Nigerian govt announces period for next minimum wage increase
The Nigerian government has declared that the lowest pay permitted by law would be surveyed on a two-year stretch rather than five years.
The Clergyman of State for Work and Business, Nkeiruka Onyejeocha, said the base audit course of events is in accordance with President Bola Tinubu’s obligation to his guarantee to Nigerian laborers by guaranteeing the lowest pay permitted by law was explored following three years.
“We won’t permit the lowest pay permitted by law survey to be until the end of time.
“It used to be around five years, yet presently, in three years’ time, which is under two years, we will likewise audit the lowest pay permitted by law,” Onyejeocha said.
Last year Tinubu had endorsed a N70,000 the lowest pay permitted by law, with a guarantee to survey it at regular intervals.
In any case, Nigeria’s rising expansion, which remained at 34.60 percent in November 2024, had affected the lowest pay permitted by law increment.
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