Edun Speaks on Implementation of the New Minimum Wage

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The Honourable Minister of Finance & Coordinating Minister of the Economy Mr. Wale Edun at the Council Chambers of the Presidential Villa, where President Bola Ahmed Tinubu, alongside the leadership of the National Assembly, signed the new National Minimum Wage Amendment Bill 2024 into law. This landmark legislation mandates a minimum monthly salary of N70,000, with provisions for review every three years, ensuring that the wage remains fair and reflective of economic conditions.

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