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Nigerian Parliament Passes Key Bills on Minimum Wage, Budget, and Police Act

23 Jul 2024Visits: 111Comments: 0

In a significant move, the Senate and House of Representatives have passed crucial bills aimed at improving the country's labor laws, police administration, and national budget.

In a significant move, the Senate and House of Representatives have passed crucial bills aimed at improving the country's labor laws, police administration, and national budget.

TheNational Minimum Wage Bill, transmitted by President Tinubu, has been passed by both chambers of the National Assembly. The bill increases the national minimum wage to Seventy Thousand Naira (N70,000) and reduces the time for periodic review from five to three years.
The Senate passed the bill on Tuesday, granting expedited consideration to the bill. The lawmakers approved the bill after passing it through first, second, and third readings in a single session.



Meanwhile, the House of Representatives also passed the National Minimum Wage Bill and the 2024 Appropriation Act Amendment Bill. The latter increases the 2024 budget to an aggregate of Thirty-Five point Zero Five Five Trillion Naira (N35.055 trillion), following lawmakers' approval of President Tinubu's request for a N6.2 trillion budget adjustment.

Furthermore , in another development, the Senate passed the Police Act Amendment Bill, allowing the appointed Inspector General of Police to remain in office for four years, in line with the provisions of Section Seven, Subsection Six of the Police Act.

Also, Senator Ezenwa Onyewuchi, representing Imo East, has defected from the Labour Party to the All Progressives Congress. Additionally, the Senate approved the 6.2 Trillion Naira amendment to the 2024 Appropriation Act, raising the 2024 budget size from 28.7 Trillion Naira to 35.055 Trillion Naira.

These developments demonstrate the commitment of the Nigerian Parliament to addressing critical issues affecting the nation, including labor rights, police administration, and economic management. The passed bills will now proceed to the next stages of the legislative process before being implemented.
                                    ~Yongo Wandoo Cynthia