Sanwo-Olu’s approval of N85,000 monthly wage for Lagos workers was in line with the federal government’s approval of N70,000 as minimum wage in Nigeria.

He indicated that plans were on the way to adjust the wage for workers to commiserate with the economic reality.

According to him, “The minimum wage for Lagos is 85,000 today. It’s not a competition, so I’m not going to say we are paying more than some people. It is a function of affordability and capacity.

“We know too well that when people live in Lagos, the state has a premium in terms of cost of living. So, we actually increased our salary earlier this year, and we will continue to do that.

Similarly, the Rivers State Governor, Siminalayi Fubara, has approved N85,000 as minimum wage for civil servants in the state exceeding the federal government-approved N70,000 wage.

Fubara’s announcement came two days after his Lagos counterpart, Babajide Sanwo-Olu, declared the same wage increase.

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This was stated in a Memorandum of Understanding issued at the end of the committee’s meeting in Abuja on Friday.

Daily Dates Nigeria gathered that the committee also recommended that the wage award, which was discontinued by the Federal Government, should be paid until 28 July 2024.

The committee, headed by the newly appointed Head of Civil Service of the Federation, Didi Walson-Jack, noted that the government considered the economic situation in the country before making its decisions.

The MoU read, “The committee held four meetings and considered all presentations from the Federal Government and Trade Union sides. It also took into account the economic situation and the ability of the Federal Government to pay and sustain any consequential adjustment in salaries arising from the implementation of the National Minimum Wage (Amendment) Act, 2024, as well as the effects on other employers.”

Stating further, the MoU recommended that “the NSIWC will generate the appropriate salary templates for other consolidated salary structures for implementation; that the effective date of the implementation should be 29 July 2024; that the payment of the wage award issued via NS/WC Circular SWC.04/T/33 dated 19 October 2023 should continue to be paid until 27 July 2024;

“That the Federal Government should take appropriate measures to alleviate the plight of Federal workers as a result of the recent increase in PMS, including consideration of tax waivers and other incentives; and

“That the NSIWC, in collaboration with other stakeholders, should commence monitoring of the implementation in line with the provisions of the Act.”

The committee was established to implement the provisions of the National Minimum Wage Act 2024, which raised the national minimum wage from ₦30,000 to ₦70,000.

The committee consists of 16 members.

Its terms of reference include negotiating and agreeing on consequential adjustments in salaries and developing a template for the implementation of the approved minimum wage.

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Tinubu signed the bill at the State House in Abuja on Monday.

More to come.

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