Lagos State Governor Babajide Sanwo-Olu has announced that the state is ready to pay N85,000 as minimum wage to workers in the state and also hopes to increase it to N100,000 by January 2025.
The new minimum wage in the state is N15,000 higher than what the federal government announced in July.
“I am glad to let you know that the minimum wage for Lagos, which we discussed with our union, is N85,000,” Mr Sanwo-Olu said.
SUPPORT NOW x Do this laterMinimum wageFollowing months of pressure from the labour unions, the administration of President Bola Tinubu in July increased the minimum wage to N70,000, a 43 per cent increase from the previous wage of N30,000.
Before the announcement of the minimum wage, the Nigeria Governors Forum issued a statement in June warning that even N60,000 as the minimum wage was “not sustainable and cannot fly.”If paid at all, they argued that all their monthly disbursements from the Federation Accounts Allocation Committee (FAAC) would be utilised in the payment of salaries, with nothing left for socio-economic development.
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