Stella Dimoko Korkus.com: Nigerian Govt Moves To Review N70,000 Minimum Wage Over Rising Economic Hardship

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Friday, June 26, 2026

Nigerian Govt Moves To Review N70,000 Minimum Wage Over Rising Economic Hardship

The Federal Government of Nigeria has indicated plans to review Nigeria’s national minimum wage, saying the current N70,000 benchmark no longer reflects the country’s economic realities.


Officials say rising inflation and the cost‑of‑living crisis have made the existing wage unsustainable, prompting fresh consultations on a possible upward adjustment.
The government is expected to engage labour unions and key stakeholders as discussions progress.
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7 comments:

  1. Miss Ess26 June 2026 at 10:10

    Ver very necessary

    ReplyDelete
    Replies
    1. Anonymous26 June 2026 at 16:58

      Permit me to explain, the increment of salaries? NOT needed, yes it may seem good for the people, but increasing to 70k in the first place was a wrong move economically for Nigeria and Nigerians, Nigerians need a worthy naira note, were receiving 100k places you as a good earner, and where knorr ,refill milk is 320 -350, 12.5kg cooking gas is 3k, soda plastic bottle is 80box, rent at 250k gets you a nice apartment with 2 in 1 compound and student fridge is 12k and the best set of phones are just 150k again, we need VALUE for our naira, not salary increments which would further devalue the naira which automatically suits the politicians who embezzled money in dollars and then when certain things(gold) are sold in our country in dollars which is not our currency, we start complaining about the vendors. Naira needs VALUE.
      Sorry I couldn't be brief.
      Naomi.

      Delete
  2. Lora26 June 2026 at 10:16

    Increase and pay!

    ReplyDelete
  3. Teacher Nk26 June 2026 at 10:29

    Cost of Living keeps rising by the day 🤧

    ReplyDelete
  4. excited courtesy26 June 2026 at 15:38

    they should better do something so quickly.

    ReplyDelete
  5. MichoHay26 June 2026 at 15:50

    After the review the cost of things will automatically go up. That has been the Nigerian system.

    ReplyDelete
  6. vareyB26 June 2026 at 23:47

    what we need is for naria to have value not increment in salary cos that just raises inflation as usual..

    ReplyDelete

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