By Ahmed Yusuf, Abuja

National News – The Federal Government has indicated that it will review the current N70,000 national minimum wage, acknowledging that rising inflation and the increasing cost of living have reduced its value.

Chief of Staff to the President, Femi Gbajabiamila, disclosed this on Thursday during the Good Governance Summit 2026 organised by Working People United (WoPU) in Abuja.

Gbajabiamila said the Tinubu administration remains committed to ensuring that workers’ wages reflect prevailing economic conditions. He recalled that the N70,000 minimum wage, signed into law in July 2024, more than doubled the previous N30,000 benchmark and was accompanied by a reduction in the wage review cycle from five years to three years.

According to him, the shorter review period was designed to enable wages keep pace with changing economic realities.

“The N70,000 minimum wage represented a major milestone when it was introduced, but current realities require an honest reassessment. When the review process begins, the Federal Government will engage organised labour as a partner rather than an adversary,” he said.

He urged labour unions to sustain constructive dialogue with government, stressing that collaboration would produce better outcomes for workers and the economy than confrontation.

Also speaking at the summit, the Minister of Labour and Employment, Muhammad Dingyadi, said the success of government policies should be measured by their impact on the welfare of workers and ordinary Nigerians.

He noted that governance should not be judged solely by policy documents or official pronouncements, but by tangible improvements in livelihoods, employment opportunities, productivity, social protection and the dignity of working people.

National Coordinator of Working People United, Williams Akporeha, described workers as the backbone of Nigeria’s economy, saying national development and productivity depend largely on the contributions of the workforce.

He said the summit provided a platform for workers from different sectors to unite in pursuit of policies that would strengthen the economy and improve citizens’ welfare.

The planned review comes amid growing calls from labour groups and civil servants for a further upward adjustment of wages to cushion the effects of inflation and the rising cost of living.