The House of Representatives,has on Tuesday, moved the process of making the review of the national minimum wage, a periodic exercise of every five years.
The bill to amend the National Minimum Wage Act has since passed through second reading.
House Majority Leader, Femi Gbajabiamila (APC, Lagos) led the debate on the general principles of the bill during plenary.
Gbajabiamila explained that salary is a major component of workers’ welfare and there was a need to review it periodically.
The house leader blamed the continuous clamor for increased minimum wage, by workers across the country on inflation.
“The minimum wage shall be subject to periodic review every five years and the first review shall be effective from January 1, 2017 irrespective of the day the bill comes into force,” he said.
Recall that a 29 member committee was set up by the federal government to look into the issue of minimum wage increment.
The organised labor has in the past made a compelling case for an enhancement of the pay package of workers, citing spiraling inflation occasioned by the current economic recession and arguing that retention of the current minimum wage of N18,000 per month was insensitive and morally unjustifiable.
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