• About Us
  • Contact
  • Cookie Policy
  • Disclaimer
  • Privacy Policy
  • Editorial Charter
  • Corrections Policy
  • Sitemap
Freelanews
Advertisement
  • Home
  • News
    • Crime
  • Business
  • Brands
  • Banking
  • Opinion
  • Interview
  • Entertainment
  • Podcast
    • Àtẹ́lẹwọ́
  • Sports
  • Events
No Result
View All Result
  • Home
  • News
    • Crime
  • Business
  • Brands
  • Banking
  • Opinion
  • Interview
  • Entertainment
  • Podcast
    • Àtẹ́lẹwọ́
  • Sports
  • Events
No Result
View All Result
Freelanews
No Result
View All Result
Home Business & Finance Business Sustainability

Labour plans talks with govs as N’Assembly okays N70,000 wage

Quadri Olaitan by Quadri Olaitan
July 24, 2024
in Sustainability
0 0
0
Labour plans talks with govs as N’Assembly okays N70,000 wage

Labour unions in the country say they will schedule meetings with state governments as part of efforts to ensure that they comply with the 2024 National Minimum Wage Amendment Act Bill, which on Tuesday empowered Nigerian workers to earn at least N70,000 on a monthly basis.

The Senate on Tuesday at plenary passed the 2024 National Minimum Wage Amendment Act Bill after President Bola Tinubu had transmitted the new wage bill to both chambers of the National Assembly, seeking expeditious support of the lawmakers for its passage.

 

Also read: Hunger protests: NLC warns against clampdown

 

The Senate and House of Representatives passed the new minimum wage bill.

perfect aesthetic dental clinic perfect aesthetic dental clinic perfect aesthetic dental clinic

The bill passed the first (President Tinubu’s request), second (debate on general principles) and third readings on Tuesday — all within an hour — in the upper and lower legislative chambers.

The new bill replaces the National Minimum Wage Act, No. 8, 2019 which approved N30,000 minimum wage with five years to negotiate a new wage. The new wage review period has now been reduced to three years following Tuesday’s legislation.

While leading a debate on the bill, Opeyemi Bamidele, Majority Leader of the Senate, said N70,000 was agreed upon by all the parties after negotiations.

“This is part of the Federal Government’s short term measure to mitigate the situation in the country,” Bamidele said.

Chief Whip of the Senate, Tahir Monguno, said there was the need to review the minimum wage to align with economic realities.

“The review of the minimum wage used to be after every five years. It is now every three years,” Monguno said.

No Senator opposed the Bill during its consideration by the Committee of the Whole.

The Senators also unanimously approved that the Bill be read for the third time and passed when it was put to voice vote by Senate President Godswill Akpabio.

The legislation gives legal backing to the N70,000 minimum wage recently approved by the President after weeks of a face-off with labour unions over a new minimum wage.

The Nigeria Labour Congress and the Trade Union Congress had both threatened a nationwide strike in the event of the failure of the Federal Government to approve a new wage for workers.

The NLC and TUC proposed N494,000 as the new monthly national minimum wage, citing inflation and the prevailing economic hardship in the country.

The unions in several statements lamented the hardship in the country, fueled by the removal of subsidy from the Premium Motor Spirit, also known as petrol, and the rising cost of goods and services.

But the unions later reduced the amount to N250,000 after several meetings with the Presidency.

On June 7, the Federal Government increased its offer for the new minimum wage for workers from N60,000 to N62,000 but the unions insisted on N250,000.

On July 11, the labour leaders again met with President Tinubu at the Presidential Villa over the new minimum wage before eventually accepting N70,000 as the new minimum wage for workers last week.

At Tuesday’s plenary, the bill was speedily passed through the first and second reading stages, leading to the consideration of the report and final passage to pave the way for the immediate implementation of the new minimum wage.

After the bill passage on Tuesday, the Trade Union Congress warned states against delay in the implementation of the new minimum wage. The TUC noted that no delay should be allowed due to the biting economic conditions in the country.

The National Vice President, TUC, Tommy Etim, made this known in an interview with our correspondent.

Etim said, “We are happy that the Senate was able to pass the National Minimum Wage Bill promptly. It’s now for the President to sign it into law and for the implementation to commence immediately.

“Moreover, the states should not delay in the implementation because of the socioeconomic challenges and the need to address hunger in the land.”

The NLC also urged state governments to replicate the move by the Federal Government to hastily pass the new minimum wage bill into law. The Congress also advised states to implement the new minimum wage to the letter.

“We are delighted by the gesture of the Senate because it suggests sensitivity to the plight of our members. The 2019 law expired in April 2024. This means we are already in arrears. The states should not only obey the law to the hilt but timeously too,” the Head of Public Relations of the NLC, Benson Upah, told one of our correspondents in Abuja.

Ekiti, Osun pledge to pay

Meanwhile, The Kwara State Governor, Mallam AbdulRaman AbdulRazaq, on Tuesday forwarded a bill seeking the revised Supplementary Budget of the state by N201bn to the State House of Assembly for approval, as states begin moves to pay the new wage.

Though, the Governor did not state the reason for the budget in his letter to the Assembly, it was learnt it might not be unconnected with the recent enaqctment of the new wage bill.

In the letter, which was read at plenary by the Speaker, Yakubu Danladi-Salihu, the Governor sought consideration and approval for the 2024 Revised/Supplementary Estimate.

The Speaker stated, “The total budget size after review is now N493,449,372,429.00 as against the 2024 approved estimates of N292,741,292,132.30, representing 69 per cent increase.

“The bill, however, passed through first reading and thereafter the Clerk of the House was directed to circulate clean copies of the bill to the Honourable members and the bill was referred to the House Committee on Rules and Business to slate it for second reading at the next legislative day.”

Ekiti State Governor, Biodun Oyebanji, on Tuesday assured workers in the state that he would not disappoint them on the new minimum wage for workers.

Oyebanji, who spoke in Ado Ekiti, the Ekiti State capital, during the presentation of N1bn gratuity cheques to retirees, expressed hope that he would offset all outstanding pension arrears before the end of the year.

The governor said, “On minimum wage, once it becomes law, when the President signs it into law, all will be well. The only thing I know, I am here to serve you. Let us wait, at the appropriate time, all will be well. One thing I know is that I am not going to disappoint you.”

Also, Osun State Commissioner for Information and Public Enlightenment, Kolapo Alimi, said the state government would pay the new minimum wage, adding that the welfare of workers remained a priority of the present administration.

Alimi, who admitted that the new wage would strain the state’s finances, added that since the FG’s decision to pay the N70,000 minimum wage to workers was backed by law, Osun would not be found wanting.

“We will pay, but if the Federal Government is willing to give us more money, we will definitely be interested in collecting it. It is a question of law. Once they say an amount is the minimum wage and it is backed up by law, it is not negotiable.

“In Osun, the number one in the five-point agenda of the governor is workers’ welfare. If we can be paying arrears of salaries and pensions, we are going to pay the minimum wage. It is an obligation. I told you before now that whatever agreed upon as minimum wage, Osun will not be found wanting. It’s an additional burden but that notwithstanding, our government is committed to the welfare of the workers. We are going to pay,” Alimi said.

Quadri Olaitan
Quadri Olaitan

Quadri Olaitan is a journalist and contributor to Freelanews.com, covering news, public affairs, and human-interest stories.

Related Posts

Aliko Dangote targets global fertiliser dominance
Business

Aliko Dangote targets global fertiliser dominance by 2026

by Peculiar Adirika
September 17, 2025
e5434e96 1585859783480 1585859782385 1585859781254 1585859758144 cacovid logo e1586015301520
Sustainability

Private Sector Coalition delivers Isolation centre to Kano

by Freelanews
May 12, 2020
Naira Depreciation in March 2025
Sustainability

Naira faces steep depreciation amid growing demand, global market pressure

by Quadri Olaitan
April 8, 2025
wildlife disease surveillance guidelines
Environment

Updated guidelines for wildlife disease surveillance released

by Rtn. Victor Ojelabi
October 4, 2024
Malam Muhammad Musa Bello FCT Minister
Sustainability

‘For humanity’ Bizman constructs access road for FCT community

by Freelanews
May 1, 2020

Leave a ReplyCancel reply

UBA bank ad UBA bank ad UBA bank ad

Recent News

Court

Court upholds dismissal of Mo Abudu’s libel suit, reinforces defamation proof rules

July 9, 2026
Peller

Peller opens up on four days without food in police cell

July 9, 2026
Ex-CCT

Ex-CCT chairman arraigned, remanded over alleged corruption

July 9, 2026
Wike

‘One minister they won’t like is me,’ Wike says

July 9, 2026
  • Trending
  • Comments
  • Latest
N250k signature

Abiodun vs Amosun: N250k signature plot deepens Ogun political crisis ahead Tinubu visit

April 3, 2026
Omoge Saida

Omoge Saida sparks Nigerian social media over leaked video

October 28, 2025
james akaie

Nollywood SFX makeup artist James Akaie allegedly dies after explosion on Abeokuta movie set

January 13, 2026
Political persecution in Ogun State

Political persecution in Ogun State: Abiodun moves against Otunba Gbenga Daniel with demolition threats again

August 9, 2025
amoke

‘Meals by Amoke’ We serve traditional dishes in a modern way, Bukoye Fasola reveals

19
Image 2024 03 26 at 120645 AM jpeg

Charles Inojie, Ali Nuhu call on communities to #MakeWeHalla against domestic violence

11
Meran Primary Health Centre Lagos father Meran hospital

Lagos father shares heartbreaking experience at Meran Primary Health Centre (Photos)

4
fls2

‘Disarticulated system’ Gov’t confused about Nigerian education, expert laments

3
Court

Court upholds dismissal of Mo Abudu’s libel suit, reinforces defamation proof rules

July 9, 2026
Peller

Peller opens up on four days without food in police cell

July 9, 2026
Ex-CCT

Ex-CCT chairman arraigned, remanded over alleged corruption

July 9, 2026
Wike

‘One minister they won’t like is me,’ Wike says

July 9, 2026
ADVERTISEMENT
July 2026
SMTWTFS
 1234
567891011
12131415161718
19202122232425
262728293031 
« Jun    
Freelanews

Freelanews is a Nigerian digital news platform that delivers timely, credible, and engaging stories across politics, business, entertainment, lifestyle, and the creative industry, with a strong focus on promoting innovation, integrity, and inclusivity in storytelling.

Today’s Popular

  • Bandits

    Bandits threatened to kill Oyo pupils If troops advanced, says minister

    0 shares
    Share 0 Tweet 0
  • Atrium Homes CEO, Rtn. Olatunji-Audu, talks service, property

    0 shares
    Share 0 Tweet 0
  • Court upholds dismissal of Mo Abudu’s libel suit, reinforces defamation proof rules

    0 shares
    Share 0 Tweet 0
  • Who is Rotarian Victor Ojelabi?

    0 shares
    Share 0 Tweet 0

Just Published!

Court

Court upholds dismissal of Mo Abudu’s libel suit, reinforces defamation proof rules

July 9, 2026
Peller

Peller opens up on four days without food in police cell

July 9, 2026
Ex-CCT

Ex-CCT chairman arraigned, remanded over alleged corruption

July 9, 2026
Wike

‘One minister they won’t like is me,’ Wike says

July 9, 2026
Adeleke University

Engineer Bello pledges stronger industry-academia partnership at Adeleke University

July 9, 2026
No Result
View All Result
  • About Us
  • Contact
  • Advertisement
  • Editorial Charter
  • Corrections Policy
  • Sitemap

© 2025 Freelanews | by Iretura.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • Home
  • News
    • Crime
  • Business
  • Brands
  • Banking
  • Opinion
  • Interview
  • Entertainment
  • Podcast
    • Àtẹ́lẹwọ́
  • Sports
  • Events

© 2025 Freelanews | by Iretura.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.