Federal Government Assures Nigerian Workers: New Minimum Wage Effective May 1, 2024

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Addressing Nigerian workers at the May Day celebration in Abuja, the Minister of State for Labour, Nkeiruka Onyejeocha, assured workers that despite ongoing negotiations by the Tripartite Committee On National Minimum Wage, the new minimum wage will take effect from May 1, 2024.

 Onyejeocha emphasized that although the negotiations are yet to conclude, workers will not incur any losses. 

She acknowledged the delay in finalizing the new minimum wage but assured that consultations are underway to expedite the process. 

The Nigeria Labour Congress (NLC) and the Trade Union Congress (TUC) have been advocating for an upward review of wage awards, citing economic realities and the high cost of living in Nigeria.

 The labour unions have demanded N615,000 as the new minimum wage, emphasizing that the current wage of N30,000 is insufficient to meet the needs of the average Nigerian worker. 

They lamented that not all governors are adhering to the current wage award, which expired in April, five years after the Minimum Wage Act of 2019 was signed by former President Muhammadu Buhari.

 This Act mandates a review every five years to align with the economic demands of workers.

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