JUST IN: NGF BACKS TINUBU’S ECONOMIC REFORMS, PUSHES FOR N100,000 MINIMUM WAGE

NGF BACKS TINUBU’S ECONOMIC REFORMS, PUSHES FOR N100,000 MINIMUM WAGE


The Nigeria Governors’ Forum (NGF) has expressed support for the economic reforms introduced by President Bola Ahmed Tinubu, while also advocating for a new national minimum wage of N100,000 for Nigerian workers.

Chairman of the Forum and Governor of Kwara State, AbdulRahman AbdulRazaq, made the position known during ongoing discussions surrounding workers’ welfare and the nation’s economic outlook.

According to the governors, the proposed wage increase is aimed at addressing the rising cost of living and improving the welfare of workers across the country. AbdulRazaq noted that state governments are engaging with the Federal Government and labour unions to arrive at a sustainable agreement that reflects current economic realities.

The NGF’s endorsement of Tinubu’s economic policies comes amid continued debates over fuel subsidy removal, inflation, exchange rate reforms, and the broader impact of government policies on Nigerians.

Governors under the Forum maintained that while reforms may present short-term challenges, measures must also be introduced to ease the burden on citizens, especially workers affected by economic adjustments.

The call for a N100,000 minimum wage is expected to play a significant role in ongoing negotiations between organised labour, state governments, and the Federal Government.

Labour unions have repeatedly demanded improved wages and social support measures, citing increasing food prices, transportation costs, and inflationary pressures affecting households nationwide.

Economic analysts believe the proposal could spark fresh conversations on fiscal sustainability for states, revenue generation, and the long-term impact of wage adjustments on the economy.

The Federal Government is yet to officially announce a final decision on the proposed wage structure as consultations continue.

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