Close Menu
MarketForces AfricaMarketForces Africa
    What's Hot

    XRP Rises 4% as Ripple, Stripe Enable Automated AI Transactions

    September 21, 2026

    CBN Targets N500 bln from Treasury Bills Auction Midweek

    September 21, 2026

    Policy Meeting: CBN to Keep Interest Rate at 26.5% – Analysts

    September 21, 2026
    Facebook X (Twitter) Instagram
    Trending
    • XRP Rises 4% as Ripple, Stripe Enable Automated AI Transactions
    • CBN Targets N500 bln from Treasury Bills Auction Midweek
    • Policy Meeting: CBN to Keep Interest Rate at 26.5% – Analysts
    • Oando Steadies Amidst Shareholders’ Cross-Border Listing Approval
    • First Holdco Sees 18% Valuation Surge on Clear Dividend Policy Bets
    • Sterling Financial Holdings Market Value Steadies at N542bn
    • Italy Plans Face-Veil Ban in Schools and Limit Foreign Students in Classrooms 
    • Access Holdings Climbs Ahead of Scheduled Earnings Release
    • Home
    • About Us
    Facebook X (Twitter) Instagram LinkedIn WhatsApp TikTok Telegram
    MarketForces AfricaMarketForces Africa
    Subscribe
    Monday, September 21
    • Home
    • News
    • Analysis
    • Economy
    • Mobile Banking
    • Entrepreneurship
    MarketForces AfricaMarketForces Africa
    MarketForces Africa » MarketForces News » Senate to Expedite Consideration on New Minimum Wage Bill

    Senate to Expedite Consideration on New Minimum Wage Bill

    Marketforces AfricaBy Marketforces AfricaOctober 6, 2023 News No Comments2 Mins Read
    Senate to Expedite Consideration on New Minimum Wage Bill
    Godswill Akpabio, Senate President
    Share
    Facebook Twitter LinkedIn Pinterest Email Tumblr Reddit Telegram WhatsApp Copy Link

    Senate to Expedite Consideration on New Minimum Wage Bill

    The Chairman of the Senate Committee on Employment, Labour and Productivity, Sen. Diket Plang, says the upper chamber will give the expected new minimum wage bill expeditious consideration.

    Plang, in a statement on Friday in Abuja, said the bill when passed, would further ensure improved welfare of workers and promote industrial harmony in the country. He assured Nigerians of the 10th National Assembly’s commitment to improving the living conditions of workers and tackling the high level of poverty.

    ” Efforts of the Federal Government and the organised labour for agreeing to set in motion necessary machinery to review the current minimum wage as contained in the memorandum of understanding signed by the negotiating parties are commendable.

    ” The Senate Committee on Employment, Labour and Productivity under my chairmanship is prepared to give expeditious attention to the passage of a new Act once negotiation on the matter is concluded and such bill transmitted to the National Assembly for enactment,” he said.

    The chairman commended the Federal Government on the proactive actions taken to avert a nationwide strike by workers on Tuesday but warned parties involved not to renege on the agreements reached. #Naira Devaluation Deepens Economic Crisis in Nigeria

    ” Nigerians and particularly members of this committee are happy that the looming industrial unrest was averted by a memorandum of understanding signed by the Federal Government, the Nigeria Labour Congress and the Trade Union Congress.

    “However, all the parties involved should avoid reneging on any of the agreements reached”, he said.

    The committee he added, was committed to the International Labour Organisation principle of decent work and would take necessary legislative action to support efforts at improving the working conditions of Nigerians, including payment of living wage as enshrined in the decent work agenda #Senate to Expedite Consideration on New Minimum Wage Bill

    Nigeria Senate
    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    Marketforces Africa
    • Website
    • Facebook
    • X (Twitter)
    • Instagram
    • LinkedIn

    MarketForces Africa, a Financial News Media Platform for Strategic Opinions about Economic Policies, Strategy & Corporate Analysis from today's Leading Professionals, Equity Analysts, Research Experts, Industrialists and, Entrepreneurs on the Risk and Opportunities Surrounding Industry Shaping Businesses and Ideas.

    Keep Reading

    XRP Rises 4% as Ripple, Stripe Enable Automated AI Transactions

    CBN Targets N500 bln from Treasury Bills Auction Midweek

    Policy Meeting: CBN to Keep Interest Rate at 26.5% – Analysts

    Oando Steadies Amidst Shareholders’ Cross-Border Listing Approval

    First Holdco Sees 18% Valuation Surge on Clear Dividend Policy Bets

    Sterling Financial Holdings Market Value Steadies at N542bn

    Add A Comment

    Comments are closed.

    Editors Picks

    XRP Rises 4% as Ripple, Stripe Enable Automated AI Transactions

    September 21, 2026

    CBN Targets N500 bln from Treasury Bills Auction Midweek

    September 21, 2026

    Policy Meeting: CBN to Keep Interest Rate at 26.5% – Analysts

    September 21, 2026

    Oando Steadies Amidst Shareholders’ Cross-Border Listing Approval

    September 20, 2026

    First Holdco Sees 18% Valuation Surge on Clear Dividend Policy Bets

    September 20, 2026
    Latest Posts

    XRP Rises 4% as Ripple, Stripe Enable Automated AI Transactions

    September 21, 2026

    CBN Targets N500 bln from Treasury Bills Auction Midweek

    September 21, 2026

    Policy Meeting: CBN to Keep Interest Rate at 26.5% – Analysts

    September 21, 2026

    Oando Steadies Amidst Shareholders’ Cross-Border Listing Approval

    September 20, 2026

    First Holdco Sees 18% Valuation Surge on Clear Dividend Policy Bets

    September 20, 2026

    Subscribe to News

    Get the latest sports news from Dmarketforces Africa about finance, business and tech.

    Advertisement
    Facebook X (Twitter) Pinterest Vimeo WhatsApp TikTok Instagram

    News

    • World
    • Politics
    • Economy
    • Business
    • Opinions
    • Fintech
    • Science & Technology

    Company

    • About us
    • Advertising
    • Classified Ads
    • Contact Info
    • Editorial Policy

    Services

    • Subscriptions
    • Research
    • Due Diligence
    • Newsletters
    • Sponsored News
    • Work With Us

    Subscribe to Updates

    Subscribe to updates from MarketForces Africa, an independent financial news service provider.

    © 2026 MarketForces Africa. All rights reserved.
    • Privacy Policy
    • Terms
    • Accessibility

    Type above and press Enter to search. Press Esc to cancel.