NECA warns govt against unrealistic wage increase

From Adanna Nnamani, Abuja
Amid renewed calls for higher salaries, the Nigeria Employers’ Consultative Association (NECA) has warned that unrealistic minimum wage increases could undermine business sustainability, weaken compliance and threaten employment.
It urged stakeholders to consider prevailing economic conditions and productivity in determining workers’ remuneration.
The Director-General of NECA, Mr Adewale-Smat Oyerinde, gave the warning in a goodwill message at the 2026 Annual Labour Conference of the Labour Correspondents’ Association of Nigeria (LACAN), held under the theme “The Future of Work: Minimum Wage, Economic Reforms and the 2027 Elections”, in Abuja on Thursday. ...