Breaking: Obaseki Increases Minimum Wage To N70,000

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Edo State Governor, Mr. Godwin Obaseki has announced a new minimum wage of N70,000 for civil servants in the State. 

The governor made this known on Monday, while inaugurating the Labour House.

Obaseki named the Labour House after Adams Oshiomhole, Senator representing Edo North, and former governor of the state.

“The new minimum wage regime in Edo will take effect from May 1, 2024,” the governor said.

The Nigeria Labour Congress, NLC, and Trade Union Congress, TUC, have been pushing for a new minimum wage for workers in the Country. The demands is coming on the heels of the hardship occasioned by the economic reforms of President Bola Tinubu’s administration, particularly the removal of subsidy on petrol.

The removal of subsidy on petrol and unification of the forex windows in 2023, was immediately trailed with food inflation and a spike in the prices of other goods and services.

Meanwhile, the national minimum wage has been pegged at N30,000 since April 18, 2019.

While the demands of Labour has been pressing with strikes, discourse over a new minimum wage has not shown much green light, as the TUC recently ruled out the possibility of a new review by the Federal Government in April.