The Federal Government has reinforced its commitment to the new N70,000 minimum wage, warning private employers that failing to comply could lead to jail time. This comes as part of the government’s efforts to ensure fair wages for workers in the face of economic challenges.
Speaking at the 13th Annual General Meeting of the Employers Association for Private Employment Agencies of Nigeria in Lagos, Kachollom Daju, Permanent Secretary of the Ministry of Labour and Employment, stressed that the N70,000 minimum wage is now law. Represented by John Nyamali, Director of Employment and Wages, Daju stated, “Any employer paying less than N70,000 is committing a crime and risks jail time. The Federal Government is dedicated to making sure that no Nigerian worker earns less than this amount.”
This new wage law, signed by President Tinubu in July 2024, applies to both public and private sectors. Private employment agencies have been instructed to ensure that all workers under their contracts receive the minimum wage after deductions.
In response, Dr. Olufemi Ogunlowo, President of the Employers Association, requested clarity on whether the N70,000 wage is based on gross or net pay, urging the government to address any ambiguities. Funmilayo Sessi, Chairperson of the Lagos State chapter of the Nigeria Labour Congress (NLC), emphasized the importance of immediate compliance, stating, “Even N70,000 isn’t enough in today’s economy, but it’s essential that private employers implement it swiftly.”
The Federal Government, along with the NLC, plans to enforce strict compliance with the new law, ensuring that private employers adhere to the minimum wage requirements or face legal consequences.
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