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Minimum wage: Nigeria Governors Forum agrees to pay N22,500 – Yari

The Nigeria Governors Forum have agreed to pay workers N22,500, minimum wage:

The Chairman of the forum and Governor of Zamfara,  Abdul’aziz Yari, read the decision of the governors as contained in the communique at the end of the emergency meeting, held Tuesday night.

“Following a meeting of the Nigeria Governors’ Forum where we deliberated on the National Minimum Wage after a briefing from our representatives at the Tripartite Committee, we submit as follows:

He said that the acceptable minimum wage must be done in such a way that total personnel cost does not exceed 50 percent of the revenue available to each State.

Yari who read the communique said,

“The welfare of all Nigerians is our ultimate concern. In all our States, we are concerned about the deteriorating economic situation experienced by the vulnerable segment of our population.

“In agreeing to a National Minimum Wage however, the Forum is even more concerned about development, particularly in the health, education and infrastructure spheres.

“It is therefore our considered position that since the percentage of salaried workers is not more than 5 percent of the total working population, our position must not just reflect a figure, but also a sustainable strategy based on ability and capacity to pay, as well as reflective of all our developmental needs in each State.

“Afterall, Section 3 of the National Salaries Income and Wages Commission Act provides that ‘the Commission shall recommend a proposition of income growth which should be initiated for wage increase and also examined the salary structure in public and private sector with reasonable features of relativity and maximum levels which are in consonance with the national economy.’

“It is in this sense that we feel strongly that our acceptable minimum wage must be done in such a way that total personnel cost does not exceed 50 percent of the revenue available to each State.

“Governors therefore agreed to pay a mational minimum wage of N22,500.”

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Written by Per Second News

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