₦‎85,000 Minimum Wage Unrealistic In Lagos — Gbadebo Rhodes–Vivour

The governor, Babajide Sanwo-Olu, recently announced an increase in the minimum salary to N85,000, but Gbadebo Rhodes-Vivour has recommended a minimum pay of N100,000 for workers in Lagos, stating that this amount is insufficient to cover the actual cost of living and the reality of the local economy.

He underlined that, given the rising costs of living and inflation, the existing wage is insufficient to sustain employees and their families. Eyes Of Lagos reports,

The recent rise in the minimum wage to N85,000 is praiseworthy, but it falls well short of addressing the particular cost-of-living issues that Lagos workers face, the statement reads.

“With minimal investments in social housing programs, Lagos has the highest intra-city public transportation costs in Nigeria, is the second most expensive city to feed, and has the highest rental costs overall.”

Noting that more budgets have not resulted in better living conditions for Lagos people, Gbadebo also urged the governor to increase investments in the causes that are important to Lagosians.

He said: “It’s crucial to note that over 70% of Lagos State’s operating revenue comes from taxes, with PAYE (Pay As You Earn) contributing 45%.

“This means the state’s wealth, which the governor seems to take all the credit for, is primarily generated by citizens’ hard work.

“What tangible benefits do Lagosians receive in return for this significant contribution? Do their children have access to quality public education?

“Is there an efficient and affordable public transportation system? Are the roads well-maintained? Is social housing readily available? Can residents easily access capital for entrepreneurship?”