Labour Party Vows N120,000 Minimum Wage if Elected in Ondo

Dr. Ayodele Olorunfemi, the Labour Party (LP) governorship candidate for the November 16 election in Ondo State, has pledged to implement a N120,000 minimum wage for workers if elected.

In an interview with the News Agency of Nigeria (NAN) on Tuesday, Olorunfemi emphasized that well-paid workers tend to be more productive than their poorly paid counterparts.

“As at 2023 when we were campaigning, we assured our people that LP would be paying a minimum of N80,000 minimum wage in Ondo, that was before the economy got to where it is today,” Olorunfemi stated. “With the situation in the market now, looking at the cost of living, if this state is put under our control, we shall not pay anything less than N120,000 as minimum wage. That is the minimum we can pay and we believe we will be able to afford it.”

Olorunfemi also mentioned the party’s plans to increase workforce engagement in the state, thereby motivating workers to boost productivity and enhance the state’s Internally Generated Revenue (IGR). “The fact that I know is that what we have now can pay the minimum wage. We want our workers to be productive so that more wealth can come to the state,” he said.

Additionally, Olorunfemi highlighted his administration’s commitment to constructing a dry port in Ondo State to alleviate traffic inflow into Lagos and promote economic growth. “When we take over as LP, the first agenda is to make sure there is a port in Ondo State, to boost business and the economy. We are working with Alaba International Market Association in Lagos. We are going to work on how to have our own dry port to decongest Alaba International Market in Lagos. We are getting a dry port at Ore and a very big international market that will reduce traffic inflow to Lagos,” he added.