FG to Review Minimum Wage in Less than Two Years – Minister The Minister of State for Labour and Employment, Nkeiruka Onyejeocha, says the new minimum wage will be reviewed in less than two years from now. Onyejeocha said this on Thursday in Umuahia, while addressing...

Taiwo Oyedele, Chairman of the Presidential Advisory Committee on Fiscal Policy and Tax Reform, has clarified that individuals earning N1.7 million or less a month will see a reduction in Pay As You Earn (PAYE) taxes under the proposed Tax Amendment Bills, contrary to some speculations. 

Wike Okays N70,000 Minimum Wage for FCT Workers   The Minister of the Federal Capital Territory, Nyesom Wike, has approved the immediate payment of N70,000, the new minimum wage for all administration staff. This was contained in a statement signed by the Press Secretary to the Head...

Minimum Wage: FG, Trade Unions Agree on Consequential Salary Adjustments The Committee on Consequential Adjustment in Salaries Arising from the National Minimum Wage Act, 2024, has reached an agreement on the consequential salary adjustments for public sector employees. The Committee, formed a week ago, has finalised...

Minimum Wage: Tinubu Signs Bill Into Law President Bola Tinubu has signed the new National Minimum Wage (Amendment) Bill 2024 into law which is reviewable every three years. President Tinubu signed the Bill midway into the Federal Executive Council (FEC) meeting on Monday. Senate President Godswill Akpabio...

Senate Passes N70,000 Minimum Wage Bill for Workers The Senate passed a Bill on Tuesday, July 23, amending the National Minimum Wage Act to increase the minimum wage from N30,000 to N70,000 after the first, second, and third readings. By this development, the bill will now...