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Lagos Governor Sanwo-Olu Increase Minimum Wage to ₦85,000, Plans for ₦100,000 by 2025

  • Writer: F.Adenike
    F.Adenike
  • Oct 17, 2024
  • 1 min read

Governor Babajide Sanwo-Olu has announced an increase in the minimum wage to ₦85,000.


This decision reflects the state's commitment to enhancing the living standards of its workforce amidst Nigeria's challenging economic climate.


During an interview on Channels Television's "Politics Tonight," Governor Sanwo-Olu emphasized that this wage adjustment is not about competing with other states but rather about aligning with Lagos's financial capabilities.


"It is not a competition, so I am not going to say we are paying more than some other people," he stated. "It is a function of affordability and it is a function of capacity."


The Governor also expressed his aspiration to further raise the minimum wage to ₦100,000 by January 2025, provided that conditions remain favorable. "I would like to come back to you in January to say I have been able to increase the minimum wage of Lagos to N100,000," he added, underscoring his desire for Lagosians to feel the government's support.

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