Sunday, November 15, 2015

National Minimun Wage (Amendment) Act, 2011 (Nigeria)


National Minimum Wage (Amendment) Act 2011 (Nigeria)

Arrangement of Sections
Section:
1. Amendment of Cap. N61 LFN, 2004.
2. Amendment of section 1.
3. Amendment of section 3.
4. Amendment of section 5.
5. Citation.
National Minimum Wage (Amendment) Act 2011
An Act to amend the National Minimum Wage Act Cap. N61 Laws of the Federation of Nigeria, 2004 to provide for a revised national minimum wage and for related matters.
ENACTED by the National Assembly of the Federal Republic of Nigeria:
[                                 ]  Commencement
1. The National Minimum Wage Act Cap. N61 Laws of the Federation of Nigeria, 2004 (in this Act referred to as “the Principal Act”) as amended, is further amended as set out in this Act.
2. Section 1 of the Principal Act is amended in subsection (1) by substituting for the existing subsection (1) a new subsection “(1)”:
“(1) As from the commencement of this Act, it shall be the duty of every employer (except as provided for under the principal Act as amended) to pay a wage not less than the national minimum wage of N18,000.00 per month to every worker under his establishment”.
3. Section 3 of the Principal Act is amended in subsection (1) by substituting for the amount:
(a) N100.00 in line 5, the amount N20,000.00; and
(b) N10.00 in line 6, the amount N1,000.00.
4. Section 5 of the Principal Act is amended by substituting for the amount:
(a) N100.00 in line 6, the amount N20,000.00; and
(b) N100.00 in line 6 the amount N1,000.00
5. This Act may be cited as the National Minimum Wage (Amendment) Act 2011.
EXPLANATORY MEMORANDUM
This Act further amends the National Minimum Wage Act, Cap. N61 Laws of the Federation of Nigeria, 2004 as amended, to provide for a revised national minimum wage and also to provide for a realistic penalty regime for violation of the provisions of the Act.
Assented to by Dr Goodluck Ebele Jonathan, GCFR, President of the Federal Republic of Nigeria on the 22nd day of March 2011

No comments:

Post a Comment