Cost of Living: Labour to renegotiate ₦70,000 minimum wage Despite the implementation of the national minimum wage across the 36 states and the Federal Capital Territory (FCT), stakeholders and labour unions have raised concerns about the cost of living in the country, insisting that many workers will be unable to feed their families. This comes as states set the average floor wage at ₦73,471.43, according to national analysed data. The mean of states’ minimum wage is ₦3,471.43 or five per cent higher than the legislated wage peg. Akwa Ibom, Bayelsa, Delta, Enugu,...