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Senator Oshiomhole labels ₦30,000 minimum wage ‘Criminal’, calls for adjustment

by Savvy News
July 24, 2023
in Economy
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Controversy arises as Senator Adams Oshiomhole, representing Edo North senatorial district, voices his opinion on Nigeria’s ₦30,000 monthly minimum wage, terming it a “criminal wage.”

During his appearance on Channels Television’s Sunday Politics, the former governor of Edo State argued that the real value of the minimum wage has considerably diminished over the years, especially when considering the exchange rate.

Oshiomhole highlighted that when the minimum wage was initially introduced during the government of former President Shehu Shagari, it held much greater purchasing power compared to its current value when exchanged at the prevailing rate of ₦800 or ₦700 to the dollar. He believes that the minimum wage should be adjusted to reflect changing economic conditions and ensure a reasonable standard of living for the workers.

The senator further drew a comparison between the treatment of workers in the private sector and those in government employment, asserting that responsible private-sector employers often provide better compensation to their employees than the Federal Government or state governments.

As an illustration of his stance, Oshiomhole disclosed the monthly salary of his cleaner, a primary school-educated individual without a school leaving certificate. Despite her qualifications, he pays her ₦60,000 per month, which is more than double the current minimum wage.

Oshiomhole justified this decision by acknowledging the rising cost of living and the responsibilities she bears, including taking care of her four children. He believes that her choices and circumstances should not be questioned, and thus, paying her anything less than ₦60,000 aligns with his conscience.

The senator stressed that offering a reasonable wage to his cleaner is an ethical responsibility, even though it might not afford her a comfortable living standard. He extends the same sentiment to his driver, acknowledging their crucial role in his life and asserting that they deserve fair compensation for their services.

Tags: Adams OshiomholeLabourMinimum wage
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