Connect with us

Hi, what are you looking for?

Politics

Private Employers Paying Below N70,000 Risk Jail – FG

Tinubu

Federal government has said that private employers who pay their workers less than the new minimum wage of N70,000 risk facing jail time.

Ravenewsonline reports that the warning was announced by Alhaji Ismaila Abubakar, permanent secretary, federal ministry of labour and employment, at the 13th Annual General Meeting of the Employers Association for Private Employment Agencies of Nigeria.

According to Abubakar, the minimum wage is now a law, and paying less than N70,000 is a punishable crime. Employers are expected to make it compulsory in any contract that their workers earn at least the minimum wage, after all deductions.

Read Also: CBN Confirms Obaseki’s Claim that Federal Government Printed N60Bn

The Nigeria Labour Congress (NLC) has also weighed in on the issue, with Funmilayo Sessi, chairperson of the Lagos State Council, calling on private employers to pay the N70,000 minimum wage. She noted that the current economic realities make it difficult for workers to survive on lower wages.

It’s worth noting that there is some ambiguity surrounding whether the N70,000 minimum wage is net or gross, with Dr. Olufemi Ogunlowo, president, Employers Association for Private Employment Agencies of Nigeria, calling for clarification on this issue.

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

ad

You May Also Like

News

Federal Executive Council has approved a group life insurance scheme for federal government officials, civil servants, and some other workers at the federal level....

News

Mastercard Economics Institute (MEI) has released its annual Travel Trends 2025 report, revealing the latest consumer spending insights and motivation when it comes to...

Tech

Google’s annual I/O developer conference is a hub for exciting product updates. This year, “The Android Show: I/O edition” offered an early preview of...

Tech

Sophos, a global leader of innovative security solutions for defeating cyberattacks, today launched MSP Elevate, a new business-accelerating program for managed service providers (MSPs)....