President Tinubu signs new minimum wage bill into law

President Bola Tinubu has just signed the national minimum wage bill into law.

The President signed the Bill midway into the Federal Executive Council (FEC) meeting on Monday.

The bill was signed in the presence of the Deputy Senate President and relevant National Assembly members, as well as members of the Federal Executive Council.

The law is reviewable every three years.

It would be recalled that the federal government and the organized labour reached an agreement of ₦70,000 as the new national minimum wage.

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