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Nigerian Govt Reveals When Minimum Wage Will Be Reviewed
The Nigerian government has announced that the national minimum wage will now be reviewed every two years, replacing the previous five-year cycle.
The Minister of State for Labour and Employment, Nkeiruka Onyejeocha, disclosed this on Thursday during an event in Abia State. She explained that the change aligns with President Bola Tinubu’s promise to improve workers’ welfare and ensure regular wage adjustments.
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“It used to be reviewed every five years, but now, in less than two years, we will revisit the minimum wage,” Onyejeocha stated.
This decision comes amid calls from the Trade Union Congress (TUC) for yearly reviews to address rising inflation, which hit 34.60% in November 2024.
President Tinubu had previously approved a ₦70,000 minimum wage in 2024, committing to a three-year review. The new two-year timeline reflects efforts to better respond to economic realities and support Nigerian workers.