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Friday, October 18, 2024

Federal Gov’t Makes U-turn, Says New Minimal Wage To Take Impact From Could 1, 2024


The Federal Authorities has stated that though the Tripartite Committee On Nationwide Minimal Wage was but to conclude its negotiations, staff is not going to lose something as the brand new minimal wage will take impact from Could 1, 2024.

The Minister of State for Labour, Hon. Nkeiruka Onyejeocha, acknowledged this on Wednesday whereas addressing Nigerian staff on the Could Day celebration in Abuja.

Recall that LEADERSHIP earlier reported that the Federal Authorities has authorised a rise of between 25% and 35% in salaries of civil servants on the prevailing six Consolidated Wage Buildings.

The Wage Buildings are the Consolidated Public Service Wage Construction (CONPSS), Consolidated Analysis and Allied Establishments Wage Construction (CONRAISS), Consolidated Police Wage Construction (CONPOSS), Consolidated Para-military Wage Construction (CONPASS), Consolidated Intelligence Neighborhood Wage Construction (CONICCS), and Consolidated Armed Forces Wage Construction (CONAFSS).

A press release signed by the Head of Press, Nationwide Salaries, Incomes and Wages Fee (NSIWC), Emmanuel Njoku, on Tuesday, stated the will increase take impact from January 1, 2024.

the Minister stated it was regrettable that the brand new nationwide minimal wage was not prepared earlier than this 12 months’s Employees’ Day, however {that a} vast session was ongoing to make sure that the doc is out collectively as quickly as doable.

The Nigeria Labour Congress (NLC) and the Commerce Union Congress (TUC) had at numerous instances known as on the administration of President Bola Tinubu to hasten the upward overview of wage awards.

Lately, the Organised Labour demanded N615,000 as the brand new minimal wage for staff with the intention to deal with the various financial realities and excessive price of dwelling in Nigeria.

The labour unions stated the present minimal wage of N30,000 can not cater for the wellbeing of a median Nigerian employee, lamenting that not all governors have been paying the present wage award which expired in April, 5 years after the Minimal Wage Act of 2019 was signed by former President Muhammadu Buhari. The Act is to be reviewed each 5 years to fulfill up with up to date financial realities.

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