N70,000 Minimum Wage Was Planned Three Years Back, Says Obaseki

Governor Godwin Obaseki of Edo State revealed on Wednesday that his administration had intended to implement a minimum wage of N70,000 three years ago, as early signs indicated that the economy was heading in the wrong direction. He made this announcement during a ceremony at the Government House in Benin, where he was presented with the Award for Exceptional Courage in Leadership by the Editorial Board of Tell Magazine.

Obaseki explained that the state had made preparations for the increase in minimum wage when he first raised concerns about the excessive borrowing by the Federal Government to fulfill its obligations. He expressed gratitude that their foresight had been proven right, as their sincerity had enabled them to overcome various challenges.

The governor emphasized that Edo State had a promising future with a transparent government and a stronger economy, thanks to the institutional reforms they had implemented to enhance state management. He further stated that his administration had planned for continuous growth and pledged to complete all ongoing projects and initiatives before the end of their term.

In order to ensure a smooth transition for the next administration, Governor Obaseki announced his intention to establish a transition team. This team would compile a comprehensive record of their achievements, projects, and undertakings, which would serve as a valuable resource for the incoming administration.