National

Jubilation as Nigerian Governors propose new minimum wage

THE Nigeria Governors Forum (NGF) has proposed that the national minimum wage in Nigeria be raised to ₦100,000.

The group said the new amount is being considered in response to the high cost of living affecting workers across the country.

The position was made public by the Chairman of the NGF and Governor of Kwara State, AbdulRahman AbdulRazaq.

He explained that state governors agree that workers need better pay due to current economic pressures, and discussions are ongoing with the federal government and labour leaders to reach a workable agreement.

He also noted that the talks are part of wider efforts to address wage issues alongside inflation and other economic challenges in the country.

According to the forum, the proposed figure is not yet final but forms part of ongoing negotiations that will determine future pay structure for workers nationwide.

The current national minimum wage in Nigeria stands at ₦70,000, which was approved under the National Minimum Wage Act by President Bola Ahmed Tinubu.

Some states, including Lagos, Rivers, and Imo, already pay above the official minimum wage, depending on their financial capacity.

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The Nigeria Governors Forum also expressed support for the federal government’s ongoing economic reforms, saying they are part of efforts to stabilize the economy and improve public revenue.

VAM News

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