President Muhammadu Buhari has signed the new minimum wage bill.
The bill, which has now become a law, will usher in a new pay structure for Nigerian workers.
The National Assembly had passed the bill approving N30,000 as the minimum wage for workers.
State governors had opposed the N30,000 minimum wage with many of them saying they will be unable to pay their workers N30,000 minimum wage.
Mr Buhari’s aide on National Assembly Matters (Senate), Ita Enang, told journalists that the president has signed the minimum wage bill into law.
Mr Enang, who briefed State House correspondents after meeting Mr Buhari , said the new law has N30,000 as minimum wage for Nigerian workers.
He also said implementation of the new law starts immediately.
Mr Enang said the signing of the bill into law now “makes it compulsory for all employers of labour in Nigeria to pay their workers the sum of N30,000.”
The presidential aide, however, said employers with less than 25 workers are excluded from paying the new wage.