The Federal Government says it will review the ₦70,000 national minimum wage to ensure it reflects Nigeria’s current economic realities, with the process to be handled in partnership with organised labour.
Chief of Staff to the President, Femi Gbajabiamila, disclosed this on Thursday at the Good Governance Summit 2026 organised by Working People United in Abuja.
He said the Tinubu administration recognises the increasing cost of living and remains committed to ensuring workers receive fair wages.
Gbajabiamila recalled that President Bola Ahmed Tinubu signed the ₦70,000 minimum wage into law in July 2024, more than doubling the previous ₦30,000 benchmark. He added that the President also shortened the wage review cycle from five years to three years to allow salaries to keep pace with economic changes.
“Although the ₦70,000 wage represented a major achievement when it was introduced, it must now be reassessed in light of present-day economic conditions,” he said.
He assured workers that government would approach the review “in partnership with organised labour rather than as an opponent,” and urged unions to continue engaging constructively to produce better outcomes for workers while supporting national economic growth.
