Bayo Onanuga, the Special Adviser on Information & Strategy to President Bola Tinubu, has expressed concerns about the Nigerian government’s ability to pay a proposed minimum wage of N100,000.
He cited the country’s current financial challenges, stating that most state governments are struggling to pay the present minimum wage of N30,000. Also Read: 10 years jail term for Mama Boko Haram, two others over N40m scam
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Onanuga emphasized that 26 state governments out of 36 are unable to fully comply with the current minimum wage. He questioned whether the federal government would be able to pay a higher minimum wage, given the existing financial constraints. This statement was made during an interview with Arise Television, where he highlighted the low revenue, high domestic and foreign debt, and the substantial percentage of revenue consumed by debt repayment. The concerns raised by Onanuga reflect the ongoing debate and challenges surrounding the proposed increase in the minimum wage in Nigeria.
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The issue has also been a subject of discussion between the government and organized labor, with differing perspectives on the appropriate minimum wage.