The Fight for Minimum Wage in Nigeria; Balancing Worker Welfare and Economic Realities

This paper explores the sustainability of minimum wage policies in Nigeria, examining their evolution, socio-economic impact, and implementation challenges. It highlights the benefits of wage increases, such as poverty alleviation, and drawbacks like inflation and fiscal constraints. The paper advocates for a balanced approach, including decentralized policies, private sector growth, and governance reform, with recommendations aimed at aligning wage policies with Nigeria’s economic realities for sustainable development.