Connect with us

Econonmy

Private Employers Face Jail Time for Paying Below N70,000 Minimum Wage – FG Warns

Published

on

GX0pe64WMAANL6j

Federal Government has issued a stern warning to private employers, stating that any organization or individual failing to comply with the new N70,000 minimum wage law risks imprisonment. According to the government, this wage adjustment is mandatory, and employers who refuse to adhere to it will face serious legal consequences.

ECOWAS Heads To Meet, Decide On New-Leadership As Tinubu’s Tenure-Ends On Tuesday (Details)

“The minimum wage is a law, and you can be jailed if you fail to implement it. The Federal Government is committed to ensuring that the least paid worker goes home with N70,000,” an official spokesperson announced.

Petrol Prices Surge: Nigerians Rally Against Soaring Fuel Costs As Scarcity Hits Hard For November 5th, 2024

This recent announcement reaffirms the government’s commitment to improving the livelihoods of workers across Nigeria. The law aims to protect the rights of employees and ensure that they are compensated fairly for their work. The Federal Government has urged all employers to immediately adopt the new wage structure and avoid any legal repercussions.

Man Wey Sabi: Why I Fit Die For Tinubu Matter- Igbo Trader Makes Awesome Case For Tinubu's Presidency

Incorporating this new policy highlights the government’s focus on creating a more sustainable and equitable workforce. Employers are encouraged to take prompt action to ensure compliance and avoid facing the full weight of the law.

Advertisement

 

CBN Resumes Dollar-Sales To Bureau De Change Operators After Suspension
Advertisement
Click to comment
Subscribe
Notify of
guest
0 Comments
Oldest
Newest Most Voted
Inline Feedbacks
View all comments

Trending

0
Would love your thoughts, please comment.x
()
x