Minimum wage: 3 reasons states can afford over N70k

  • The new minimum wage discussion was yet to commence in some states, while many others have announced the approval of over N70,000
  • States like Edo, Adamawa and Lagos have commenced the implementation of the new minimum wage in their states, with Lagos paying N85,000
  • Bisi Afolabi, a legal practitioner, posited that all states in Nigeria have the capacity to pay the new minimum wage if the cost of governance can be cut down

The controversies on the new minimum wage have continued to make headlines in Nigeria as some governors have started approving even more than the N70,000 that was agreed upon.

Some months ago, Tinubu constituted a tripartite committee with representatives from the federal government, state governors, and the private sector to achieve a consensus on the new minimum wage.