The House of Representatives in Nigeria has passed a significant bill to raise the minimum wage from N30,000 to N70,000. This legislative change follows a proposal by President Bola Tinubu, who emphasized the necessity of this adjustment in a letter presented at a plenary session by Speaker Hon. Abbas Tajudeen.
The new bill not only increases the minimum wage but also shortens the interval for reviewing the minimum wage from five years to three. This aligns with President Tinubu’s commitment to more frequent evaluations, as expressed in his discussions with organized labor leaders.
The passage of the bill was swift, encompassing the second reading, committee consideration, and final approval during the same plenary session. This quick progression underscores the urgency attributed to the bill, ensuring that Nigerian workers benefit from the increased wage without delay.
In addition to the minimum wage bill, the House also approved an amendment to the Police Act. The amendment introduces a new subsection, 8A, ensuring that the term of the Inspector-General of Police is maintained as specified in the appointment letter, adhering to the provisions of Section 7(6) of the Act. This adjustment aims to provide clarity and stability within the leadership of the Nigerian Police Force.