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National Minimum Wage Act 2024

POLICY ID
NDD-POL-007

POLICY TYPE

Law

CURRENT STAGE

Operational

Minimum Wage and Worker Support

The 2024 national minimum wage legislation established a new statutory minimum wage of ₦70,000 per month and provided for a review framework.
THE DELIVERY CHAIN

A Decision Is Only The Beginning.

Follow each policy through the stages that separate a public announcement from measurable delivery.

01

Announced

A public commitment or policy direction has been stated.

02

Approved

The relevant executive, legislative or administrative authority has acted.

03

Funded

A documented appropriation, release or financing commitment exists.

04

Implementation Started

Operational steps, procurement or physical delivery have commenced.

05

Operational

The programme, institution, system or facility is functioning.

06

Impact Verified

Outcome evidence is available beyond an announcement or output count.

DELIVERY RECORD

What happened,
and where the record stands.

Follow the documented path from the policy decision through funding, implementation and operation.

ANNOUNCEMENT DATE
18/07/2024
LEGAL / AUTHORITY BASIS
National Minimum Wage Act 2024.
FUNDING STATUS
Not Yet Funded
IMPLEMENTATION STARTED
29/07/2024
OPERATIONAL STATUS
Operational
IMPACT EVIDENCE
The Federal Government’s implementation framework for federal workers adopted 29 July 2024 as the effective implementation date. PenCom subsequently directed pension administrators to apply the ₦70,000 minimum wage in relevant retirement-benefit calculations.
CURRENT FINDING
The ₦70,000 minimum wage became law on 29 July 2024. The implementation date for the federal salary framework was also set at 29 July 2024. Actual compliance across employers and jurisdictions should be assessed separately rather than inferred solely from the legislation.
LAST REVIEWED
20260929

REVIEWER NOTE

Keep the date the Act was signed/enacted separate from earlier negotiation announcements. The Ministry of Labour’s May statement proposed retrospective effect from 1 April, but the subsequent implementation framework adopted 29 July 2024 as the effective date.
NO DEY DOUBT

Follow the record.
Check the evidence.

A policy record should show what was decided, what happened next and what evidence is available to the public.