The National Assembly has passed a Bill amending the National Minimum Wage Act to increase the minimum wage from 30,000 naira to 70,000 naira.

The bill, which scaled second and third readings at both legislative chambers in the National Assembly, just minutes after it was transmitted by President BOLA TINUBU, was instantly passed separately by the red and green chambers.

In a unanimous vote after a clause consideration in the Committee of the Whole, the National Minimum Wage Bill scaled third reading and was passed at the Senate.

The House also passed the bill immediately just like the Senate.

President TINUBU is expected to sign the bill into law.