The Federal Government has emphasized that employers who fail to comply with the new minimum wage of N70,000 will face legal penalties, including potential jail time.
This mandate aims to address the pressing economic challenges in Nigeria and ensures that no worker—public or private—earns less than this amount. Kachollom Daju, Permanent Secretary of the Ministry of Labour and Employment, reinforced that adherence to the minimum wage is now legally required, with strict enforcement measures in place. He urged private employment agencies to incorporate this wage into their contracts to protect workers. However, Dr.
Olufemi Ogunlowo, President of the Employers Association for Private Employment Agencies of Nigeria, called for clarification on whether the N70,000 figure is net or gross, highlighting the need for clear guidelines to avoid confusion.
Funmilayo Sessi, Chairperson of the Lagos State chapter of the Nigeria Labour Congress, pointed out that while the N70,000 minimum wage is a step forward, it may still fall short given current economic conditions.
She affirmed the NLC’s commitment to ensuring compliance with the minimum wage across the private sector.