Lagos To Pay N85,000 Minimum Wage, Says Sanwo-Olu: Here is What You Need to Know
Babajide Sanwo-Olu, the Governor of Lagos State, has announced that civil servants in Lagos will now receive a minimum wage of N85,000. This decision comes in the context where the federal government had earlier approved a national minimum wage increase to N70,000, which was signed into law by President Bola Tinubu in July 2024. Sanwo-Olu’s announcement indicates Lagos State’s intention to exceed this federal benchmark, citing the higher cost of living in Lagos and the state’s economic capacity.
- Details of the Announcement:
- Sanwo-Olu made this declaration on October 15, 2024, highlighting that this wage adjustment reflects discussions with labor unions in the state.
- He emphasized that this increase is not about outdoing other states but is based on Lagos’s affordability and capacity, acknowledging the premium cost of living in Lagos.
- Future Plans:
- The Governor expressed a desire to further increase the minimum wage to N100,000 by January 2025, pending economic conditions and state revenue.
- Context:
- This move by Lagos State showcases a proactive approach to addressing the economic challenges faced by its civil servants, aiming to ensure a living wage amidst rising living costs.
This adjustment represents Lagos State’s commitment to enhancing the welfare of its workers, positioning it as potentially setting a precedent for other states or the federal government in future wage negotiations or adjustments.
