Buhari signing new minimum wage into law

You're referring to the news about President Muhammadu Buhari signing the new minimum wage into law in Nigeria!

Yes, on April 18, 2019, President Buhari signed the new National Minimum Wage Act into law, increasing the minimum wage from N18,000 (approximately $49) to N30,000 (approximately $82) per month. This is a significant increase, representing a 66% hike.

The new minimum wage was the result of a long-standing demand by Nigerian workers, who had been pushing for a higher minimum wage to help alleviate poverty and improve their standard of living. The increase is expected to benefit millions of workers across various sectors, including federal and state governments, as well as private companies.

The signing of the new minimum wage law is seen as a major achievement by the Buhari administration, which had promised to prioritize the welfare of Nigerian workers during his 2019 re-election campaign. The move is also expected to boost economic growth and reduce poverty in the country.

What do you think about this development? Do you think it will have a positive impact on the lives of Nigerian workers?