Reps Move to review minimum wage every 5years
Posted by Factnews | 7 years ago | 2,211 times
The House of Representatives, Tuesday, moved the process of making the review of the national minimum wage, a periodic exercise of every five years.
The bill to amend the National Minimum Wage Act has since passed through second reading.
House Majority Leader, Femi Gbajabiamila (APC, Lagos) led the debate on the general principles of the bill during plenary.
Gbajabiamila explained that salary is a major component of workers’ welfare and there was a need to review it periodically.
“The minimum wage shall be subject to periodic review every five years and the first review shall be effective from January 1, 2017 irrespective of the day the bill comes into force,” he said. (Dailypost)
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