BREAKING: New dawn for Nigerian workers as Senate approves N70,000 minimum wage

The Senate has approved the new national minimum wage bill into law following its transmission by President Bola Tinubu.

This legislative milestone comes after the Federal Government and Labour leaders reached a consensus last week on the new national minimum wage.

The new bill will now wait for concurrence from the House of Representatives following a letter asking for such from President Bola Tinubu.

The newly passed bill also has a new provision for its review after 3 years unlike the former provision with a 5 year review period.

The new minimum wage is part of efforts aimed at cushioning the effect of current Economic challenges facing Nigerians.