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BREAKING: Lagos State Increases Minimum Wage To N85,000, Surpassing Federal Standard
Adding that it is his wish to be able to make the minimum wage N100,000 in January 2025.
Ikeja, Lagos State– Lagos State Governor, Babajide Sanwo-Olu, announced on Wednesday that the state is now paying its workers a minimum wage of N85,000, exceeding the N70,000 minimum wage set by the Federal Government in July.
During an appearance on Channels Television’s Politics Today, Sanwo-Olu emphasized that the decision was not aimed at outpacing other states but rather a reflection of Lagos State’s economic capability.
He expressed satisfaction with the new wage, stating, “I am glad to let you know that the minimum wage for Lagos, which we conversed and discussed with our union, is N85,000 now.”
According to him, the move follows the signing of the new minimum wage bill by President Bola Tinubu, which aimed to provide better financial security for workers across Nigeria after extensive negotiations among government, labor unions, and the private sector.
“It is not a competition, so I am not going to say we are paying more than some other people, it is a function of affordability and it is a function of capacity, but we know too well that when people live in Lagos, Lagos has a premium in terms of even the cost of living, we are fully aware.”
The governor also revealed that the state had earlier in the year increased salary of workers, adding that it is his wish to be able to make the minimum wage N100,000 in January 2025.
“We actually increased salaries earlier in the year and deserving so for our staff and we will continue to do that.
“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 not because I want to make anybody look bad, it is really because I want my people to have a living wage, I want them to really be able to know that government is working for them,” he said.
