Gbajabiamila: N70,000 Minimum Wage Needs Review

Femi Gbajabiamila, the Chief of Staff to President Bola Tinubu, announced that the current minimum wage of N70,000 does not adequately reflect the economic realities in Nigeria. Speaking at the Good Governance Summit 2026 in Abuja, he indicated that the federal government is prepared to embark on an upward review of the minimum wage.

This review is expected to be initiated when the time is appropriate, with the aim of ensuring that wages keep pace with economic conditions. President Bola Tinubu is anticipated to sign a new law establishing the minimum wage at N70,000, which is double the previous amount of N30,000, by July 2024.

Gbajabiamila emphasized the importance of dialogue between the government and labor organizations, stating that a collaborative approach is essential for progress. He also noted that effective governance must translate into improved livelihoods for Nigerian workers, highlighting the critical role of labor in national development.