The Federal Government has approved a monthly transport allowance of ₦70,000 for public service workers as part of efforts to ease the financial burden on employees amid rising transportation and living costs.
atOptions = { 'key' : 'd82664461c8ee3ad817647e671615a08', 'format' : 'iframe', 'height' : 300, 'width' : 160, 'params' : {} };
>The transport support is expected to commence in November 2026 and will run for six months, according to reports on the government's intervention.How the ₦140,000 Figure Comes In
With the existing national minimum wage standing at ₦70,000, the newly approved ₦70,000 monthly transport allowance brings the potential combined monthly support to ₦140,000 for eligible workers receiving both payments.
However, the transport allowance does not represent a new national minimum wage of ₦140,000. The existing statutory minimum wage remains ₦70,000.
FG, Labour Begin Discussions on New Minimum Wage
The Federal Government and the Nigeria Labour Congress (NLC) have also agreed to establish a committee to begin discussions on a possible review of the national minimum wage.
The discussions are expected to address workers' concerns about the increasing cost of living and the need for better wages.
The outcome of the negotiations could determine whether further adjustments to workers' salaries will be considered.
What Workers Should Know
The approved transport allowance is a temporary intervention expected to last six months, while discussions on a possible new minimum wage remain a separate process.
Workers are therefore advised to distinguish between the transport allowance and the legally established national minimum wage.</p>
The development is expected to attract further attention from workers and organised labour as implementation approaches in November.
Source: The Guardian, Punch Newspaper and Channels Television.
Follow Daily Gist & Guide for more updates on Nigeria's economy, government policies, workers' welfare and breaking news.

Comments