By SIX THINGS TO NOTE ABOUT NEWLY SIGNED N30,000 MINIMUM WAGE.
The Minimum Wage Repeal and Re-enactment Bill, 2019 was on Thursday, 18th April, 2019 signed into law by President Muhammadu Buhari.
Here are six things to note about the bill:
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1 – It makes it compulsory for all employers of labour in Nigeria to pay their workers the sum of N30, 000.
2 – The effective date is today, April 18, 2019 as the President has assented to; it has been assented to and it takes effect today except for such other provision as are contained in the Act.”
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3 – The minimum wage Act excludes
– persons who are employing less than 25 workers;
– persons who work in a ship which sail out of jurisdiction;
– persons who are in other kinds of regulated employments.
4 – It also gives the workers the right if you are compelled by any circumstance to accept a salary that is less than 30,000, for you to sue your employers to recover the balance.
5 – The Act also ensured and mandated the National Salaries, Incomes and Wages Commission and the Minister of Labour to be the chief and principal enforcers of the provisions of the Act.
6 – The enforcement and the right to start the implementation of the provisions of the Act, including such steps that would be taken gradually under the law, commenced immediately.
