Tinubu’s Chief of Staff Speaks on Nigeria’s Minimum Wage, Federal Government Reopening Negotiations

Tinubu’s Chief of Staff Speaks on Nigeria’s Minimum Wage, Federal Government Reopening Negotiations

  • Femi Gbajabiamila signalled readiness to negotiate the national minimum wage amid current economic challenges
  • The minimum wage, once a milestone, now requires reassessment according to Nigeria's economic realities
  • Gbajabiamila spoke on the purported partnership between the current Nigerian government and those in paid employment

Legit.ng journalist Ridwan Adeola Yusuf has over nine years of experience covering public affairs and governance in Nigeria and Africa.

FCT, Abuja - Femi Gbajabiamila, chief of staff (CoS) to President Bola Tinubu, has signalled the present administration's readiness to reopen negotiations on the N70,000 national minimum wage.

As reported by Business Day, the former speaker of the House of Representatives stated this on Thursday, June 25, in Abuja at an event organised by Working People United.

Femi Gbajabiamila, Chief of Staff to President Bola Tinubu, speaks on the federal government's willingness to reopen negotiations on the N70,000 national minimum wage amid changing economic conditions.
Femi Gbajabiamila says the President Bola Tinubu administration is open to reopening negotiations on the N70,000 national minimum wage, citing current economic realities. Photo credit: @femigbaja
Source: Twitter

'N70,000 wage no longer realistic'

Gbajabiamila noted that the N70,000 minimum wage approved by Tinubu in 2024 no longer reflects the current economic realities in Nigeria.

He said:

“N70,000 wage, which was a milestone in 2024, must be honestly reassessed against today’s realities."

Furthermore, Gbajabiamila explained that when the time comes to begin the process of reviewing the national minimum wage, the Tinubu administration will approach it not as an adversary of the Nigeria Labour Congress (NLC), but "as a partner."

Femi Gbajabiamila says the Tinubu administration will engage the Nigeria Labour Congress as a partner, not an adversary, when discussions on reviewing the national minimum wage begin.
Gbajabiamila says the Tinubu administration will work with the NLC as a partner when the process of reviewing the national minimum wage begins. Photo credit: @femigbaja
Source: Twitter

Gbajabiamila promises fair wages

His words:

“President Tinubu has said time and again that the custodians of the nation’s machinery deserve a fair and commensurate wage, and as you all well know by now, this is the president who means precisely what he says and does exactly what he means.
“It must be said that good governance is not a performance stage by government for the benefit of a passive audience, it’s a partnership between those who govern and those who are governed.
“Nowhere is that partnership more vital than the relationship between government and the working people of Nigeria."

Nigeria's two biggest union federations, the NLC and the Trade Union Congress (TUC), argued that soaring prices and a weakening currency caused by reforms instituted by President Tinubu were hitting workers hard.

Africa's most populous nation is grappling with one of the worst cost-of-living crises in a generation, stoking fears of Kenyan-style protests that are currently rocking the East African country.

Read more on minimum wage:

Labour pushes for minimum wage increase

Earlier, Legit.ng reported that Comrade Festus Osifo, the president of the TUC, said that organised labour is pushing for an annual increase in the national minimum wage paid to workers in Nigeria.

The TUC boss stated that members of the organisation, as well as their colleagues in the NLC, have begun talks on the issue.

Source: Legit.ng

Authors:
Ridwan Adeola Yusuf avatar

Ridwan Adeola Yusuf (Current Affairs Editor) Ridwan Adeola Yusuf is a content writer with more than nine years of experience, He is also a Current Affairs Editor at Legit.ng. He holds a Higher National Diploma in Mass Communication from the Polytechnic Ibadan, Oyo State (2014). Ridwan previously worked at Africa Check, contributing to fact-checking research works within the organisation. He is an active member of the Academic Excellence Initiative (AEI). In March 2024, Ridwan completed the full Google News Initiative Lab workshop and his effort was recognised with a Certificate of Completion. Email: ridwan.adeola@corp.legit.ng.