FG announces new minimum wage effective from May 1, 2024

new minimum wage

New wage, effective from May 1, 2024, announced by the FG.

New minimum wage; During the May Day celebration in Abuja on Wednesday, Nkeiruka Onyejeocha, the Minister of State Labour, made this statement to the Nigerian workforce.

She regrets the delayed release of the new minimum wage, assuring ongoing consultations for its prompt availability.

TUC and NLC urge President Tinubu’s administration to promptly raise salary awards, emphasizing the need for an upward review.

Nigeria’s Organised Labour demands a minimum wage hike to N615,000 to address economic challenges and high living costs.

Labor unions criticized governors for not fully implementing the current wage, expired since April, citing N30,000’s inadequacy for workers.

Every five years, the Act is to be revised in order to ensure that it still meets the modern economic needs of workers.

Tinubu Applauds Workers in Nigeria

President Tinubu, meanwhile, has praised Nigerian workers’ contributions to the development of their nation.

At an Abuja event for Workers’ Day 2024, he thanked workers, conveyed by Vice President Kashim Shettima during his address.

He said that the committee’s proposals about a new national minimum wage are open for receipt by the federal government.

He gave his word that the current administration’s reform plan is focused on Nigeria’s advancement.

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