Chief of Staff to the President, Femi Gbajabiamila, has disclosed that the Federal Government is considering a review of minimum wage in response to current economic realities.
Gbajabiamila made the announcement on Thursday in Abuja during an event organised by Working People United.
According to him, the N70,000 minimum wage approved by President Bola Tinubu’s administration in 2024 may no longer reflect the current cost of living in the country.
“N70,000 wage, which was a milestone in 2024, must be honestly reassessed against today’s realities,” he said.
The former Speaker of the House of Representatives stated that the government would work closely with organised labour when the process of reviewing the national minimum wage begins.
“I can confirm to you that when the time comes to begin the process of reviewing the national minimum wage, this administration will approach that endeavour not as an adversary of Labour, but as a partner.
“President Tinubu has said time and again that the custodians of the nation’s machinery deserve a fair and commensurate wage, and as you all well know by now, this is the president who means precisely what he says and does exactly what he means.
“It must be said that good governance is not a performance stage by government for the benefit of a passive audience, it’s a partnership between those who govern and those who are governed.
“No where is that partnership more vital than the relationship between government and the working people of Nigeria.
“It is with this understanding in mind that I ask the leaders of organized labour and the members of working people united to remain what you have so often been at your finest, partners in progress rather than antagonist in perpetuity, let us choose to dialog over disruption, because as we have proved again and again, we achieve far more when we visit together than when we retreat, retreat to our separate corners.”
Gbajabiamila stressed the importance of cooperation between the government and workers, urging both sides to embrace dialogue and partnership in addressing the nation’s challenges.
