Oghenevwede Ohwovoriole in Abuja
Chief of Staff to the President, Femi Gbajabiamila, has expressed the federal government’s readiness to embark on the upward review of the N70,000 National Minimum Wage, saying the amount no longer reflects current economic realities.
Gbajabiamila disclosed this on Thursday in Abuja at the Good Governance Summit 2026, organised by the Working People United (WoPU), with the theme, “Policies and Governance: Impact on the Working People.”
He said, “This administration has delivered a new national minimum wage. In July 2024 President Bola Tinubu signed into law a minimum wage of 70,000 naira, with more than double the 30,000 naira that workers had endured for years, and recognising that the cost of living does not stand still, the President reduced the strategic review cycle from five years to three years, so that wages may keep closer pace with economic reality.
“The 70,000naira wage, which was a milestone in 2024 must be honestly reassessed against today’s realities, and 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 endeavor not as an adversary of labour, but as a partner.
