Nigerian governors say 60,000 minimum wage ‘not sustainable’

Date:

Share post:

The 36 State governors on Friday said they cannot sustain the N60,000 national minimum wage being proposed by government.

The governors under the aegis of Nigerian Governors Forum (NGF), said many states will spend all their FAAC allocations on paying salaries with nothing left for development purposes. 

They added that a few states will end up borrowing to pay workers every month, saying it is not in the collective interest of the country, including the workers. 

In a statement, the Acting Director of NGF, Media and Public Affairs, Hajiya Halimah Salihu Ahmed, appealed that all parties involved, especially the labour unions, should consider all the socio-economic variables and settle for an agreement that is sustainable, durable, and fair to all other segments of the society who have legitimate claim to public resources.

She said, “The forum’s stand is the N60,000 minimum wage not sustainable. The Nigeria Governors’ Forum (NGF) is in agreement that a new minimum wage is due. The Forum also sympathises with labour unions in their push for higher wages. 

“However, the Forum urges all parties to consider the fact that the minimum wage negotiations also involve consequential adjustments across all cadres, including pensioners. The NGF cautions parties in this important discussion to look beyond just signing a document for the sake of it; any agreement to be signed should be sustainable and realistic.

“All things considered, the NGF holds that the N60,000 minimum wage proposal is not sustainable and can not fly. It will simply mean that many states will spend all their FAAC allocations on just paying salaries with nothing left for development purposes.

”In fact, a few states will end up borrowing to pay workers every month. We do not think this will be in the collective interest of the country, including workers. 

“We appeal that all parties involved, especially the labour unions, consider all the socioeconomic variables and settle for an agreement that is sustainable, durable, and fair to all other segments of the society who have legitimate claim to public resources.”

spot_img

Related articles

Abakaliki residents to enjoy water from Oferekpe water scheme

Oferekpe, Nigeria - Residents of the Ebonyi state capital, Abakaliki, who hitherto have lacked water, will be inundated...

War Crimes: Netanyahu, Gallant, Hamas commander issued arrest warrants

Judges at the International Criminal Court (ICC) have issued arrest warrants for Israeli Prime Minister Benjamin Netanyahu, former...

Finland Govt arrest Simon Ekpa for spreading terrorist propaganda 

The engine of crisis in the Eastern part of Nigeria and the self-acclaimed leader of the proscribed Indigenous...

President: Lawmakers reject Bill for a six-year single term

Members of the House of Representatives have rejected a bill seeking to introduce a six-year single term for...