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FG Warns Private Companies to Adhere to N70,000 Minimum Wage Law

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The Federal Government has warned private companies, urging them to comply with the N70,000 minimum wage law.

The Permanent Secretary of the Federal Ministry of Labour and Employment, Alhaji Ismaila Abubakar, made this statement on Wednesday at the 13th Annual General Meeting of the Employers Association for Private Employment Agencies of Nigeria, held in Ikeja, Lagos.

Alhaji Abubakar emphasized that any company failing to pay at least N70,000 to its employees risks legal consequences, including imprisonment.

“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,” Abubakar stated.

Represented by the Director of Employment and Wages, John Nyamali, Abubakar highlighted the importance of compliance within the private sector, urging private employment agencies to make it mandatory in their contracts that no worker should earn less than the minimum wage after deductions.

“The least paid worker in Nigeria should earn N70,000, and this should be after all deductions,” he added.

The Federal Government remains steadfast in its resolve to ensure that workers are adequately compensated in accordance with the law.

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