FG gives important update on new minimum wage payment

The Nigerian government is planning to organize a nationwide public hearing as a step in the process of introducing a new minimum wage for workers in Nigeria.

A statement from the Federal Ministry of Finance disclosed that the public hearing would be done in the six geo-political regions of the country to gather diverse perspectives and recommendations on the new minimum wage.

The statement added that the six public hearings will hold in North-East, Yola; North-West, Kano; North-Central, Abuja; South-South, Uyo; South-East, Enugu, and South-West, Lagos on March 7, 2024.

The South-West zonal public hearing will hold in Lagos at the LTV Blue Roof Arena to be chaired by the Finance Minister and Coordinating Minister for the Economy, Mr. Wale Edun.

A diverse panel will lead the discussions including: Government representatives: Edun and Osun Governor Adeleke Ademola (representing State Governments); Employers’ representatives: Omo-Lamai Grace (Manufacturers Association) and Muhammed Nura (Nigeria Association of SMEs); Labour representatives Adeyanju Adewale (NLC) and Shuaibu Afusatu (TUC) as well as Labour and Employment Minister of State Onyejeocha Nkeiruka.

The Ministry stated that the public hearings offer a crucial opportunity for stakeholders to actively participate in shaping the national minimum wage policy by contributing their perspectives.