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N30,000 minimum wage: Govs demand review of revenue-sharing formula

State governors have intensified their call for a review of the nation’s revenue-sharing formula if they must pay the proposed N30,000 new National Minimum Wage, The PUNCH learnt on Thursday.

The PUNCH correspondent gathered that governors renewed their demand at Thursday’s meeting of the National Economic Council held at the Presidential Villa in Abuja.

The meeting, which was presided over by Vice-President Yemi Osinbajo, resolved to refer the matter to the National Council of State for more consultations, especially with the call for a review of the revenue-sharing formula.

Recall that an extra-ordinary meeting of the Federal Executive Council presided over by President Muhammadu Buhari had earlier on Tuesday asked the NEC to look into the controversial wage issue.

The PUNCH, January 18, 2019

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