• About Us
    • Àtẹ́lẹwọ́ Podcast
  • Contact
  • Cookie Policy
  • Disclaimer
  • Privacy 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

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 a potpourri of news, entertainment, business, events and photos. This is no fake news.

Related Posts

Nigerian entrepreneurs, sustainable business practices
Sustainability

UBA urges Nigerian entrepreneurs to adopt sustainable business models

by Quadri Olaitan
November 22, 2024
UN climate report
Environment

UN climate report warns of weak 2035 emissions cuts

by David Okere
October 28, 2025
dssdds
Sustainability

FIRS champions customer-centric tax administration in Nigeria

by Quadri Olaitan
January 20, 2025
Governors reject N60,000 minimum wage, insist it’s not sustainable
Sustainability

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

by Freelanews
June 8, 2024
Pix 9776 jpg
Sustainability

Lagos begins ”20 Saturdays” Fresh Food Fair

by Quadri Olaitan
January 29, 2024

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

ADVERTISEMENT

Recent News

EFCC

Breaking: EFCC declares former humanitarian minister Sadiya Farouq wanted over fraud allegations

May 9, 2026
Bauchi

Bauchi state police command arrests three over deadly mob attack

May 9, 2026
Ilebaye

Shock as Ilebaye opens up about alleged assault experience from father

May 9, 2026
WHO

WHO rushes to tenerife over deadly hantavirus outbreak

May 9, 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
EFCC

Breaking: EFCC declares former humanitarian minister Sadiya Farouq wanted over fraud allegations

May 9, 2026
Bauchi

Bauchi state police command arrests three over deadly mob attack

May 9, 2026
Ilebaye

Shock as Ilebaye opens up about alleged assault experience from father

May 9, 2026
WHO

WHO rushes to tenerife over deadly hantavirus outbreak

May 9, 2026
May 2026
SMTWTFS
 12
3456789
10111213141516
17181920212223
24252627282930
31 
« Apr    
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

  • Abiodun 997x598 1

    Shocking twist: Dapo Abiodun senate ambition in jeopardy as fresh legal warning emerges

    0 shares
    Share 0 Tweet 0
  • Breaking: Tension erupts in PGF as Uzodimma, Abiodun back separate factions

    0 shares
    Share 0 Tweet 0
  • All Progressives Congress releases screening timetable for National Assembly aspirants in Abuja

    0 shares
    Share 0 Tweet 0
  • TikToker Cindy Oshodi faces backlash over leaked clip

    0 shares
    Share 0 Tweet 0

Just Published!

EFCC

Breaking: EFCC declares former humanitarian minister Sadiya Farouq wanted over fraud allegations

May 9, 2026
Bauchi

Bauchi state police command arrests three over deadly mob attack

May 9, 2026
Ilebaye

Shock as Ilebaye opens up about alleged assault experience from father

May 9, 2026
WHO

WHO rushes to tenerife over deadly hantavirus outbreak

May 9, 2026
Rema

Rema lands historic FIFA World Cup opening role

May 9, 2026
No Result
View All Result
  • About Us
  • Contact
  • Advertisement
  • 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.