May 31, 2026

…Warn of Possible Collapse

By Victor Ahiuma-Young

LAGOS — Employers in the organised private sector have urged the Federal Government to urgently address rising transport costs, food inflation and housing pressures ahead of the next national minimum wage negotiations, warning that the talks may fail if underlying economic challenges are not resolved.

The Nigeria Labour Congress (NLC) and the Trade Union Congress of Nigeria (TUC) had earlier announced during the May Day celebrations that negotiations for a new minimum wage would commence in July.