The Federal Government has signalled plans to review the national minimum wage. Chief of Staff to the President, Femi Gbajabiamila, recently had his say at the Good Governance Summit 2026 organised by Working People United (WoPU) in Abuja.
Admitting that the current N70,000 benchmark no longer reflects prevailing economic realities, Gbajabiamila stated that Tinubu’s government recognises the fact that the cost of living continues to rise and workers deserve wages that keep pace with economic conditions.
He concluded by urging organised labour to sustain dialogue with government, stressing that cooperation rather than confrontation would deliver better outcomes for workers and the economy.
His words, “This administration has delivered a new national minimum wage. In July 2024 President Bola Tinubu signed into law a minimum wage of N70,000 naira, with more than double the N30,000 naira that workers had endured for years and recognising that the cost of living does not stand still, the President reduced the strategic review cycle from five years to three years, so that wages may keep closer pace with economic reality.
The N70,000 wage, which was a milestone in 2024 must be honestly reassessed against today’s realities, and I can confirm to you that when the time comes to begin the process of reviewing the national minimum wage, this administration will approach that endeavour not as an adversary of labour, but as a partner.”
WOW.
