FG announces period for next minimum wage increase

Nigeria’s federal government has announced that the minimum wage will be reviewed every two years instead of every five years.

Nkeiruka Onyejeocha, Minister of State for Labour and Employment, made this known 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 an annual review of the minimum wage to reflect economic realities such as rising inflation.

Last year, President Tinubu approved a N70,000 minimum wage and promised to review it every three years.

Meanwhile, Nigeria’s rising inflation, which stood at 34.60 percent in November 2024, had impacted the minimum wage increase.