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Ekiti Will Need Extra N2bn Monthly To Pay Minimum Wage – Fayemi

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Ekiti State governor, Dr Kayode Fayemi, yesterday, revealed that the state would need extra N2 billion monthly to be able to pay the proposed minimum wage of N30, 000. On this account, the governor called for the upward review of the current revenue allocation formula to the state, by the federal government.

The governor said the issue of affordability was key, adding that Ekiti had always been paying above national minimum wage, the state currently pays N19, 350 as against the N18, 000 official minimum wage.

Fayemi however, said that for the state to pay the new N30,000 minimum wage, it would need an additional N2 billion in addition to the current wage bill of N2.6 billion, totaling N4.6 billion. This, he said is the case in many other states.

Fayemi stated this when he received the president of the Nigeria Labour Congress (NLC), Comrade Ayuba Wabba, who paid him a courtesy visit in his office, in Ado-Ekiti, yesterday.

While explaining that the N30, 000 minimum wage was not a comfortable living wage for workers, the governor said he was convinced that governors would pay if the federal government creates the enabling environment for them to do so.

Fayemi, who advocated a collective approach by labour leadership, the government and the general public, disclosed that Ekiti earns an average of N3 billion federal allocation monthly.

The NLC president, who met with the governor together with some national and Ekiti State labour union leaders, had solicited the cooperation of all governors in the payment of the N30, 000 minimum wage, adding that all states should be able to afford it.



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