The Federal Government has issued a stern warning to private sector employers, mandating adherence to the newly established N70,000 minimum wage, with non-compliance resulting in potential jail time.
This announcement came during the 13th Annual General Meeting of the Employers Association for Private Employment Agencies of Nigeria in Ikeja, Lagos.
Alhaji Ismaila Abubakar, Permanent Secretary at the Federal Ministry of Labour and Employment, emphasized that the minimum wage is now a legal requirement, stating, “The minimum wage is now a law, and it is a punishable crime for any employer to pay less than N70,000 to any of its workers.”
He urged private employment agencies to ensure that all contracts reflect this wage standard, asserting that the least paid worker in Nigeria should earn at least N70,000 after all deductions.
Abubakar reiterated the government’s commitment to safeguarding workers’ rights, asserting, “The Federal Government is committed to ensuring that the least paid worker goes home with N70,000.”
Dr. Olufemi Ogunlowo, President of the Employers Association for Private Employment Agencies of Nigeria, raised concerns regarding the specifics of the law, asking whether the N70,000 is to be understood as a net or gross figure.
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“The government must clarify whether the N70,000 minimum wage is net or gross,” he stated, highlighting the need for clear communication regarding any ambiguities within the legislation.
Funmilayo Sessi, Chairperson of the Nigeria Labour Congress (NLC) in Lagos State, echoed these sentiments, noting the ongoing economic challenges faced by workers.
“The N70,000 isn’t enough in the current economic realities,” she remarked, urging immediate compliance from private employers.
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