By Gwurld4026 
New Minimum Wage Increase Announced: Key Dates by Nigerian Government
The Nigerian government has announced plans to review and increase the minimum wage in the near future, with a proposed timeline for the next wage adjustment.
While exact details are still being finalized, it is expected that the government will conduct a review and determine the new wage structure in the first quarter of 2025.
The move comes as part of efforts to address inflation and improve the purchasing power of workers, especially in light of rising living costs in Nigeria.
The National Salaries, Incomes and Wages Commission is likely to be involved in setting the new wage, with consultations involving labor unions, employers, and other stakeholders.
Labor unions have been advocating for a higher minimum wage to cope with the economic challenges many Nigerians are facing. The new wage adjustment is anticipated to be a significant part of the government’s policy focus in the coming months.