The Federal Government has said it will review the N70,000 national minimum wage to reflect prevailing economic realities as the cost of living continues to rise across the country.
Chief of Staff to the President, Femi Gbajabiamila, disclosed this on Thursday while speaking at the Good Governance Summit 2026 organised by Working People United (WoPU) in Abuja.
According to him, the Tinubu administration remains committed to ensuring that workers earn wages that keep pace with changing economic conditions.
Gbajabiamila recalled that President Bola Tinubu signed the N70,000 minimum wage into law in July 2024, more than doubling the previous N30,000 wage. He noted that the administration also reduced the statutory wage review period from five years to three years to enable more frequent adjustments.
“The N70,000 wage, which was a milestone in 2024, must be honestly reassessed against today’s realities. I can confirm 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,” he said.
He urged organised labour to sustain constructive engagement with the government, stressing that collaboration would produce better outcomes for workers while supporting national economic growth.
Also speaking at the summit, the Minister of Labour and Employment, Muhammad Dingyadi, said the success of governance should be measured by its impact on the welfare of workers.
According to him, government policies must translate into improved living standards, decent jobs, enhanced productivity, stronger social protection and expanded economic opportunities for Nigerians.
“Governance is not merely about policies written in documents or programmes announced from government offices. The true measure of governance is the extent to which policies translate into improved livelihoods, decent work, increased productivity, social protection, economic opportunities and dignity for the working people,” the minister said.
