President Bola Ahmed Tinubu today signed the new National Minimum Wage Amendment bill 2024 into law.
The law which prescribes a minimum of N70,000 as monthly salary, is reviewable every three years.
President Tinubu signed the bill midway into the Federal Executive Council meeting. Head of Service said the new law will undoubtedly reassure the workers that the President cares about their welfare.
Senate President Godswill Akpabio led National Assembly leaders to the signing ceremony.
President Tinubu thanked the National Assembly for accelerating the passage of the law.