He said:
“I’m glad to let you know that the minimum wage for Lagos, which we have discussed with our union, is N85,000 today,”
“It is not a competition. I am not going to say that we are paying more than some people, it is a function of affordability and capacity.
“We know too well that when people live in Lagos, Lagos has a premium in terms of the cost of living. We are fully aware.
“We also increased our salary earlier in the year. I will want to come back in January and say that I have been able to increase the minimum wage of Lagos to N100,000, not because I want to make anybody look bad, but because I want my people to have a living wage.”
In July, President Bola Tinubu signed the minimum wage bill, increasing the workers’ pay package from N30,000 to N70,000, into law.
Speaking on the identity of Lagos, Sanwo-Olu said he envisions a state where the public transport system is efficient and reliable, and businesses thrive well.
“The dream identity will be a Lagos that truly works for everyone. A Lagos where you can have predictable journey time. You can come out of the office and simply say that in 10 minutes or 35 minutes, you can get to a predictable destination,” the governor said.
“A Lagos that encourages all the creative capabilities and minds that we have. A Lagos where the strength is in the people — the social life and the creative world.
“A Lagos where you expect safety and security to be paramount. A Lagos where the financial transactions continue to blossom well.”
