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Jubilation as Oyo government announces N70,000 minimum wage.
The Oyo state government is confident that the recently approved N70,000 minimum wage by the federal government will not be too challenging to implement.
Sulaimon Olanrewaju, the chief press secretary to Governor Seyi Makinde, confirmed this to The Nation on Friday, July 19.
Olanrewaju recalled that during the 2024 Workers Day celebration, the governor had pledged to pay whatever the national minimum wage would be set at.
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Olanrewaju said: “At the event marking Workers’ Day on May 1, 2024, Oyo State governor, Seyi Makinde, promised to pay whatever the national minimum wage is.
“That promise stands. So, Oyo will pay the new minimum wage.
“The current minimum wage in Oyo is N30,000 but since October 2023 the state has been paying N25,000 wage award.
“This means the state has been paying N55,000 minimum wage since October last year without owing a single month. Transiting from N55,000 to N70,000 will not be too herculean.”
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