NASS Speedily Passes ₦70,000 National Minimum Wage Bill

NASS has speedily passed the N70,000 national minimum wage bill into law.

Glamtush reports that the Senate and the House of Representatives on Tuesday speedily passed the National Minimum Wage Act 2019 (Amendment Bill).

This online news platform understands that the bill, which scaled second and third readings at both legislative chambers in the National Assembly, just minutes after it was transmitted by President Bola Tinubu, was instantly passed separately by the red and green chambers.

In a unanimous vote after a clause consideration in the Committee of the Whole, the National Minimum Wage Bill scaled third reading and was passed at the Senate.

The House also passed the bill immediately just like the Senate.

President Tinubu is expected to sign the bill into law.

Earlier, the President transmitted the National Minimum Wage Bill to the National Assembly for consideration and passage.

The President separately wrote the Senate and the House of Representatives requesting expeditious consideration of a bill for an Act to amend the National Minimum Wage Act, 2019 to increase the National Minimum Wage from ₦30,000  to ₦70,000.

The President also asked the lawmakers to reduce the time for periodic review of the national minimum wage from five years to three years and related matters.

Last Thursday, Tinubu and the leadership of the Organised Labour agreed on ₦70,000 as the new minimum wage for Nigerian workers.