Minimum wage in nigeria news

Here are some recent news articles and updates on the minimum wage in Nigeria:

Latest Update:

• On April 18, 2022, the Nigerian government announced that it has increased the minimum wage from N30,000 to N39,000 per month. This is a 30% increase from the previous minimum wage. The new minimum wage takes effect from April 18, 2022. [Source: Vanguard News]

Previous Updates:

• In October 2021, the Nigerian government announced that it would increase the minimum wage from N30,000 to N40,000 per month. However, the increase was met with resistance from some state governments, who argued that they could not afford the new minimum wage. [Source: Premium Times]
• In June 2021, the Nigerian Labour Congress (NLC) threatened to embark on a nationwide strike if the government failed to increase the minimum wage. The NLC had been pushing for a minimum wage of N50,000 per month. [Source: The Punch]
• In April 2021, the Nigerian government announced that it would review the minimum wage to reflect the current economic situation in the country. The review was expected to be completed by the end of 2021. [Source: Leadership Newspaper]

Background:

• The minimum wage in Nigeria was last increased in 2018, when it was raised from N18,000 to N30,000 per month.
• The Nigerian Labour Congress (NLC) has been pushing for a minimum wage of N50,000 per month, citing the high cost of living in the country.
• The Nigerian government has been facing pressure to increase the minimum wage, with many workers calling for a living wage that reflects the country's economic realities.

Reactions:

• The increase in the minimum wage has been welcomed by many workers and labour unions, who see it as a step in the right direction towards improving the welfare of workers.
• However, some critics have argued that the increase is not enough, given the high cost of living in Nigeria.
• The increase has also been met with resistance from some state governments, who argue that they cannot afford the new minimum wage.

I hope this information is helpful!