The member representing Ideato North South Federal Constituency of Imo State, Hon. Ikenga Imo Ugochinyere, on Tuesday, commended Speaker Tajudeen Abbas and his Deputy, Hon Benjamin Kalu over the passage of the N70,000 new national minimum wage bill.
President Bola Tinubu transmitted the bill to the Senate and House of Representatives on Tuesday.
Both chambers passed the new Bill to empower Nigerian workers to earn at least N70,000 on a monthly basis.
The executive bill seeks to amend the minimum wage from N30,000 to N70,000 and reduce the review period from five years to three years.
Hon. Ugochinyere who’s the Chairman House Committee on Petroleum Resources Downstream, in a statement, said it’s a welcomed development with room for improvement.
He urged all stakeholders to comply, expressing optimism that it will be upwardly reviewed and improved upon, in the best interest of the citizens and in line with economic realities.
READ ALSO FROM NIGERIAN TRIBUNE
