Former Labour Party presidential candidate Peter Obi has called for an immediate review of Nigeria’s wage structure, warning that rising inflation and the continued depreciation of the naira have left many workers struggling to survive.

In a message issued on Friday to commemorate the 2026 International Workers’ Day celebration, Obi praised the contributions of Nigerian workers across various sectors but expressed concern over the worsening economic conditions affecting their standard of living.

According to him, the current minimum wage no longer reflects the realities of the country’s economy, as soaring food prices and inflation continue to erode workers’ purchasing power.

“It is painful that many Nigerians who work tirelessly every day to teach, heal, farm, build, and protect the nation are still unable to live with dignity,” Obi said. “When workers suffer, the country suffers.”

The former Anambra State governor stressed the need for urgent reforms aimed at improving workers’ welfare and restoring economic stability.

He advocated for a wage system that reflects current economic realities, arguing that salaries should be regularly adjusted to match inflation and protect workers from declining living standards.

Obi also called for greater investment in human capital development, urging government authorities to focus more on productivity, skills development, and economic empowerment rather than excessive consumption.

His comments come amid growing concerns from labour unions over the impact of inflation on Nigerian workers. Although the national minimum wage was increased to ₦70,000 in 2024, many economic analysts and labour leaders argue that the figure has lost significant value due to rising living costs across the country.

The former presidential candidate further urged Nigerians to demand accountability and responsible leadership, insisting that sustainable economic progress can only be achieved through competent governance and policies that prioritize the welfare of citizens.

Political observers believe Obi’s renewed focus on workers’ welfare could play a significant role ahead of the 2027 general elections, particularly among young Nigerians and organized labour groups.

Meanwhile, the administration of President Bola Ahmed Tinubu has maintained that workers’ welfare remains a priority, with government officials continuing discussions around economic reforms and labour-related policies.

As Nigerians marked Workers’ Day nationwide, many workers renewed calls for improved salaries, better working conditions, and stronger economic protections amid ongoing financial hardship.