HomePoliticsN70,000 No Longer Enough – Labour Pushes for New Minimum Wage

N70,000 No Longer Enough – Labour Pushes for New Minimum Wage

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The Nigeria Labour Congress and the Trade Union Congress have moved to restart negotiations with the Federal Government over a new national minimum wage, warning that the current N70,000 monthly pay is no longer enough for workers to survive on.

Nigeria’s current minimum wage was signed into law in July 2024 with an original three-year review cycle, which the Federal Government adjusted in January 2025 to a biennial review framework, making 2026 the next review point.

The labour unions made the disclosure during a joint address delivered at the 114th International Labour Conference in Geneva on Monday.

According to the unions, the current framework fails to reflect today’s economic realities, driven by the sharp increase in food, transport, housing, and healthcare costs.

Organised labour announced plans to officially write to the government to commence discussions ahead of the July 2026 wage renegotiation deadline.

Labour leaders noted that workers are under severe pressure from currency

This post was originally published on this site.

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