N80,000 Minimum Wage: Oyo Trailing Only Lagos, Rivers States – Oyo Speaker, Ogundoyin Applauds Makinde
Following the announcement of #80,000 minimum wage for workers in Oyo State by Governor Seyi Makinde, the State House of Assembly has commended the Governor for his continuous worker friendly policies and approach.
A statement issued and signed by the Speaker, Rt. Hon. Adebo Ogundoyin on Thursday said with this announcement, Oyo State leaps to the second spot, trailing only Lagos and Rivers States, which approved N85,000.
He said Oyo State now surpasses other leading states like Delta, Ogun, Ondo, Edo, and others in the amount approved as minimum wage.
“It is a good news that Governor Seyi Makinde has once again demonstrated its commitment to the welfare of workers in the state. The approval of N80,000 as the minimum wage for Oyo workers is a laudable decision that underscores the governor’s worker-centric approach to governance.
“This development is a significant milestone in His Excellency’s quest to improve the standard of living of our workers and promote industrial harmony in the state. The N80,000 minimum wage is not just a monetary incentive; it’s a statement of our administration’s resolve to recognize the invaluable contributions of our workers to the development of Oyo State. We believe that a motivated workforce is essential to driving economic growth and prosperity in our state.”
The Speaker said despite not being among the States with highest allocation from the federation account, Governor Seyi Makinde’s gesture will serve as a model for other States to follow.
“This is a significant gesture, especially considering that the state doesn’t receive the highest allocation from the federation account. Makinde’s administration has consistently prioritized workers’ welfare and the state’s economic development. His policies have led to a remarkable growth in Oyo State’s Internally Generated Revenue (IGR). In fact, the state has seen a 90% increase in IGR through partnerships with the private sector and development agencies. This growth is a testament to the effectiveness of Makinde’s economic strategies.”
The Speaker urged workers in the state to reciprocate this gesture by rededicating themselves to their duties and contributing to the overall development of Oyo State.
He also called on the private sector to emulate the state government’s lead and prioritize the welfare of their employees.
