Federal government has announced that the minimum
would be reviewed on a two-year interval instead of five years.
The Minister of State for Labour and Employment,
Nkeiruka Onyejeocha, disclosed this on Thursday in Abia State.
According to her, the minimum review timeline is in
line with President Bola Tinubu’s commitment to his promise to Nigerian workers
by ensuring the minimum wage was reviewed after three years.
“We are not going to allow minimum wage review to be
forever.
“It used to be about five years, but now, in three
years’ time, which is less than two years, we will also review the minimum
wage,” Onyejeocha said.
This comes as the Trade Union Congress recently called
for a yearly review of the minimum wage in line with economic realities such as
rising inflation.
JustLiberationNews recalls that last year Tinubu had approved a
N70,000 minimum wage, with a promise to review it every three years.
However, Nigeria’s rising inflation, which stood at
34.60 percent in November 2024, had impacted the minimum wage increase.
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