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    Home»News»Sanwo-Olu decides to give minimum wage of N85,000 monthly
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    Sanwo-Olu decides to give minimum wage of N85,000 monthly

    Ifetayo AdeniyiBy Ifetayo AdeniyiOctober 16, 20242 Mins Read
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    Sanwo-Olu decides to give minimum wage of N85,000 monthly

    Babajide Sanwo-Olu

    Sanwo-Olu decides to give minimum wage of N85,000 monthly

    Lagos State Governor, Babajide Sanwo-Olu, has unveiledd arrangements to raise the national minimum wage to N85,000 instead of N70,000 for workers in the state.

    Speaking during a live interview on Channels TV’s “One-On-One with Babajide Sanwo-Olu” on Wednesday evening, the governor confirmed the decision had already been discussed with labour unions.

    He explained that the higher wage reflects the state’s capacity to afford it and addresses the elevated cost of living in Lagos. He also hinted at the possibility of further wage increases next year.

    Sanwo-Olu said, “You also mentioned about the minimum wage and what do I need to throw in for my people. I’m glad to announce that the minimum wage for Lagos which we have discussed with our unions is N85,000 today and it is not a competition.

    “It is a function of affordability and capacity but we know too well that when people live in Lagos, it has a premium in terms of cost of living.”

    Sanwo-Olu decides to give minimum wage of N85,000 monthly

    “We increased our salary earlier in the year and would like to come in January and say I’ve been able to increase the minimum wage in Lagos to N100,000.”

    The governor also touched on plans to expand the state’s transport system, particularly rail, with a goal of connecting all five districts.

    President Tinubu had approved a new minimum wage of N70,000 for Nigerian workers in July and committed to reviewing the wage law every three years

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    Ifetayo Adeniyi
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    Adeniyi Ifetayo Moses is an Entrepreneur, Award winning Celebrity journalist, Luxury and Lifestyle Reporter with Ben tv London and Publisher, Megastar Magazine. He has carved a niche for himself with over 15 years of experience in celebrity Journalism and Media PR.

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