National Assembly Plans To Pass New Minimum Wage Bill Amidst Labour Discussions

National Assembly Suspends Modification Of CBN Act
National Assembly Suspends Modification Of CBN Act

The Nigerian Senate has expressed its intent to fast-track the discussion and enactment of legislation concerning a new minimum wage for the country. This declaration of urgency follows the acknowledgment of the Nigeria Labour Congress (NLC) and Trade Union Congress (TUC)’s decision to suspend their nationwide strike temporarily.

Senate President Godswill Akpabio reiterated the upper legislative chamber’s commitment during a session in Abuja, stating that a swift response would support the continuation of talks between the labor unions and the Federal Government.

The Senate’s sentiments were shared following Senator Diket Plang’s motion to appeal for the halt of the NLC and TUC strike. As the chair of the Senate Committee on Labour and Employment, Senator Plang (PDP – Plateau Central) advocated for resolution through dialogue.

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National Assembly Plans To Pass New Minimum Wage Bill Amidst Labour Discussions
National Assembly Plans To Pass New Minimum Wage Bill Amidst Labour Discussions

However, upon learning that the labor unions had already put the strike on hold for a week, the motion was tabled for later discussion. Akpabio emphasized the importance of a comprehensive review, considering factors such as the payment capacity of states, local governments, the private sector, and the economic implications like potential worker retrenchment.

Reflecting on the recent N30,000 minimum wage legislation and its nationwide implementation challenges, Akpabio stressed the need for a holistic approach that acknowledges the current economic climate and avoids precipitating further financial strain on employers.

Concluding his address, Akpabio commended the NLC and TUC for their openness to dialogue and promised that the National Assembly would support the negotiations process. The Senate stands ready to play a constructive role in crafting the new legislation, ensuring that the minimum wage bill aligns with the best interests of all Nigerian stakeholders.

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