The Minister of State for Labour and Employment, Nkeiruka Onyejeocha, has said the new minimum wage will be reviewed in less than two years.
Onyejeocha announced this while addressing reporters after a meeting with labour leaders yesterday in Umuahia, the Abia State capital.
The minister said President Bola Ahmed Tinubu remained committed to his promise to Nigerian workers by ensuring that minimum wage was reviewed after three years.
he said the President was deeply concerned about the welfare of workers and would keep to every promise he made to them.
“We are not going to allow the minimum wage review to be forever. It used to be about five years, but now, in three years, which is less than two years, we will also review the minimum wage,” Onyejeocha said.
The minister said the promise had been made and well documented.
The News Agency of Nigeria (NAN) reports that President Tinubu approved N70,000 minimum wage in July 2024 with a promise to review it every three years.