Lagos Approves N85,000 As Minimum Wage
The Governor of Lagos State, Babajide Sanwo-Olu, announced on Wednesday that his administration has increased the state’s minimum wage to N85,000.
Sanwo-Olu made the disclosure during an interview on Channels TV, monitored by our correspondent.
The governor said, “You mentioned minimum wage and what I need to throw in for my people. I’m glad to let you know that the minimum wage for Lagos, which we’ve discussed with our union, is N85,000 today.
“It’s not a competition, so I’m not going to say that we’re paying more than some other people; it’s a function of affordability and a function of capacity.”
In July, President Bola Tinubu signed into law a new National Minimum Wage Act, setting the minimum wage for Nigerian workers at N70,000.
The signing of the law occurred nearly two weeks after President Tinubu and the organized labor unions, including the Nigeria Labour Congress and the Trade Union Congress of Nigeria, reached an agreement on a new minimum wage of N70,000.
Lagos Approves N85,000 As Minimum Wage is first published on The Whistler Newspaper
