Surprise! Buhari Signs Minimum Wage Into Law
Nigeria's President Muhammadu Buhari has signed into law with immediate effect, the new monthly minimum wage of N30,000 (U.S.$83,31) for the least paid employee in the country, surprising workers who wanted the implementation date to be May 1, 2019.
The government appears to be in a dilemma on how to source funds to pay the new U.S.$83 (N30,000) minimum wage to workers. This development is generating tension as the government ... Read more »
The government says it is considering a 50% increase in Value Added Tax (VAT) to be able to pay the new national minimum wage. The Senate has approved U.S.$83 (N30,000) as the new ... Read more »
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