20 Views

Ex-ANAN president, Nzekwe, commends Buhari for signing N30,000 Minimum Wage Bill

Dr Samuel Nzekwe, former President, Association of National Accountants of Nigeria (ANAN), has commended President Muhammadu Buhari for signing N30,000  Minimum Wage Bill into Law.

Ex-ANAN president, Nzekwe, commends Buhari for signing N30,000 Minimum Wage Bill
Ex-ANAN president, Nzekwe, commends Buhari for signing N30,000 Minimum Wage Bill

Nzekwe gave the recommendation in an interview with newsmen n Ota on Friday.

Reports  have it that the new minimum wage takes effect from April 18 as announced by the Senior Special Assistant to Buhari on National Assembly matters, Sen. Ita Enang.

He noted that the development would no longer make workers complain of welfare.

According to him, the signing of the N30, 000 minimum wage bill into law is also a welcome development that will boost the purchasing power of Nigerian workers.

He, however, urged the workers to put in their best, to justify the increase in their wages.

The former ANAN president also advised the Federal Government to create environment that would enable the productive sector to thrive.

Minimum Wage: Labour gives Buhari May 1 deadline

According to him, this is necessary so that the effect of rising inflation can be cautioned through the production of more goods and services.

“The effect will also be on the nation’s recurrent expenditures, but the Federal and State governments must work out ways of paying the new minimum wage, “he said.

Nzekwe further urged the Federal government to look for ways of widening the Value Added Tax (VAT) net than increasing it.

“Increasing VAT is indirectly using the other hand to collect the new minimum wage from workers and this will inflict more pain on them.“

You may be interested

Tinubu sends strong message to Sanwo-Olu
News
1 views
News
1 views

Tinubu sends strong message to Sanwo-Olu

Flora - August 23, 2019

The National Leader of the All Progressives Congress, Bola Ahmed Tinubu, on Friday told the Governor of Lagos State, Babajide…

Listen to these advises, Tinubu cautions Sanwo-Olu
Headlines
2 views
Headlines
2 views

Listen to these advises, Tinubu cautions Sanwo-Olu

Webby - August 23, 2019

The National Leader of the All Progressives Congress, Bola Ahmed Tinubu, on Friday told the Governor of Lagos State, Babajide…

FG threatens to extradite these Nigerians accused of fraud
Headlines
1 views
Headlines
1 views

FG threatens to extradite these Nigerians accused of fraud

Webby - August 23, 2019

The Chairman of Nigerians in Diaspora Commission (NIDCOM), Abike Dabiri-Erewa has responded to the list released by the Federal Bureau…

Leave a Comment

Your email address will not be published.