The Federal Inland Revenue Service (FIRS) on Wednesday refuted report of planned increment of Value Added Tax (VAT) by 50 per cent to meet up payment of the newly proposed minimum wage. The Head, Communication and Servicom Department, Mr Wahab Gbadamosi, made this known in a statement in Abuja. The Minister of Budget and National […] …
minimum wage
Minimum Wage: VAT raise should be discussed — Ajaero
Why Senate approved N30,000 Minimum Wage, N75,000 fine for not keeping records
THE Senate has concurred with the House of Representatives, approving a total sum of N30,000 as the accepted minimum wage for the Nigerian workers following the prevailing economic realities of the country as against the N27,000 proposed by the Federal Government.
Continue reading Why Senate approved N30,000 Minimum Wage, N75,000 fine for not keeping records at Vanguard News Nigeria. …
FG considers 50 per cent hike in VAT, to guarantee new Minimum Wage
The Senate has passed the new Minimum Wage bill into law, fixing the sum of N30,000 as the new wage, just as their counterparts in the House of Representatives. The passage of the new wage is coming on the heels of revelations that the Federal Government might be considering a hike in the Value Added […]
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Minimum Wage: Labour urges FG to commence implementation before May 1
The Nigeria Labour Congress (NLC) wants the Federal Government to commence the implementation of the new National Minimum Wage for workers in the country before the May Day Celebration.
Continue reading Minimum Wage: Labour urges FG to commence implementation before May 1 at Vanguard News Nigeria. …
“To Pay The New Minimum Wage, FG May Increase Value Added Tax” – Budget minister
Nigeria’s Minister of Budget and National Planning, Senator Udo Udoma, appeared before the Senate Committee on Finance today and hinted that the Federal Government was considering, among others, an upward review of the Value Added Tax to enable it to fund the new national minimum wage. Udoma also told the panel headed by Senator John Owan-Enoh […]
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Senate Approves N30,000 Minimum Wage For Federal, State Workers
The Senate has approved N30, 000 as the minimum wage for Federal and State workers. This follows the passage of the National Minimum Wage Bill by members of the upper chamber on Tuesday. Chairman of the Ad-hoc Committee on National Minimum Wage, Senator Francis Alimikhena had earlier presented the National Minimum Wage Act CAP N61 … Continue reading Senate Approves N30,000 Minimum Wage For Federal, State Workers …
Breaking: NASS approves N30k as minimum wage
Senate approves N30,000 minimum wage for workers
The Nigerian Senate has endorsed N30, 000 as the new minimum wage for Federal and State workers in the country. The minimum wage was approved during the Tuesday plenary after the National Minimum Wage Bill was passed by the Lawmakers. “I hope that with this minimum wage our workers will double their efforts to increase […]
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[BREAKING] Senate Approves N30,000 Minimum Wage
The Senate has today approved N30,000 as the new national minimum wage. This decision was reached after the upper chamber’s ad-hoc committee on new minimum wage headed by Senator Francis Alimikhena submitted its report. The Senate then went on to request the Federal Government to submit a supplementary budget to cover the new wage structure […]
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