According to the Southwest governors on Monday, negotiations between the Nigerian government and organised labour should consider fiscal federalism.

Regardless of the conclusion, the governors declared their support for the minimum wage negotiations.

Following a meeting of the state’s governors, Lagos State Governor Babajide Sanwo-Olu, who serves as the forum’s chairman, revealed this.

Sharing on X, Sanwo-Olu penned: “After the conclusion of our South West Governors’ Forum meeting today at Lagos House Alausa, Ikeja, I was elected as the new chairman of the forum.

“Today, we honour the memory of our late chairman, Arakunrin Oluwarotimi O. Akeredolu, SAN, CON. May his soul rest in peace.

“During our discussions on various issues affecting our states, we reached the following resolutions: We are grateful to the House of Representatives and South West Caucus for their efforts on the South West Development Commission Bill and urge the Senate to expedite its passage.

“We commend Mr. President, H.E. Bola Ahmed Tinubu, GCFR, for the Lagos-Calabar Coastal Road project and other initiatives, and we call for further road rehabilitation by the Federal Government.

“On the matter of security, we are pleased with the peace in the South West and advocate for the establishment of state police. Collaboration between security agencies and the Amotekun Corps is very important.

“We stand united in supporting ongoing discussions on the minimum wage with an expectation of fair outcomes that reflect fiscal federalism. We endorse the Federal Government’s efforts on mineral resources and urge increased collaboration with states in granting leases to investors.

“We have agreed to bolster the efficiency of the DAWN Commission, with a focus on economic integration. These decisions and more are aimed at advancing the development and prosperity of our South West states.”

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