.

On plenary on Tuesday, January 29, House of Representative members approved N30,000 for both federal and state workers, the amount which had earlier been recommended by the tripartite committee.

According to the lawmakers, the bill will be effective the day it is assented to by President Buhari.

On Monday, January 28, the National Assembly held public hearing on the new minimum wage bill.

Members of both Senate and House of Representatives were present as well as Chris Ngige, the minister of labour and employment, and Zainab Ahmed, the minister of finance.

In another previous report by, the Gombe council of the Nigeria Labour Congress (NLC) advised against the politicisation of the proposed N30,000 national minimum wage.

Ifeanyi Okechukwu, chairman of the congress in the state, made the call in Awka on Tuesday, January 8.

Okechukwu said President Buhari should not bother himself with the position of the governors but demonstrate the positive disposition of the federal government to workers’ welfare by approving the agreement.

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He said if the proposal was transmitted to the National Assembly and passed, the labour movement across the country would make the governors to comply.

Okechuwkwu said: “The president should be concerned with the passage and his assent to the new wage bill and not to delay over comments by state governors." ( -> We have updated to serve you better

Minimum Wage: Is N30,000 Too Much for FG to Pay Workers? - Nigeria Street Gist | Legit TV


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