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FG may review minimum wage amid economic strain

Gbajabiamila confirms minimum wage review plan

admin by admin
June 26, 2026
in Economy, Human Interest, News, Politics
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Chief of Staff to the President, Femi Gbajabiamila

Chief of Staff to the President, Femi Gbajabiamila

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Chief of Staff to the President, Femi Gbajabiamila, has hinted that the federal government will review the minimum wage of government workers to match up with the current economic situation in Nigeria.

Gbajabiamila spoke during a submit in Abuja where he said the government has identified that the current N70,000 minimum wage was no longer sustainable amid the present realities faced by Nigerians.

He said the N70,000 wage, which was a milestone in 2024, must be honestly reassessed against today’s realities, hence, “this administration will approach that endeavor not as an adversary of labour, but as a partner”.

“N70,000 wage, which was a milestone in 2024 must be honestly reassessed against today’s realities,” he said.

Gbajabiamila said the present administration “had delivered a new national minimum wage. In July 2024 President Bola Tinubu signed into law a minimum wage of N70,000, with more than double the 30,000 naira that workers had endured for years and recognizing 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 former lawmaker added: “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 endeavor not as an adversary of Labor, but as a partner.

“President Tinubu has said time and again that the custodians of the nation’s machinery deserve a fair and commensurate wage, and as you all well know by now, this is the president who means precisely what he says and does exactly what he means.

Also Read: Workers reject N100,000 minimum wage proposal

“It must be said that good governance is not a performance stage by government for the benefit of a passive audience, it’s a partnership between those who govern and those who are governed.

“No where is that partnership more vital than the relationship between government and the working people of Nigeria.

“It is with this understanding in mind that I ask the leaders of organized labour and the members of working people united to remain what you have so often been at your finest, partners in progress rather than antagonist in perpetuity, let us choose to dialog over disruption, because as we have proved again and again, we achieve far more when we visit together than when we retreat, retreat to our separate corners.”

Nigeria’s current minimum wage was signed into law in July 2024 with an original three-year review cycle, which the Federal Government adjusted in January 2025 to a biennial review framework, making 2026 the next review point.

 

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Tags: Chief of Staff to the PresidentFemi GbajabiamilaMinimum wagePresident Bola Tinubu
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