President Muhamamdu Buhari on Monday received the report of the
Technical Advisory Committee on the implementation of the new National
Minimum Wage at the Presidential Villa, Abuja.
Technical Advisory Committee on the implementation of the new National
Minimum Wage at the Presidential Villa, Abuja.
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| President Muhamamdu Buhari |
President Buhari had on Jan. 9 inaugurated the advisory committee
chaired by an economist and financial expert, Mr Bismarck Rewane, where
he reiterated his commitment to an upward review of the minimum wage.
chaired by an economist and financial expert, Mr Bismarck Rewane, where
he reiterated his commitment to an upward review of the minimum wage.
The president had on Dec. 19, 2018 while presenting the 2019
Appropriation Bill at the joint session of the National Assembly
announced his intention to constitute the committee.
Appropriation Bill at the joint session of the National Assembly
announced his intention to constitute the committee.
He said the committee would recommend “modalities for the
implementation of the new minimum wage in such a manner as to minimise
its inflationary impact as well as ensure that its introduction does not
lead to job losses’’.
implementation of the new minimum wage in such a manner as to minimise
its inflationary impact as well as ensure that its introduction does not
lead to job losses’’.
The two chambers of the National Assembly had
deliberated and approved the bill on N30,000 as new national minimum
wage.
deliberated and approved the bill on N30,000 as new national minimum
wage.
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