National

Nigerian Governors Open Up on What is “Affordable and Sustainable” As Minimum Wage

Voice Air Media, VAM News Update

Governors from across the 36 states in Nigeria have said that a minimum wage higher than N70,000 is not affordable or sustainable for the states.

The governors made the remarks when they met under the Nigeria Governors’ Forum (NGF), to discuss the economic situation and the ongoing debate around the minimum wage.

They considered options ranging from N60,000, which was offered to Labour by the Federal Government before the strike, to N70,000, which is currently being paid by the Edo State Government.

Despite their efforts, they were unable to reach a consensus on a uniform amount and have instead set up a committee headed by Imo State Governor Hope Uzodimma to review the options and make recommendations.

According to sources at the meeting, the governors are in agreement that a minimum wage of N100,000 is not feasible, and some states are still struggling to pay the current minimum wage of N30,000, which came into effect in 2019.

“Records available to us indicated that some states are still paying N18,000 because they are unable to afford N30,000 (which came into effect in 2019). Only a state has adopted a N70,000 wage,” the source said.

The governors’ position is in line with a previous statement made by the Chairman of NGF and Kwara State Governor AbdulRahman AbdulRazaq, who stated that states will only agree to a minimum wage that is “affordable and sustainable”.

Meanwhile, the Presidency on Thursday denied reports that the Minister of Finance and Coordinating Minister of the Economy, Mr Wale Edun, submitted a proposal for a new minimum wage of N105,000 to President Bola Ahmed Tinubu.

NOTE: YOU can join our WhatsApp, Telegram for the news updates you need by sending your name & location to WhatsApp No. @ Wa.me/+2348111142174
PLEASE SEND STRICTLY TO WHATSAPP, DON’T SEND SMS MESSAGE OR CALL.
FOR your Advert Placement, Press Release, Press Conference, Interviews, Media & Publicity.
CONTACT VAM WHATSAPP NO. Wa.me/+2348072633727
voiceairmedia@gmail.com
PressRoom@ +2348111142174

Meanwhile, The Special Adviser to the President on Information and Strategy, Bayo Onanuga, described the reports as false, stating that the minister had not proposed any such amount.

VAM News

Recent Posts

Tragedy as 23-year-old kills father

CALABAR—Pandemonium broke out on Sunday in Ugep, Yakurr Local Government Area of Cross River State,…

1 hour ago

FG directs states to share electricity subsidy cost

The Federal Government has directed that state governments will now share the cost of electricity…

1 hour ago

CBN reveal :Payment downtime spiked in Detty December

The Central Bank of Nigeria, CBN, has disclosed that payment system downtime and service interruptions increased…

2 hours ago

Facts Emerge As South Africa Restores Power At Nigerian Commission

News Update Electricity has been restored to the Nigerian High Commission in Pretoria, South Africa,…

2 hours ago

APC Set Party’s Na’tl Chairmanship Form at N10 Million

News Update THE All Progressives Congress (APC) has released the official fees for Expression of…

5 hours ago

LG funds: ALGON slams Osun APC over violation of Council finance law

The Association of Local Governments of Nigeria (ALGON), Osun State, says the handling of local…

9 hours ago