• Friday, November 22, 2024
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BusinessDay

Tinubu signs Minimum Wage Bill into law

Tinubu’s independence day speech: Promises of reform, but execution remains key

President Bola Tinubu on Monday, signed the National Minimum Wage Bill into law.

The bill was signed in the presence of the leadership of the National Assembly who joined the meeting of the Federal Executive Council FEC, presided over by President Bola Tinubu.

BusinessDay recalls that this will be the first time that leadership of the legislature will join the meeting of the Federal Executive Council FEC.

Read also: Minimum wage, under-pressure governors, and the ‘Ides of August’

GodsWill Akpabio, the Senate President, led the NASS leadership, comprising Tajudeen Abbas and other top members.

The meeting, according to sources close to the Cabinet Office may not be unconnected to efforts to tackle proposed protests.

A source close to the meeting told BusinessDay that the invitation to the NASS leadership which arrived at about 1.30pm, was impromptu.

“Their invitation was impromptu because they were not part of our agenda”.

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