Jeo Okei-Odumakin has reacted to the decision of President Muhammadu Buhari for signing the new National Minimum Wage Bill into law.
Okei-Odumakin, who happens to be the president of the Women Arise for Change Initiative, stated this while speaking with NAN, yesterday in Lagos.
President Buhari on Thursday signed the Minimum Wage Repeal and Re-Enactment Act, 2019 into law; by this act, the new minimum wage is now N30,000.
“It is a welcome development though this is coming at a time when several states in the country have battled over the last couple of years to pay the previous N18,000 minimum wage.”
“It is my hope that the states and employers within the private sector will commence an immediate implementation of the new minimum wage.”
“It is also important to remind ourselves that the N30,000 minimum wage remains insufficient for our workers when we consider the inflation rate in our country and the prevailing economic realities.”
“Yet, we must appreciate the sincerity of President Buhari in ensuring that the new minimum wage becomes implemented,”.