The Federal Government has signalled plans to review the national minimum wage, stating that the current N70,000 benchmark no longer reflects prevailing economic realities.
Chief of Staff to the President Femi Gbajabiamila disclosed this on Thursday at the Good Governance Summit 2026 organised by Working People United in Abuja.
He said President Tinubu signed the new minimum wage into law in July 2024, raising it from N30,000 and shortening the review cycle from five years to three years.
“The N70,000 wage, which was a milestone in 2024, must be honestly reassessed against today’s realities,” Gbajabiamila said. He urged organised labour to sustain dialogue with government.
Minister of Labour Muhammad Dingyadi said the true measure of governance is the extent to which policies translate into improved livelihoods.
WoPU National Coordinator Williams Akporeha said workers remain the backbone of Nigeria’s economy and development efforts.