Lagos State Governor, Babajide Sanwo-Olu, has announced that the state will pay its workers a minimum wage of N85,000, which is N15,000 higher than the N70,000 approved by the Federal Government in July ¹. This new development was disclosed during an interview on Channels TV’s “One-On-One with Babajide Sanwo-Olu” ¹ ².
According to Sanwo-Olu, the state’s decision to pay the higher minimum wage is not about competition but rather a function of affordability and capacity ¹. He also mentioned that the state had previously increased salaries earlier in the year and plans to review it again in January 2025, with the goal of increasing the minimum wage to N100,000 ¹.
This move is seen as a positive step for workers in Lagos State, considering the high cost of living in the state ¹. Would you like to know more about the national minimum wage in Nigeria?