Current news on nigeria minimum wage

Here are some current news updates on the minimum wage in Nigeria:

Latest Development:

• On April 18, 2022, the Nigerian Senate passed the National Minimum Wage (Amendment) Bill, 2022, which seeks to increase the national minimum wage from N30,000 to N40,000 per month. The bill is now awaiting assent from President Muhammadu Buhari. (Source: Vanguard News)

Background:

• In 2019, the Nigerian government increased the national minimum wage from N18,000 to N30,000 per month, following a long-standing demand from workers and labor unions.
• However, the N30,000 minimum wage has been criticized as being inadequate, with many workers calling for a further increase to reflect the rising cost of living in the country.

Current Demands:

• The Nigeria Labour Congress (NLC) and the Trade Union Congress (TUC) have been pushing for a minimum wage increase to N50,000 per month, citing the high cost of living and the need to ensure a decent standard of living for workers.
• The NLC has also threatened to embark on a nationwide strike if the government fails to increase the minimum wage to N50,000 per month.

Government Response:

• The Federal Government has set up a committee to review the national minimum wage, which is expected to submit its report soon.
• The Minister of Labour and Employment, Chris Ngige, has said that the government is committed to increasing the minimum wage, but that it needs to be done in a way that is sustainable and does not put undue pressure on the economy.

Other Developments:

• Some state governments in Nigeria have already increased their minimum wage above the national minimum wage of N30,000 per month. For example, the Lagos State Government has increased its minimum wage to N40,000 per month, while the Ogun State Government has increased its minimum wage to N35,000 per month.
• The increase in minimum wage has also led to a review of the salaries of civil servants in some states, with some states increasing the salaries of their civil servants to reflect the new minimum wage.

I hope this information is helpful!