Governors Push for N100,000 Minimum Wage as States Record Higher Revenues

The Nigeria Governors’ Forum (NGF) has called for an increase in the national minimum wage from N70,000 to N100,000, citing improved state revenues and stronger fiscal capacity following recent economic reforms.

Speaking in a video shared on Saturday, NGF Chairman and Kwara State Governor, AbdulRahman AbdulRazaq, urged President Bola Tinubu to support discussions aimed at raising workers' salaries to better reflect current economic realities.

According to AbdulRazaq, many states are already paying wages close to N100,000 and are now in a better financial position due to increased revenue allocations following the removal of fuel subsidies.

He praised the Federal Government's economic policies, describing the subsidy removal as a bold move that has significantly strengthened the finances of state governments.

The governor noted that the improved financial situation has created an opportunity to revisit workers' welfare and consider a new wage structure. He expressed optimism that the Federal Government would provide the necessary support to help states implement the proposed increase.

AbdulRazaq also highlighted several ongoing infrastructure projects across the country, saying they demonstrate the positive impact of the administration's economic reforms.

Reflecting on the subsidy removal process, he revealed that governors initially feared the policy could trigger nationwide protests and social unrest. According to him, state governments made extensive security preparations in anticipation of possible demonstrations.

However, he said the expected unrest never occurred, allowing the policy to be implemented without major disruptions.

The NGF chairman further stated that many states have reduced their dependence on borrowing and are making progress in lowering their debt burdens. He cited examples of states that have significantly cut their debts, attributing the development to improved revenues generated since the subsidy removal.

The proposal comes amid increasing calls from labour unions and workers for a review of salaries as rising inflation and living costs continue to put pressure on household incomes across the country.

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