Only the signatures of President Bola Tinubu, assenting to it, separates Nigerian workers from earning the N70,000 minimum wage agreed between him and their representatives in the Organised Labour, last Thursday, following the passage of the bill into law by the National Assembly, on Tuesday.
Both the Senate and House of Representatives, living true to the promises of Godswill Akabio, Senate President and Tajudeen Abbas, Speaker of the House, to give it speedy consideration, after last weeks deal with the labour leaders was struck, passed the bill hours after it was presented to both chambers by Tinubu.
The upper legislative chambers of the National Assembly, was the first to pass the bill after going through the first, second and third reading, with members unanimously endorsing it as an amendment to the 2019 edition by the NASS under former President Muhammadu Buhari, Tinubu’s predecessor.
The bill, titled: Minimum Wage Act (Amendment) Bill, 2024 (SB. 550), will now be transmitted by Sani Magaji Tambawal, Clerk to the National Assembly, to President Bola Tinubu for assent into law, following its passage, a development, coming days to the planned mass protest by Nigerians, over the parlous state of economic situation in the country.
Opeyemi Bamidele, Majority Leader, of the Senate, had moved a motion for the Senate to suspend its relevant rules to enable the members to consider the Bill for Second and Third reading shortly after Tinubu’s letter was read by Akpabio, and was carried by a voice vote without a dissension, when the Senate President asked for votes.
Bamidele, who had led the debate on the general principles of the Bill, said it seeks to amend the National Minimum Wage Act, 2019 to increase the National Minimum Wage and reduce the time for periodic review from five years to three years and related matters, urging his colleagues to support the passage of the bill.
The motion was put to vote after no Senator opposed its passage, when Mohammed Tahir Monguno, Chief Whip, seconded the Bamidele’s contention, while lauding the provisions, including the reduction of the interval for periodic review of theAct from five to three years.
A similar speedy action was accorded the bill in the Green Chambers, after Abbas introduced it through Tinubu’s letter, with members, who had, earlier in the week elected to cut their salaries by half as a way of showing solidarity to suffering Nigerians, saying it was necessary to cushion the effect of the dry pockets being experienced by Nigerian workers, hard-hit by the situation.