The Federal Government has initiated a nationwide review of the minimum wage.

A statement from the Federal Ministry of Finance on Monday said the essence of the public hearing is to gather diverse perspectives and recommendations.

The six public hearings will hold in North-East, Yola; North-West, Kano; North-Central, Abuja; South-South, Uyo; South-East, Enugu, and South-West, Lagos  on March 7, 2024.

The South-West zonal public hearing will hold in Lagos at the LTV Blue Roof Arena to be chaired by the Finance Minister and Coordinating Minister for the Economy, Mr. Wale Edun.

A diverse panel will lead the discussions including: Government representatives: Edun and Osun Governor Adeleke Ademola (representing State Governments); Employers’ representatives: Omo-Lamai Grace (Manufacturers Association) and Muhammed Nura (Nigeria Association of SMEs); Labour representatives Adeyanju Adewale (NLC) and Shuaibu Afusatu (TUC) as well as Labour and Employment Minister of State Onyejeocha Nkeiruka.

The public hearings offer a crucial opportunity for stakeholders to actively participate in shaping the national minimum wage policy.By contributing their perspectives, they can help ensure the new policy balances the well-being of workers with the nation’s overall economic health.

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