Govs considering N100,000 new national minimum wage — NGF

Nigerian governors are actively considering a new national minimum wage of N100,000, a move driven by the escalating economic hardship and inflation affecting the country. The Chairman of the Nigeria Governors' Forum and Governor of Kwara State, AbdulRahman AbdulRazaq, stated that the proposal is a direct response to the rising cost of living and the mounting financial pressure on Nigerian workers.

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State governments recognise the urgent need to improve workers’ welfare in response to the current economic realities facing Nigerians.

AbdulRazaq emphasized that state governments are engaged in crucial consultations with the Federal Government and organized labor. The goal is to establish a wage structure that not only improves workers' welfare but also ensures fiscal sustainability for the states. He acknowledged the urgent need to enhance workers' living conditions while maintaining the governments' capacity to deliver essential public services and infrastructure projects.

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We are actively engaging with the Federal Government and organised labour to arrive at a wage structure that is fair to workers and sustainable for government finances.

The discussions are focused on striking a delicate balance between increasing workers' purchasing power and preserving the financial stability required for development. Governors recognize that while workers deserve better remuneration, policymakers must also consider the fiscal realities confronting subnational governments. The proposed N100,000 minimum wage is expected to fuel further national dialogue on salaries, inflation, and broader economic reforms as citizens continue to struggle with increased expenses.

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The goal is to improve the living conditions of workers while ensuring that states can continue to meet their obligations and sustain development projects that directly impact citizens.