Connect with us

Hi, what are you looking for?

NigerianEyeNewsPaperNigerianEyeNewsPaper

Economy

Senate Pledges Swift Passage of New Minimum Wage Bill

The Nigerian Senate has assured that it will give speedy consideration and passage to the proposed new minimum wage bill by President Bola Tinubu. The President had announced that an executive bill on the new minimum wage would soon be sent to the National Assembly.

Senator Yemi Adaramodu, spokesperson for the Senate, assured that the bill would be treated with urgency and importance. He stated that the bill would not be delayed, emphasizing that it would undergo the necessary legislative processes before passage.

Adaramodu expressed confidence that the bill would receive swift consideration, stating that “it’s going to be dealt with, with the speed of lightning.” He added that the Senate would ensure that Nigerian workers receive a fair deal.

The Senate spokesperson emphasized that the bill would go through the necessary processes, including debate and review, to ensure that it is thoroughly scrutinized before passage. He noted that the agreement between Labour, government, and the organized private sector would facilitate a smooth passage process.

When asked about the concerns of state governments regarding their ability to pay the proposed N62,000 minimum wage, Adaramodu noted that all stakeholders, including state executives, federal executives, and local government executives, would reach an agreement on the figure. He expressed optimism that the agreed-upon figure would be accepted by all parties involved.

Adaramodu explained that the executive bill would involve all levels of government, ensuring a unified agreement on the minimum wage. He assured that the Senate would not rush the process, but would rather ensure that the bill is thoroughly reviewed and passed into law to benefit Nigerian workers.

With the promise of swift passage, Nigerian workers may soon receive a new minimum wage that reflects the country’s economic reality. The Senate’s commitment to speedy consideration and passage is a positive development for workers who have been advocating for a higher minimum wage. As the bill goes through the legislative process, it is expected that all stakeholders will work together to ensure a fair deal for Nigerian workers.

 

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

Sports

Two weeks after her death, the loss of former Super Falcons star Ifeanyi Chiejine at the young age of 36 continues to baffle, both...

Outside Africa

“The loss of Hamza bin Ladin not only deprives al-Qa’ida of important leadership skills and the symbolic connection to his father, but undermines important...

Health

Gilead’s antiviral drug remdesivir has been authorized by US regulators for emergency use on coronavirus patients, President Donald Trump announced Friday. US medical officials...

Entertainment News

Fans of Adele were in for a surprise when the singer shared a birthday photo of herself, revealing the results of her recent weight...

Copyright © 2023 NigerianEyeNewsPaper.Com. Design by Weforce Digital Technologies