Labor Groups Seek Higher Minimum Wage Amid Soaring Prices, But Employers and State Governments Urge Caution

NLC president proposed N1 million minimum wage if naira value keeps falling. Government says it will make a reasonable decision considering available resources.

Ekiti, Sokoto, and other states say N1 million minimum wage is unrealistic and negotiation is needed based on economic realities.

Food and commodity prices are very high, making previous minimum wage demands inadequate per labor unions.

Employer groups say economic factors like forex rates, inflation, company abilities to pay should shape wage decisions.

State governments say they are open to negotiations but N1 million minimum wage would be impossible to pay.