• Hausa Edition
  • Podcast
  • Conferences
  • LeVogue Magazine
  • Business News
  • Print Advert Rates
  • Online Advert Rates
  • Contact Us
Friday, August 8, 2025
Leadership Newspapers
Read in Hausa
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
Leadership Newspapers
No Result
View All Result

Minimum Wage: Why Employers Should Pay More Than N70,000 — Oshiomole

by Ejike Ejike
9 months ago
in News
Oshiomole
Share on WhatsAppShare on FacebookShare on XTelegram

A former governor of Edo State, Senator Adams Oshiomhole, has charged the federal and State governments including other employers of labour, to pay more than the N70,000 national minimum wage, noting that the whole idea of the threshold was not to restrict worker salaries but to protect the lowest income earners.

Advertisement

Oshiomole also said the minimum wage was grossly misunderstood in Nigeria and that is why it was depreciating and not matching the current economic realities.

While commending some State governments, who have already approved minimum wage higher than N70,000, Oshiomole said things were pretty expensive in Abuja and the federal government should be able to pay workers higher than the N70,000, urging other serious employers to also pay higher.

He explained that during the tenure of President Shehu Shagari in the Second Republic, when the concept of minimum wage was introduced, it was N125 or about $160 at the time but today, with the national minimum wage set at N70,000 or about $42, things have not really improved for the Nigerian workers.

The former labour leader Oshiomhole spoke at the 2024 Distinguished Personality Lecture for Executive Intelligence Management Course (EIMC) 17 of the National Institute For Security Studies (NISS), an educative arm of the Department of State Services (DSS), in Abuja on Wednesday.

RELATED

2023 Elections: Obi Wins FCT With 4 Area Councils

Obi Donates N15m To College, Qur’anic Students In Bauchi

7 minutes ago
Mining Marshals Shut Down Illegal Quarry In Abuja As 13 Suspects Face Prosecution

Mining Marshals Shut Down Illegal Quarry In Abuja As 13 Suspects Face Prosecution

1 hour ago

According to him, “the whole idea of minimum wage is not to determine income of workers but to protect lower income earners. Serious employers of labour should pay much more than the minimum wage. I commend some state governments who have already approved above N70,000 and I also believe the federal government should pay more, especially for workers in Abuja because things are pretty expensive in Abuja.”

He, however, noted that though minimum wage should be reviewed frequently as inflation increases, he cautioned about frequent increment of salaries as it could affect the economy.

Speaking on the current status of the Naira, Oshiomole said the Naira is grossly undervalued in relation to its purchasing power, noting that even though the exchange rates are always cause for concern, what Naira can buy in Nigeria, the equivalent may not buy same in the USA.

For his part, the DG DSS, Adeola Ajayi, said the choice of the distinguished personality Oshiomole for the lecture was because he was well-equipped, having been a labour leader, governor and now a Senator.

Meanwhile, the commandant of the NISS, Joseph Obama, while giving his address of welcome explained that the EIMC 17 is made up of 91 participants from different African countries, with participants from DSS, JAMB, Customs, EFCC, ICPC, NPF, among others.

Participants were also drawn from Chad, Rwanda, The Gambia, among other countries.


We’ve got the edge. Get real-time reports, breaking scoops, and exclusive angles delivered straight to your phone. Don’t settle for stale news. Join LEADERSHIP NEWS on WhatsApp for 24/7 updates →

Join Our WhatsApp Channel




Tags: Oshiomole
SendShareTweetShare
Previous Post

We’re Ready To Buy Petrol Directly From Dangote Refinery — IPMAN

Next Post

Nigerian-British Officer Dismissed From UK Police For Assaulting Colleague

Ejike Ejike

Ejike Ejike

You May Like

2023 Elections: Obi Wins FCT With 4 Area Councils
News

Obi Donates N15m To College, Qur’anic Students In Bauchi

2025/08/08
Mining Marshals Shut Down Illegal Quarry In Abuja As 13 Suspects Face Prosecution
News

Mining Marshals Shut Down Illegal Quarry In Abuja As 13 Suspects Face Prosecution

2025/08/08
air force strike
News

NAF Foils Terrorist Attack, Kill Fleeing Insurgents In Borno

2025/08/08
70 CSOs Ask IGP To Declare Kogi SDP Guber Candidate Wanted
News

‘KWAM 1’s Abuja Airport Incident An Act Of Terrorism,’ Says Ex-Kogi SDP Candidate Ajaka

2025/08/08
Nizamiye Hospital Denies Complicity In Ex-Niger North Senator’s Death
News

Nizamiye Hospital Denies Complicity In Ex-Niger North Senator’s Death

2025/08/08
Police Deny Purported Killing Of Officers
News

Police Arrest 5 Suspected Robbers, Ritualist In Akwa Ibom

2025/08/08
Leadership Conference advertisement

LATEST

Obi Donates N15m To College, Qur’anic Students In Bauchi

Mining Marshals Shut Down Illegal Quarry In Abuja As 13 Suspects Face Prosecution

NAF Foils Terrorist Attack, Kill Fleeing Insurgents In Borno

‘KWAM 1’s Abuja Airport Incident An Act Of Terrorism,’ Says Ex-Kogi SDP Candidate Ajaka

Nizamiye Hospital Denies Complicity In Ex-Niger North Senator’s Death

Police Arrest 5 Suspected Robbers, Ritualist In Akwa Ibom

Sterling Bank Names First Beneficiaries Of ₦2bn ‘Beyond Education’ Fund

‘I Will Die Peacefully After Service, Eating Pounded Yam’, Adeboye Restates Prophecy Of Own Death

Police Arrest 3 Over Alleged ATM Card Fraud, Tricycle Theft In Yobe

‘Forgery, Cyberbullying’, CP Shogunle Explains Why Sowore Is In Detention

© 2025 Leadership Media Group - All Rights Reserved.

No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us

© 2025 Leadership Media Group - All Rights Reserved.