FG Mandates N70,000 Minimum Wage for Private Sector; Violators Face Penalties – Landslide News
  • Latest
  • Trending
  • All
  • Business
  • Politics
  • Global
  • Lifestyle
  • Tech

FG Mandates N70,000 Minimum Wage for Private Sector; Violators Face Penalties

September 19, 2024

Umukoro Focuses on Delta Sprint Victory

May 23, 2025

Caroline Garcia Announces Tennis Retirement Soon

May 23, 2025

TINUBU’S ADOPTION: A DESPERATE BID FOR POWER

May 22, 2025

NNPCL Gets New Leadership as Tinubu Swears In Board Members

May 22, 2025

Niger Government Secures ₦70bn Bond to Tackle Infrastructure Deficit

May 21, 2025

FG Pressed to End 50% Revenue Cuts

May 21, 2025

EPL: Iwobi Inspires Fulham’s 3-2 Win Over Liverpool

April 7, 2025

FRSC Corps Marshal Calls for Speed Limit Enforcement

April 7, 2025

Portable and OdumoduBlvck to Drop New Collaboration

April 7, 2025

Iyabo Ojo Reveals No Plans for Marriage with Music Executive Paulo

April 7, 2025

Nigerian Socialite Bobrisky Falls Victim to Romance Fraud

April 7, 2025

2Baba Clears the Air on Missing Report

April 6, 2025
Landslide News
  • Home
  • Breaking News
  • Global
  • Business
  • Social Media Today
  • Entertainment
    • Movies
    • Music
  • Fashion
  • Health
  • Lifestyle
  • Politics
  • Sports
No Result
View All Result
Landslide News
  • Home
  • News Insights @ LandslideNews
  • Breaking News
  • Politics
  • Global
  • Business
  • Entertainment
    • Movies
    • Music
  • Fashion
  • Health
  • Lifestyle
  • Sports
  • Tech

FG Mandates N70,000 Minimum Wage for Private Sector; Violators Face Penalties

byGrace Amos
September 19, 2024
in Breaking News
1
503
SHARES
1.4k
VIEWS
Share on FacebookShare on Twitter

The Federal Government has urged agencies recruiting for the private sector to comply with the N70,000 minimum wage, warning that any failure to do so will not be tolerated.

The government stated that the new minimum wage is essential to address current economic conditions, insisting that no worker in Nigeria—whether in government or the private sector—should earn less than this amount.

Alhaji Ismaila Abubakar, Permanent Secretary of the Federal Ministry of Labour and Employment, made these remarks during the 13th Annual General Meeting of the Employers Association for Private Employment Agencies of Nigeria, held in Ikeja, Lagos. Represented by the ministry’s Director of Employment and Wages, John Nyamali, he emphasized, “The minimum wage is now a law, and it is a punishable offense for any employer to pay less than N70,000 to their workers.

“Private employment agencies must ensure that any contracts with their principals stipulate that workers will earn at least the minimum wage. The lowest-paid worker in Nigeria should take home N70,000 after all deductions.

“Failure to comply with this law could lead to imprisonment. The Federal Government is dedicated to ensuring that every worker receives at least N70,000.”

Dr. Olufemi Ogunlowo, President of the Employers Association for Private Employment Agencies of Nigeria, called for clarification from the government and the Nigeria Labour Congress regarding whether the N70,000 minimum wage is net or gross, urging that any ambiguities in the law be clearly explained.

Ogunlowo stated that EAPEAN is already committed to upholding the minimum wage, providing decent jobs for Nigerians, and preventing the exploitation of human resources.

“As an employers’ union in the private sector, we are dedicated to enforcing the minimum wage. We abide by the law, and our principals and clients have also embraced this standard.

“However, we need clarity on whether the N70,000 minimum wage is net or gross. The government and NLC should address any uncertainties surrounding the minimum wage,” he said.

During the event, Funmilayo Sessi, Chairperson of the NLC Lagos State Council, remarked that the current economic hardships have undermined workers’ incomes, urging private employers to ensure compliance with the N70,000 minimum wage.

She stated, “The N70,000 is insufficient given today’s economic realities. Once the necessary adjustments are made, all private employment agencies must start paying their workers the N70,000 minimum wage immediately.

“The NLC in Lagos State will enforce the minimum wage strictly. EAPEAN should avoid any conflict with the NLC regarding this matter.”

Share201Tweet126
Grace Amos

Grace Amos

Related Posts

Caroline Garcia Announces Tennis Retirement Soon

byBilkisu Kasim
16 hours ago
0

Former world number four Caroline Garcia has announced she will retire from professional tennis, marking this weekend’s French Open as...

NNPCL Gets New Leadership as Tinubu Swears In Board Members

byChibuzor Isichei
1 day ago
0

President Bola Tinubu has officially inaugurated the board of the reconstituted Nigerian National Petroleum Company Limited (NNPCL), appointing Engr. Bashir...

Niger Government Secures ₦70bn Bond to Tackle Infrastructure Deficit

byGrace Amos
2 days ago
0

The Niger State Government has secured approval for a ₦70 billion bond aimed at financing critical infrastructure projects across the...

EPL: Iwobi Inspires Fulham’s 3-2 Win Over Liverpool

byBilkisu Kasim
2 months ago
180

Alex Iwobi delivered a standout performance on Sunday, inspiring Fulham to a thrilling 3–2 comeback win over Liverpool at Craven...

Comments 1

  1. Victory Amah says:
    8 months ago

    we are just hearing and not seeing.

    Reply

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

I agree to the Terms & Conditions and Privacy Policy.

  • Trending
  • Comments
  • Latest

Tragic Loss: Hotel Manager Brutally Murdered during Investigation by the Nigerian Army

April 12, 2024

FG Declares Public Holidays for Christmas, New Year Celebrations

December 23, 2024

Mayday! Mayday! Our Country Is In So Much Trouble

November 18, 2024

Man receives 27-year jail term for N2.3m theft in Ekiti.

14458

FG Declares Public Holidays for Christmas, New Year Celebrations

11527
created by InCollage

NNPC-Chevron JV Announces Major Oil Discovery in Niger Delta

3361

Umukoro Focuses on Delta Sprint Victory

May 23, 2025

Caroline Garcia Announces Tennis Retirement Soon

May 23, 2025

TINUBU’S ADOPTION: A DESPERATE BID FOR POWER

May 22, 2025
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.