New minimum wage to take effect from May 1, says FG

The federal government has assured civil servants that the implementation of a new national minimum wage will take effect from May 1, 2024.

Nkeiruka Onyejeocha, minister of state for labour and employment, said this in Abuja on Wednesday during the Workers’ Day commemoration.

The minister recalled that on January 30, the federal government inaugurated a 37-member tripartite committee on national minimum wage to enhance the welfare of workers.

She said this committee was tasked with recommending a national minimum wage that aligns with current economic realities.

“Since then, the committee has been working tirelessly alongside labour leaders to reach an agreement on a new national minimum wage that reflects the country’s economic realities,” the minister said.

“Although the committee could not reach a consensus at its last meeting before the May deadline.

“We want to reassure Nigerian workers that we are working diligently round the clock with organised labour to conclude negotiations and ensure a successful outcome.

“Our commitment is unwavering and the Nigerian workers should rest assured that in spite of the short delay, the new minimum wage will take effect on May 1, 2024.”

Onyejeocha said government is receptive to the committee’s suggestion of transitioning beyond a mere minimum wage to a living wage.

She said the goal is to guarantee that every worker gets a reasonable living wage that will enable them support their families, live dignified lives, and help the economy flourish.

“This is because every worker deserves to work in an environment free from exploitation, discrimination, and oppression,” the minister continued.

“We must, therefore, strive to create workplaces that foster dignity, respect, job security and inclusivity for all.”

She stated that poverty is a pressing issue that requires collaborative effort from all stakeholders.

“Rest assured that this government empathises with the struggles of workers and citizens and will not falter in its commitment to their well-being,” she added.

“I urge organised labour to foster a conducive environment that promotes constructive engagement and collaborative problem-solving for the benefit of all stakeholders and the nation as a whole.”