Nigeria: Beyond the New Minimum Wage Act

July 31, 2024
[Daily Trust] It is quite a relief that Nigeria now has a new minimum wage of N70, 000 per month after a long-drawn battle and the assent to the bill by President Bola Tinubu. Significantly, the new law came with a provision that the minimum wage is subject to a review every three years in line with economic realities.

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