Monday, March 10, 2025

Minimum Wage: Committee Awaits Presidential Review

The Tripartite Committee on National Minimum Wage in Nigeria has concluded its deliberations and officially submitted its report to the Secretary to the Government of the Federation (SGF) on Monday. Segun Imohiosen, the SGF’s Director of Information and Public Relations, confirmed the submission, noting that the report’s formal presentation to President Bola Tinubu is pending, awaiting the return of key stakeholders from the International Labour Organisation (ILO) Conference in Geneva, Switzerland.

The committee, chaired by Bukar Goni Aji, was appreciated by the SGF for their dedication throughout the process. Established by President Tinubu on January 30, 2024, the 37-member committee was tasked with defining a new national minimum wage for both public and private sector workers, under the mandate of the Minimum Wage Act, 2019.

After months of intense negotiations involving the Government, organised labour, and the private sector, a figure of N62,000 was proposed as the new national minimum wage—a recommendation that will be included in the report for President Tinubu’s consideration. This proposal significantly diverges from the labour unions’ initial ask of N494,000, later adjusted to N250,000.

READ MORE: Multichoice Challenges Tribunal’s Ruling Over Accused Unfair Pricing Practices

The news comes amidst assertions from the Nigeria Governors’ Forum (NGF) that the previously contemplated N60,000 minimum wage is financially unfeasible for many states, warning of potential constraints on infrastructure and service delivery projects.

However, labour representatives remain steadfast in their demands. Chris Onyeka, Assistant General Secretary of the Nigeria Labour Congress (NLC), strongly articulated the labour movement’s stance, emphasizing the inadequacy of the N62,000 proposal and underscoring the N250,000 figure as reflective of the current economic realities faced by Nigerian workers.

With the committee’s recommendations now with the SGF, and anticipated to be in the hands of President Tinubu shortly, the next steps involve an executive bill being drafted for the National Assembly’s consideration. The process’s outcome is keenly awaited, with implications that span the breadth of Nigeria’s economy and the well-being of its workforce.

Hot this week

Lesotho’s Foreign Minister Slams Trump’s ‘Insulting’ Remark, Invites Him to Visit

Lesotho's foreign minister, Lejone Mpotjoane, has condemned recent remarks...

Katsina spends over N36bn on fertilizer, farm equipment in 2024

Katsina State invested over N36 billion in its agricultural...

Coffee Market Faces Crisis Amidst Soaring Prices

Global coffee trade is facing unprecedented turmoil as Arabica...

South African Mother on Trial for Selling Daughter Sparks National Outrage

A South African mother accused of kidnapping and selling...

Farewell to a Legacy: African Leaders Honour Namibia’s Founding Father Sam Nujoma

African leaders, past and present, gathered in Namibia on...

UN Allocates $110 Million to Overlooked Crises as Aid Cuts Deepen

The United Nations has allocated $110 million to address...

‘We Won’t Tolerate Poor Quality’: FG Warns Developers on Housing Projects

'The Federal Government has issued a stern warning to...

Cost of Governance: Nigerian MDAs, Presidency Spend N1.9bn on France Trips Amid Economic Strain

Nigerian ministries, departments, and agencies (MDAs), along with the...

Nigerian Air Force of Deliberately Refused to Settle N4.34 Billion Electricity Debt – Discos

The Association of Nigerian Electricity Distributors (ANED) has accused...

Afreximbank Projects Africa’s Inflation Rate to Decline to 7.2% in 2025

Africa’s inflation rate is set to fall from 8.6%...

FG Steps In as Female Coalition Vows to Protest Natasha’s Suspension

The Federal Government (FG) has intervened in the ongoing...

Discipline Debate: Experts Oppose Lagos’ Ban on Corporal Punishment

Lagos State’s decision to ban corporal punishment in schools...

NADDC Launches Electric Bus Contest for Nigerian Universities to Boost Local Innovation

The National Automotive Design and Development Council (NADDC) has...

Related Articles

Popular Categories