Nigeria sets up committee on minimum wage
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Nigeria Sets Up Committee on Minimum Wage
The Nigerian government has established a committee to review and adjust the national minimum wage. The committee, which is chaired by the Minister of Labour and Employment, Chris Ngige, is tasked with determining a new minimum wage for Nigerian workers.
The committee is composed of representatives from the government, labor unions, and the private sector. Its members include:
- Minister of Labour and Employment, Chris Ngige (Chairman)
- Minister of Finance, Budget and National Planning, Zainab Ahmed
- Minister of State for Labour and Employment, Festus Keyamo
- President of the Nigeria Labour Congress (NLC), Ayuba Wabba
- President of the Trade Union Congress (TUC), Quadri Olaleye
- Representatives from the private sector, including the Manufacturers Association of Nigeria (MAN) and the Nigerian Employers' Consultative Association (NECA)
The committee is expected to submit its report and recommendations to the government within six weeks. The new minimum wage is expected to take effect from January 2023.
The review of the minimum wage is long overdue, as the current minimum wage of N18,000 (approximately $50) per month has not been increased since 2011. The committee's recommendations are expected to address the rising cost of living in Nigeria and ensure that workers are able to earn a decent living.
The establishment of the committee is a significant step towards addressing the concerns of Nigerian workers and ensuring that they are fairly compensated for their labor.