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VOL. 6, ISSUE 6 (2020)
Contributions of employment and labour laws to the economic growth of Nigeria: some selected laws in focus
Authors
Emuobo Emudainohwo
Abstract
The paper examines the contributions labour laws to the economic growth of Nigeria. It focussed on some selected laws related to employment and labour to argue that these laws contribute to economic development. The laws are classified into the following: International Labour Organisation’s (ILO) fundamental labour standards, hiring and termination, freedom of association and collective bargaining and minimum wage ILO’s fundamental labour standards create the structure for human resource advancement to ensure justice and equity in the workplace. Hiring and termination statutes prevent maltreatment of workers, particularly in non-causal dismissal. Collective bargaining laws ensure bargaining ability of workers in the labour relations Tax laws for instance pay as You Earn (PAYE) tax which is collected by employers, the income is applied towards economic growth. Minimum wage law ensures higher efficiency through better diet, lower absenteeism and output; and multiplier impact in the economy.
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Pages:195-200
How to cite this article:
Emuobo Emudainohwo "Contributions of employment and labour laws to the economic growth of Nigeria: some selected laws in focus". International Journal of Law, Vol 6, Issue 6, 2020, Pages 195-200
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