On Wednesday, Chris Ngige, the Minister of Labour and Employment, encouraged the new administration of President-Elect Bola Ahmed Tinubu to reconsider the country’s current minimum wage of N30,000.
According to Ngige, Nigeria’s minimum wage should be reassessed every five years to reflect the country’s current standard of living.
Appearing on Channels Television’s Politics Today, the minister also stated that he would include in his handover notes that discussions over the minimum wage should begin as soon as the next government is sworn in in May 2023.
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Ngige said, “It’s a tripartite negotiation involving the public sector, private sector and state governments. We are entrenched in that bill or law that minimum wage will now have an automaticity of review every five years.
“So, I am envisaging that as from May 2023, the government will empanel the new minimum wage review committee for the nation.
“In my handover note which I’m going to hand over to the transition committee and the next government, I’m recommending that the discussions start anytime from May 2023.”
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