May 9, 2025
Lagos, Nigeria
Economy

Labour Unions Call for Urgent Wage Review as Inflation Erodes Earnings

As Nigeria commemorates International Workers’ Day on May 1, 2025, labour unions nationwide have renewed calls for an urgent review of the ₦70,000 minimum wage, citing the escalating cost of living and inflation that have rendered current earnings insufficient.

The Nigeria Labour Congress (NLC) and the Trade Union Congress (TUC) have expressed concerns over the deteriorating economic conditions affecting workers. They argue that the removal of fuel subsidies, naira devaluation, and rising inflation have significantly diminished the purchasing power of the average Nigerian worker. In various states, labour leaders have highlighted the struggles faced by workers in meeting basic needs, with some resorting to additional jobs to supplement their income.

In response to these concerns, Senate President Godswill Akpabio has acknowledged the challenges faced by Nigerian workers and assured that both the legislative and executive arms of government are committed to addressing their grievances. He emphasized the importance of collaboration to create opportunities for growth and prosperity, stating that no Nigerian worker would be victimized under the current administration.

The NLC has also criticized the government’s delayed implementation of promised palliatives, such as introducing Compressed Natural Gas (CNG) buses to alleviate transportation costs. Additionally, they have called for tax reforms to ease the burden on low-income earners and demanded uniform implementation of wage agreements across all states.

As the nation reflects on the contributions of its workforce, labour unions urge the government to take immediate action to improve the living conditions of Nigerian workers, emphasizing that a living wage is essential to ensure their well-being and productivity.

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