The National Salaries Incomes and Wages Commission (NSIWC) says it has begun plans to review the national minimum wage.
This was disclosed in a statement by the NSIWC’s Head of Public Affairs, Mr Emmanuel Njoku, on Sunday in Abuja.
He disclosed part of the process to review the minimum wage, which would be due in 2024, is that the commission had held a series of meetings and training towards nationwide monitoring of the Minimum Wage Act 2019.
He said the monitoring billed to begin on Jan. 23, would help ascertain the compliance level of public and private employers and organisations.
According to him, the monitoring team will among other things inquire if employers keep adequate records of wages and conditions of service of employees.
“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 (FCT),” he said.