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29 Jul 2024Event

New national minimum wage signed

Tinubu signed the new National Minimum Wage Act setting the wage at N70,000 after negotiations with labor.

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29 Jul 2024

New national minimum wage signed

Tinubu signed the new National Minimum Wage Act setting the wage at N70,000 after negotiations with labor.

1000reasons.voteEditorial timeline entry

What happened

Tinubu signed the new National Minimum Wage Act setting the wage at N70,000 after negotiations with labor. The law responded to cost-of-living pressure after subsidy and FX reforms.

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