AbdulRazaq disclosed this in a Facebook post on Saturday, explaining that the proposal is being driven by persistent inflation, the increasing cost of living and growing financial pressure on households across the country.
According to the NGF chairman, state governments are currently engaging with the Federal Government and organised labour to reach a consensus on a wage structure that improves workers’ welfare without undermining the financial stability of governments.
“State governments recognise the urgent need to improve workers’ welfare in response to the current economic realities facing Nigerians,” AbdulRazaq said.
He noted that consultations were ongoing to ensure that any adjustment to the minimum wage remains sustainable for states while addressing the needs of workers.
“We are actively engaging with the Federal Government and organised labour to arrive at a wage structure that is fair to workers and sustainable for government finances,” he stated.
AbdulRazaq explained that the discussions are centred on striking a balance between boosting workers’ purchasing power and preserving the capacity of governments to fund essential public services and infrastructure development.
“The goal is to improve the living conditions of workers while ensuring that states can continue to meet their obligations and sustain development projects that directly impact citizens,” he said.
The governor stressed that while workers deserve improved remuneration, policymakers must also take into account the fiscal realities confronting state governments.
His comments come amid growing calls for further wage adjustments as Nigerians continue to grapple with inflationary pressures and the rising cost of basic goods and services.
Nigeria’s statutory minimum wage currently stands at N70,000 per month, following the most recent wage review.
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