The Nigerian government has announced that the minimum wage will now be reviewed every two years instead of the previous five-year interval.
Minister of State for Labour and Employment, Nkeiruka Onyejeocha, made this statement on Thursday in Abia State.
She explained that the new review timeline aligns with President Bola Tinubu’s commitment to fulfilling his promise to Nigerian workers by ensuring the minimum earnings is adjusted every three years.
“We are not going to allow the minimum wage review to be delayed indefinitely. It used to be every five years, but now, in less than two years, we will review the minimum wage again,” Onyejeocha said.
This change comes after the Trade Union Congress recently called for annual reviews of the minimum salary, citing rising inflation as a key factor affecting workers’ livelihoods.
Last year, President Tinubu approved a minimum wage of N70,000, with plans to review it every three years.
However, Nigeria’s inflation rate, which reached 34.60 percent in November 2024, has diminished the impact of the minimum wage increase.
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cc: Daily Post Ng