It was an atmosphere of joy and excitement as workers in the State danced to the announcement of a new minimum wage announced by the Edo State governor, Mr. Godwin Obaseki on Monday.
Obaseki increased the minimum wage for workers in the State from N40,000 to N70,000 at the formal unveiling of the newly built ultra-modern Labour House secretariat complex for labour unions in the State, along Temboga Road, Ikpoba-Hill, Benin City.
The minimum wage increase is to take effect from May 1, 2024.
Obaseki said: “As a result of the cordial relationship between the Edo State Government and labour unions in the State, we have enjoyed peace and industrial harmony in Edo State. Despite our efforts to make life better for Edo State workers, there are forces beyond our control, as we don’t control the national economy as our workers are still languishing in pain and penury.
“I give you insurance, improved conditions of service, pay you and promote you on time but the truth is that because of the economic situation in Nigeria today, our workers continue to be challenged; devaluation, high food prices and inflation have made nonsense of the N40, 000 we are paying you.
“As a government, we feel your pains and know your take-home pay can barely take you home. We will continue to try. I am one of those governors who believe that we can’t run away from the fact that we must adjust the minimum wage in Nigeria. It would have been nice for there to be a central and cohesive and common approach. We would have expected that by now there should have been a direction as to what minimum wage will be for workers in Nigeria.”
Continuing, he said: “We don’t know when that will happen. If it happens, fine and if not, as a State we would need to do what we need to do. For us in Edo State, we have decided to move the minimum wage from N40,000 to N70,000 effective from 1st of May 2024. I think like a capitalist and not a comrade. In my May Day speech, I will give more details on our new minimum wage. If the Federal Government imposes something higher, we would make the necessary adjustments.”
The governor also named the beautiful edifice after his predecessor and current senator representing Edo north senatorial district , Senator Adams Oshiomhole.