According to them, the minimum wage was imposed on them when oil sold for $126 as against the present price of $41 per barrel.
This was one of the outcomes of the forum’s meeting held on Wednesday evening inside the old Banquet Hall of the Presidential Villa, Abuja. The meeting ended in the early hours of Thursday.
The NGF Chairman, Abdul’aziz Yari of Zamfara State, said the way out of the situation was the diversification of the economy with attention to agriculture and mining.
The governor said, “We resolved that we must look at ways to enhance revenue generation and at the same time look at ways to cut our overhead costs, more especially the political office holders’ salaries and other overhead expenses.
“The situation is no longer the same compared to when we were asked to pay N18,000 minimum wage, when oil price was $126 (per barrel) and continued paying N18,000 minimum wage when the oil is $41, and the source of government expenditure is oil, and we have not seen prospects in the oil industry in the near future.”
The governors also called on the Federal Government to ensure that MTN Nigeria paid in full the N1.04tn fine imposed on it by the Nigerian Communications Commission.
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