Sanwo-Olu spoke on Wednesday during an interview with Channels Television.
“I’m glad to let you know that the minimum wage for Lagos, which we have discussed with our union, is N85,000 today,” Sanwo-Olu said.
“It is not a competition. I am not going to say that we are paying more than some people, it is a function of affordability and capacity.
“We know too well that when people live in Lagos, Lagos has a premium in terms of the cost of living. We are fully aware.
“We also increased our salary earlier in the year. I will want to come back in January and say that I have been able to increase the minimum wage of Lagos to N100,000, not because I want to make anybody look bad, but because I want my people to have a living wage.”
In July, President Bola Tinubu signed the minimum wage bill, increasing the workers’ pay package from N30,000 to N70,000, into law.
Speaking on the identity of Lagos, Sanwo-Olu said he envisions a state where the public transport system is efficient and reliable, and businesses thrive well.
“The dream identity will be a Lagos that truly works for everyone. A Lagos where you can have predictable journey time. You can come out of the office and simply say that in 10 minutes or 35 minutes, you can get to a predictable destination,” the governor said.
“A Lagos that encourages all the creative capabilities and minds that we have. A Lagos where the strength is in the people — the social life and the creative world.
“A Lagos where you expect safety and security to be paramount. A Lagos where the financial transactions continue to blossom well.”