BREAKING: N30,000 new minimum wage approved by Senate.

Senate Panel on New National Minimum wage has approved new minimum wage bill of N30,000 monthly for workers.

According to the Panel, failure to comply with the resolution of the Panel will attract N75,000 penalty.

This was made known by Senator Shehu Sani who is also part of the adhoc Committee that considered new minimum wage bill.

Meanwhile, The House of Representatives has approved the sum of N30,000 as the new national minimum wage in January.

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

Dogara said, “Today, we passed the new national minimum wage Bill 2019 in keeping with our commitment to improve the welfare of the Nigerian workers.

“The Bill was given speedy and accelerated passage in just two legislative days as a House of the Nigerian people.”

The ad hoc committee had recommended and adopted N30,000 minimum wage.

According to the bill, any employer who fails to comply shall be liable to a fine not exceeding five per cent of the offenders’ monthly wage.

The House resolved in the Committee of the Whole to consider the report. It resumed with the synopsis of the bill.

According to the chairman of the Committee, Mr. Yussuff Lasun, the bill did not cover employers whose staff strength is below 25.

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