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The Nigerian Governors Forum (NGF) is considering a new national minimum wage of N100,000 to address the country’s economic woes.
Kwara State Governor, AbdulRahaman AbdulRazaq disclosed this in a Facebook post on Saturday.
AbdulRazaq who is also Chairman of the NGF. said the proposal was driven by inflation, rising costs of living and increasing financial pressures on Nigerian workers.
He added that the state government was engaging the Federal Government and labor organizations to agree on a wage structure that balances worker welfare with fiscal sustainability.
The governor revealed that consultations are ongoing to ensure that the new wage regime will not place undue financial pressure on the state.
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He said: “The state government recognizes the urgent need to improve worker welfare in response to the economic realities facing Nigerian society today.
“The goal is to improve the living conditions of workers while ensuring that states can continue to meet their obligations and maintain development projects that directly impact citizens.”
The Federal Government is increasing the minimum wage to N75,000 from the previous N30,000 in 2024.
However, the Organized Labor Party and other concerned groups have relentlessly pushed for a review of the minimum age to address the country’s existing challenges.
