FG to review N70,000 minimum wage - Gbajabiamila
The Nigerian government has announced plans to review the current N70,000 national minimum wage to better align with rising living costs. Chief of Staff Femi Gbajabiamila emphasized that the administration intends to work as a partner with labor unions to ensure wages keep pace with economic realities.
Why it matters
This policy shift directly impacts the purchasing power and economic stability of millions of Nigerian workers amidst ongoing inflation.
ABUJA The Federal Government has signalled plans to review the national minimum wage, stating that the current N70,000 benchmark no longer reflects prevailing economic realities.
The article reports on government statements and labor relations without taking a partisan stance on the economic policy.
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