Tag: Minimum Wage

Labor Leaders Demand New Minimum Wage, Call N70,000 Insufficient

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Following the bold actions taken by several states across the nation to raise their workers’ minimum wages above the N70,000 benchmark in response to the prevailing economic realities, the Nigeria Labour Congress (NLC) and federal government workers have demanded an urgent review of the national minimum wage, arguing that the current 70,000 is no longer sustainable. The labour unions and workers who spoke to the News Agency of Nigeria (NAN) in separate interviews argued that the N70,000 minimum. As you may remember, in July 2024, President Bola Tinubu signed the…

NECA: No Justification for ₦70,000 Minimum Wage Despite Increased Revenue

Editor

The Director-General of the Nigeria Employers’ Consultative Association, Adewale Smatt-Oyerinde, stated on Channels Television’s The Morning Brief on Tuesday that states can no longer justify maintaining the ₦70,000 wage while citizens struggle with rising food and transportation costs. The group has urged state governments to increase civil servants’ pay above the current ₦70,000 minimum, arguing that rising federal revenues remove the excuse for inaction amid a worsening cost of living. Because of the current situation, he stated, “no state really has an excuse to stay at that ₦70,000, especially with…