President Muhammadu Buhari on Monday received the report of the Technical Advisory Committee on the implementation of the new National Minimum Wage, at the Presidential Villa, Abuja.
Buhari had on January 9 inaugurated the advisory committee chaired by an economist and financial expert, Mr. Bismarck Rewane, where he reiterated his commitment to an upward review of the minimum wage, NAN reports.
The President had on Dec. 19, 2018, while presenting the 2019 Appropriation Bill at the joint session of the National Assembly, announced his intention to constitute the committee.
He said the committee would recommend “modalities for the implementation of the new minimum wage in such a manner as to minimize its inflationary impact as well as ensure that its introduction does not lead to job losses”.
NAN reports that the two chambers of the National Assembly have already deliberated and approved the bill on N30,000 as the new national minimum wage