President Buhari signs new minimum wage bill

President Muhammadu Buhari has signed the bill approving N30,000 as the new national minimum wage into law.

The Act makes it compulsory for all employers across the country to pay workers a minimum of N30,000. It was assented to by the President on Thursday in Abuja, the nation’s capital.

State governors had opposed the N30,000 minimum wage. Many of them saying they will be unable to pay their workers N30,000.

Mr Buhari’s aide on National Assembly Matters (Senate), Ita Enang, told journalists that the president has signed the minimum wage bill into law.

Mr Enang, who briefed State House correspondents after meeting Mr Buhari , said the new law has N30,000 as minimum wage for Nigerian workers.

He also pointed out that implementation of the new law starts immediately.

Mr Enang said the signing of the bill into law now. “makes it compulsory for all employers of labor in Nigeria to pay their workers the sum of N30,000.”

The presidential aide however, said employers with less than 25 workers are excluded from paying the new wage. He said workers of “a ship which sails out of the country and other persons who are in other kinds of regulated employment which are accepted by the act” are also excluded from the new wage.

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