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New Minimum Wage: Lagos goes for N85k as Delta pegs pay for N77,500

by Emerald Nigeria
October 16, 2024
in Economy
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Lagos State Governor, Babajide Sanwo-Olu, has announced that the minimum wage for workers in the state has been raised to N85,000, citing the state’s financial capacity to sustain the increase.

Speaking on Channels Television’s Politics Today on Wednesday, the governor clarified that the decision was not driven by competition but by the state’s affordability and understanding of the high cost of living in Lagos.

“I am glad to inform you that the minimum wage for Lagos, which was discussed with our union, is now N85,000,” Sanwo-Olu stated.

He emphasised that the adjustment was made to reflect the premium cost of living in Lagos, adding that it was important for workers to earn a wage that aligns with the state’s economic realities.

Sanwo-Olu also disclosed that the government had implemented a salary increase earlier in the year and expressed his ambition to raise the minimum wage to N100,000 by January 2025.

“I hope to return in January to announce that we have raised Lagos’ minimum wage to N100,000, not to outshine anyone, but to ensure that our workers can earn a living wage and feel the impact of government support,” he explained.

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The governor reiterated his administration’s commitment to improving the welfare of Lagos State workers and ensuring that the government remains responsive to their needs.

Meanwhile Delta state government has approved payment of N77,500 for workers in the state. This was part of the agreement reached at the meeting held between Secretary to the state government and labour unions.

Reports say the payment would begin from October 2024.

Tags: Babajide Sanwo-OluGovernor Sheriff Oborevworiminimum wage
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