National Assembly Begins Seven-Week Recess.

The National Assembly has commenced a seven-week recess and will reconvene on September 17th, 2024. This was announced after plenary on Wednesday.

Both chambers of the Assembly – Senate and House of Representatives, will be on break for seven weeks which is their yearly recess.Before proceeding on recess, the National Assembly on Tuesday, passed the new minimum wage bill into law.

 

The bill passed through the first, second and third readings sequentially in plenary on Tuesday.The bill, when active, would pave the way for the payment of the new minimum wage of ₦70,000 to Nigerian workers.

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.

Meanwhile, President Bola Tinubu is set to receive the new minimum wage bill for assent following its accelerated passage through both chambers of the National Assembly on Tuesday.

The Executive Bill, which mandates a ₦70,000 minimum wage and stipulates a three-year review cycle, was rapidly processed during separate plenary sessions of the Senate and the House of Representatives. Both chambers conducted the required three readings and approved the bill through voice votes.

No lawmakers opposed the bill during its consideration in both chambers. The Senate and the House of Representatives subsequently approved the bill for the third reading and passed it unanimously when put to voice votes by their respective leaders.

The bill now awaits President Tinubu’s assent, which will formalize the new ₦70,000 minimum wage and the three-year review cycle into law.

Share this post

Leave a Reply

Your email address will not be published.