On January 23, the National Salaries, Incomes, and Wages Commission (NSIWC) will begin reviewing the national minimum wage.
Recall that in 2019, President Muhammadu Buhari ratified the minimum wage act, which established N30,000 for state and federal employees.
However, spokesperson for the NSIWC, Emmanuel Njoku, stated that a series of training sessions and meetings in preparation for nationwide monitoring of the act led them to the decision to review the national minimum wage.
“The exercise will enlighten the public and private employers and organisations on the economic benefits of adhering to the payment of the national minimum wage.
“It will also help in obtaining baseline data on remuneration policies and practices of private sector organisations to enrich the commission’s data bank on staff compensation.
“The monitoring exercise will cover the 36 states of the federation including the federal capital territory.”