More
    HomeNewsGovernors Reject N100,000 Minimum Wage Proposal, Suggest N70,000 Instead

    Governors Reject N100,000 Minimum Wage Proposal, Suggest N70,000 Instead

    Published on

    By Milcah Tanimu

    Governors from Nigeria’s 36 states have collectively deemed a minimum wage higher than N70,000 as unaffordable and unsustainable. Meeting under the Nigeria Governors’ Forum (NGF), they discussed the country’s economic challenges and the ongoing minimum wage debate.

    Options considered ranged from N60,000, previously offered to Labour by the Federal Government, to N70,000, currently implemented by Edo State. However, the governors failed to reach a consensus on a uniform minimum wage. They have established a committee, led by Imo State Governor Hope Uzodimma, to review these options and provide recommendations.

    Sources at the meeting revealed that the governors agreed that a N100,000 minimum wage is unfeasible, especially since some states are struggling to pay the current N30,000 wage, implemented in 2019. In fact, some states are still paying the previous N18,000 minimum wage.

    “Records show that some states are unable to afford even the N30,000 minimum wage, with only one state adopting a N70,000 wage,” a source disclosed.

    This stance aligns with a prior statement by NGF Chairman and Kwara State Governor AbdulRahman AbdulRazaq, who emphasized that states would only agree to a minimum wage that is “affordable and sustainable.”

    Meanwhile, the Presidency has denied reports claiming that Finance Minister Wale Edun proposed a new minimum wage of N105,000 to President Bola Ahmed Tinubu. Special Adviser to the President on Information and Strategy, Bayo Onanuga, clarified that no such proposal was submitted.

    Latest articles

    Panic on Mile 12-Ketu axis as armed robbers attack motorists

    Commuters travelling through the Mile 12-Ketu corridor in Lagos were thrown into panic on...

    Tear gas fired as El-Rufai supporters, protesters clash at EFCC Headquarters

    Tensions escalated at the Economic and Financial Crimes Commission, EFCC, headquarters in Abuja on...

    NELFUND Team Pays Courtesy Call on Rivers State Governor

      Shortly after his arrival in Port Harcourt, the Managing Director/Chief Executive of the Nigerian...

    Sawyerr engages Oil and Gas Poly Rector on future of industry workforce

    The Managing Director/Chief Executive of the Nigerian Education Loan Fund (NELFUND), Mr. Akintunde Sawyerr,...

    More like this

    Panic on Mile 12-Ketu axis as armed robbers attack motorists

    Commuters travelling through the Mile 12-Ketu corridor in Lagos were thrown into panic on...

    Tear gas fired as El-Rufai supporters, protesters clash at EFCC Headquarters

    Tensions escalated at the Economic and Financial Crimes Commission, EFCC, headquarters in Abuja on...

    NELFUND Team Pays Courtesy Call on Rivers State Governor

      Shortly after his arrival in Port Harcourt, the Managing Director/Chief Executive of the Nigerian...