By Joy Yesufu
The organised labour movement, comprising the Nigeria Labour Congress (NLC) and the Trade Union Congress (TUC), has announced plans to commence negotiations for a new national minimum wage in July 2026.
Labour leaders disclosed this during a joint press conference held on the sidelines of the 114th International Labour Conference in Geneva, Switzerland.
The unions noted that growing economic realities and the rising cost of living have reinforced concerns over the adequacy of the current N70,000 national minimum wage.
According to the labour leaders, several state governors have acknowledged that the existing wage structure is increasingly unable to meet the basic needs of workers.
However, they cautioned against unilateral pronouncements on a new wage figure, insisting that any review must follow the established tripartite negotiation process involving organised labour, government and employers.
The labour representatives stressed that wage determination should be guided by dialogue, consensus and prevailing economic conditions rather than arbitrary decisions.
They also urged federal and state governments to prioritise the settlement of outstanding gratuity arrears owed to retirees, describing the delays as a major source of hardship for many former public servants.
The labour unions reaffirmed their commitment to constructive engagement with relevant stakeholders as discussions on a new wage framework begin.
They expressed optimism that the forthcoming negotiations would produce a fair and sustainable minimum wage capable of improving workers’ welfare while supporting economic stability.
The planned talks come amid mounting concerns over inflation, rising transportation costs and increasing living expenses, which have significantly eroded the purchasing power of workers across the country.
