Gbajabiamila: N70,000 Minimum Wage Unsustainable in Nigeria

Femi Gbajabiamila, during the Good Governance Summit 2026 in Abuja, declared that the current minimum wage of N70,000 is no longer sustainable given the prevailing economic realities in Nigeria. He emphasized the need for an honest reassessment of the wage, which is set to be reviewed by July 2024.

President Bola Tinubu is expected to sign a new law that will address the minimum wage, which has remained unchanged for years despite rising living costs. Gbajabiamila noted that the administration aims to work collaboratively with labor partners rather than adversarially.

He also mentioned that the government would implement policies effectively to improve workers' livelihoods, moving beyond mere written documents. Mohammad Dingyadi, the Minister of Labor and Employment, and William Akporeha, the national coordinator of Wopu, echoed the sentiment that no nation can develop without effective work policies that support the workforce.