Workers in Nigeria will be in joy if the government will announce a new minimum wage on Workers Day, May 1. Will that happen?

Even if that is not happening, one thing that will happen is that there will be a new minimum wage soon, as indicated by the Speaker of the House of Representatives, Mr Yakubu Dogara.

Mr Dogara  on Sunday emphasised the commitment of the National Assembly to passing a new minimum wage bill.

In a statement to mark the 2017 Workers’ Day, Dogara said the parliament had resolved to enact new minimum wage bill for Nigerian workers.

The speaker highlighted that increasing workers’ salary had become necessary in view of the current inflation, Naira devaluation and rising cost of living in the country that is in recession.

“I wish to congratulate the entire Nigerian workers as they join their counterparts all over the world in commemorating the International Workers’ Day.

“While commending you for your sacrifice and commitment to the service and building of the nation, I wish to assure you that the National Assembly and in particular, the 8th House of Representatives remains committed to the passage of the National Minimum Wage Bill when presented by the Executive.

“We are committed to initiating other laws and legislative interventions that will promote the welfare and wellbeing of Nigerian Workers.”

The Reps helmsman, however, enjoined the country’s labour force to rededicate themselves to duty and support government’s laudable policies and programmes.

Labour unions in Nigeria have requested for 56,000 Naira as the new minimum wage, insisting that the increment was long overdue. The last time there was an increment was in 2011.

At the moment, the minimum wage is 18,000 Naira which is a little above the price of a bag of rice in Nigeria.

The demand is coming at a time that reduced allocation to state government has boxed states to the corner, with most of them not able to pay workers’ salaries.

The Federal Government has intervened several times, offering more funds to the state governments to enable them meet salaries payment.

The recession that the nation's economy slipped into in the second quarter of 2016 has depleted the income of workers further.

An increment at this time will be a succour to to them and cushion the effect of the recession.