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Nigerian governors throughout the 36 states of the federation have reportedly settled for N70,000 as the brand new minimal wage for employees, saying no state can afford any quantity above that.
The governors made the remarks after they met below the Nigeria Governors’ Discussion board (NGF) to deliberate on the financial panorama and the continuing discourse surrounding the minimal wage.
Among the many concerns had been proposals starting from the initially supplied N60,000 by the Federal Authorities to the prevailing N70,000 carried out by the Edo State Authorities.
Regardless of their concerted efforts, a unanimous choice on a standardized wage remained elusive. Consequently, they’ve opted to determine a committee, led by Imo State Governor Hope Uzodimma, tasked with evaluating the out there choices and presenting suggestions.
Insiders reveal that the consensus among the many governors is {that a} minimal wage of N100,000 just isn’t viable, significantly contemplating that some states proceed to grapple with assembly the present N30,000 minimal wage launched in 2019.
“Data out there to us indicated that some states are nonetheless paying N18,000 as a result of they’re unable to afford N30,000 (which got here into impact in 2019). Solely a state has adopted a N70,000 wage,” the supply mentioned.
The governors’ place is according to a earlier assertion made by the Chairman of NGF and Kwara State Governor AbdulRahman AbdulRazaq, who said that states will solely conform to a minimal wage that’s “reasonably priced and sustainable”.
Recall that the organised labour comprising Nigeria Labour Congress (NLC) and Commerce Union Congress (TUC) launched into a nationwide strike after rejecting the N60,000 new minimal wage supply by the federal authorities. The strike which grounded financial actions was ‘relaxed’ after the federal authorities dedicated to pay greater than N60,000.
Initially, the unions insisted on N494,000 as the brand new minimal wage, however new developments revealed that they’ve shifted their floor to N100,000 following the criticism and controversy that trailed their proposal which was thought of outrageous and unrealistic.
In the meantime, the Presidency had debunked claims that the Minister of Finance and Coordinating Minister of the Economic system, Mr Wale Edun, submitted a N105,000 new minimal wage proposal to President Bola Ahmed Tinubu.
The President met yesterday with Edun after an viewers with an Worldwide Finance Company (IFC) staff on the Presidential Villa, Abuja.
It was gathered that Edun submitted the proposal for a brand new wage for the least-paid Nigerian employee to the President.
Nonetheless, studies printed by some on-line media platforms claimed that the minister proposed N105,000.
Particular Adviser to the President on Info and Technique, Bayo Onanuga, described the N105,000 proposal as false.
“The Honorable Minister of Finance and Coordinating Minister of the Economic system, Wale Edun, has not proposed N105,000 minimal wage.
“The opposite story being disseminated is fake”, Onanuga wrote on his verified X (previously Twitter) deal with.
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