• About Us
  • Contact
  • Cookie Policy
  • Disclaimer
  • Privacy Policy
  • Editorial Charter
  • Corrections Policy
  • Sitemap
Freelanews
Advertisement
  • Home
  • News
    • Crime
  • Business
  • Brands
  • Banking
  • Opinion
  • Interview
  • Entertainment
  • Podcast
    • Àtẹ́lẹwọ́
  • Sports
  • Events
No Result
View All Result
  • Home
  • News
    • Crime
  • Business
  • Brands
  • Banking
  • Opinion
  • Interview
  • Entertainment
  • Podcast
    • Àtẹ́lẹwọ́
  • Sports
  • Events
No Result
View All Result
Freelanews
No Result
View All Result
Home Business & Finance Business Sustainability

Governors reject N60,000 minimum wage, insist it’s not sustainable

Freelanews by Freelanews
June 8, 2024
in Sustainability
0 0
0
Governors reject N60,000 minimum wage, insist it’s not sustainable
0
SHARES

Amidst the imbroglio orchestrated by the debate for an accept­able minimum wage between the organised labour and the Federal Government, the 36 state governors under the aegis of Nigerian Governors’ Forum (NGF) on Friday reject­ed the N60,000 offered by the fed­eral government insisting that the amount is unsustainable.

The NGF ‘s position is con­tained in a statement made available to newsmen in Abuja by its Acting Director on Media Affairs and Public Affairs, Haji­ya Halimah Salihu Ahmed.

 

Also read : Minimum wage: FG offers over N60,000, Labour may end strike

 

According to the forum, ac­cepting the N60,000 minimum wage simply means that many states will spend all their Feder­al Account Allocation Commit­tee (FAAC) allocations on just paying salaries with nothing left for development purposes.

perfect aesthetic dental clinic perfect aesthetic dental clinic perfect aesthetic dental clinic

According to the governors, a few states will end up bor­rowing to pay workers every month, which may not be in the collective interest of the country, including workers.

The statement reads: “The forum’s stand on 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 cannot 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”.

freelanews
Freelanews

Freelanews is the editorial byline of Freelanews.com, used for staff reports, news updates, press releases, and collaborative stories produced by the Freelanews Editorial Team.

Related Posts

Lagos Green Line rail project
Sustainability

Lagos to complete 68km green line rail project in single phase

by Quadri Olaitan
April 14, 2025
Minimum wage: Tinubu, Labour meet Thursday, LGs demand more allocation
Sustainability

Minimum wage: Tinubu, Labour meet Thursday, LGs demand more allocation

by Quadri Olaitan
July 16, 2024
DSC01136 2 scaled
Sustainability

Rotary Club of Ikoyi Metro wins global Rotary award after N150m hospital upgrade

by Rtn. Victor Ojelabi
June 22, 2026
N70,000 minimum wage Nigeria
Sustainability

States rush to implement N70,000 minimum wage ahead of labour deadline

by Quadri Olaitan
November 29, 2024
WhatsApp Image 2022 03 08 at 7.15.21 PM 2
Sustainability

‘Different from the usual’ Moghalu4Nigeria movement partners Naija Lives Matter, American Internet Business school to conduct Fish-For-Life digital skills empowerment to 1 million Nigerian youths

by Rtn. Victor Ojelabi
March 9, 2022

Leave a ReplyCancel reply

ADVERTISEMENT

Recent News

Switzerland

Switzerland edge Canada 2-1 to seal historic World Cup progress

June 24, 2026
Ozekhome

Ozekhome SAN rank suspended in ethics probe

June 24, 2026
Obasa

Obasa urges Nigerians to support fight against insecurity

June 24, 2026
Senate

Breaking: Senate approves landmark state police amendment bill

June 24, 2026
  • Trending
  • Comments
  • Latest
N250k signature

Abiodun vs Amosun: N250k signature plot deepens Ogun political crisis ahead Tinubu visit

April 3, 2026
Omoge Saida

Omoge Saida sparks Nigerian social media over leaked video

October 28, 2025
james akaie

Nollywood SFX makeup artist James Akaie allegedly dies after explosion on Abeokuta movie set

January 13, 2026
Political persecution in Ogun State

Political persecution in Ogun State: Abiodun moves against Otunba Gbenga Daniel with demolition threats again

August 9, 2025
amoke

‘Meals by Amoke’ We serve traditional dishes in a modern way, Bukoye Fasola reveals

19
Image 2024 03 26 at 120645 AM jpeg

Charles Inojie, Ali Nuhu call on communities to #MakeWeHalla against domestic violence

11
Meran Primary Health Centre Lagos father Meran hospital

Lagos father shares heartbreaking experience at Meran Primary Health Centre (Photos)

4
fls2

‘Disarticulated system’ Gov’t confused about Nigerian education, expert laments

3
Switzerland

Switzerland edge Canada 2-1 to seal historic World Cup progress

June 24, 2026
Ozekhome

Ozekhome SAN rank suspended in ethics probe

June 24, 2026
Obasa

Obasa urges Nigerians to support fight against insecurity

June 24, 2026
Senate

Breaking: Senate approves landmark state police amendment bill

June 24, 2026
June 2026
SMTWTFS
 123456
78910111213
14151617181920
21222324252627
282930 
« May    
Freelanews

Freelanews is a Nigerian digital news platform that delivers timely, credible, and engaging stories across politics, business, entertainment, lifestyle, and the creative industry, with a strong focus on promoting innovation, integrity, and inclusivity in storytelling.

Today’s Popular

  • Katsina

    Katsina govt paid N10m each to send bandit leaders on Hajj – Security advocate alleges

    0 shares
    Share 0 Tweet 0
  • Three arrested after cleric dies in Ondo hotel

    0 shares
    Share 0 Tweet 0
  • Four arrested, one killed in Benin market kidnap probe

    0 shares
    Share 0 Tweet 0
  • At 90, Chief Mrs. Alice Mobolaji Osomo remains a symbol of purposeful leadership – Ambassador Iji

    0 shares
    Share 0 Tweet 0

Just Published!

Switzerland

Switzerland edge Canada 2-1 to seal historic World Cup progress

June 24, 2026
Ozekhome

Ozekhome SAN rank suspended in ethics probe

June 24, 2026
Obasa

Obasa urges Nigerians to support fight against insecurity

June 24, 2026
Senate

Breaking: Senate approves landmark state police amendment bill

June 24, 2026
Nigeria

Nigeria targets $3bn climate finance through carbon market at London climate summit

June 24, 2026
No Result
View All Result
  • About Us
  • Contact
  • Advertisement
  • Editorial Charter
  • Corrections Policy
  • Sitemap

© 2025 Freelanews | by Iretura.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • Home
  • News
    • Crime
  • Business
  • Brands
  • Banking
  • Opinion
  • Interview
  • Entertainment
  • Podcast
    • Àtẹ́lẹwọ́
  • Sports
  • Events

© 2025 Freelanews | by Iretura.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.