Edo Governor, Obaseki Increases Minimum Wage To N70,000
Governor of Edo State, Godwin Obaseki has announced an increase in the minimum wage for workers in the state from N40,000 to N70,000.
The governor made this known at the inauguration of the newly built ultra-modern Labour House secretariat complex for labour unions in the state, along Temboga Road, Ikpoba-Hill, Benin City.
According to him, the new wage comes into effect on May 1st, 2024.
This is as the Nigeria Labour Congress (NLC) battles the Federal Government over increasing the minimum wage to match increasing national inflation and skyrocketing food inflation.
The inflation rate for March 2024 hit 33.2 per cent from 31.70 per cent in February, according to the National Bureau of Statistics (NBS). Food inflation also rose to 31.7 per cent in March from 30 per cent in February.
