President Bola Tinubu officially enacted the new Minimum Wage Act into law on Monday. The signing took place at 2 PM in the Council Chamber of the Presidential Villa, Abuja.
The brief yet significant ceremony was attended by key legislative figures, including the President of the Senate, Godswill Akpabio, and Deputy Senate President, Barau Jibrin, among other dignitaries.
This legislative milestone marks a crucial step in addressing the financial well-being of workers across the nation, ensuring that minimum wage earners receive a fairer compensation reflective of the current economic conditions.
Further details on the implications and specific provisions of the new Minimum Wage Act are expected to be released shortly.
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