Overview

The National Minimum Wage (Amendment) Bill, 2024 seeks to amend the National Minimum Wage Act of 2019 in Nigeria. The primary changes include increasing the national minimum wage to not less than N70,000.00 per month and reducing the periodic review cycle from five years to three years. The bill is structured with clauses for amendment, insertion of new sections, and citation. It is enacted by the National Assembly and aims to improve worker compensation through more frequent adjustments to the minimum wage.

Download