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Home Economy

FG to deal with employers defaulting on minimum wage payment

Business 360 by Business 360
February 25, 2022
in Economy, Entrepreneurship
0
Economy Review: Nigeria’s recovery expected to recover to its pre-pandemic level only in 2022

The Federal Government says it will sanction employers of labour that fail to pay the national minimum wage of N30,000 per month in accordance with the provisions of the National Minimum Wage Act 2019.

The Chairman, National Salaries, Incomes and Wages Commission (NSIWC), Ekpo Nta, stated this, yesterday, during a media briefing in Abuja. The Chairman, who was represented by the acting Director, Compensation Department, Chiadi Adighiogu, also informed that the commission will soon begin monitoring the implementation and compliance of employers in line with the provisions of section 12 of the National Minimum Wage (Amendment) Act 2019 and sanctions would be applied where necessary.

The National Minimum Wage Act 2019 provides that every employer shall pay a national minimum wage of not less than N30,000 per month to every worker under his establishment, except where the number of employees is less than 25, or are paid on a part-time basis or are seasonal employees.

According to a circular just released by the NSIWC titled: ‘Implementation of the National Minimum Wage of N30,000 per month –Reminder’, the commission directed that any Federal Government agency that is yet to implement the National Minimum Wage.

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