We can no longer pay N18,000 minimum wage, Govs cry out

The Governors of the 36 states in Nigeria have said they can no longer pay the N18,000 minimum wage to workers owing to the poor state of the economy. This confession was made after a crucial meeting today. 

The governors said that the dwindling prices of oil had drastically affected their states’ income.

They said that the burden of the wage was lighter when oil sold at $126 as against the current $41 per barrel. They therefore sought to have audience with Pres. Buhari on the economy, resolving that the only way out of the quagmire was to diversify the economy to agriculture and mining. They also agreed that the fine imposed on MTN must be paid in full.