Skip to main content

Federal Govt Makes U-turn, Says New Minimum Wage To Take Effect From May 1, 2024 Instead of Jan 1

 The Nigerian Federal Government has assured workers that despite ongoing negotiations by the Tripartite Committee On National Minimum Wage, they will see an increase in their wages starting May 1, 2024. The announcement was made by the Minister of State for Labour, Hon. Nkeiruka Onyejeocha, during the May Day celebration in Abuja. Previously reported by LEADERSHIP, the government sanctioned a significant salary boost ranging between 25% and 35% for civil servants across six Consolidated Salary Structures. These structures include CONPSS, CONRAISS, CONPOSS, CONPASS, CONICCS, and CONAFSS.


According to LEADERSHIP News reports, A statement signed by the Head of Press, National Salaries, Incomes and Wages Commission (NSIWC), Emmanuel Njoku, on Tuesday, said the increases take effect from January 1, 2024. The Minister said it was regrettable that the new national minimum wage was not ready before this year’s Workers’ Day, but that a wide consultation was ongoing to ensure that the document is out together as soon as possible.

The Nigeria Labour Congress (NLC) and the Trade Union Congress (TUC) have consistently urged for a swift wage review to address economic challenges. Recently, they demanded a new minimum wage of N615,000,emphasizing the inability of the current N30,000 minimum wage to meet workers' needs amidst economic challenges. They highlighted concerns that some governors were not adhering to the current wage, which expired in April, five years after the Minimum Wage Act of 2019 was enacted. This act mandates a review every five years to align with economic realities.









Comments

Post a Comment

Popular posts from this blog

Jailbreak: FG pledges to relocate correctional centers

  Jailbreak: FG pledges to relocate correctional centers Published   on   April 26, 2024 By   Esther Chisom Tunji-Ojo made the pledge when he visited the Suleja Medium Security Custodial Centre. DAILY POST recalls that 119 inmates escaped from the prison following a rainstorm that damaged the facility on Wednesday. The minister said it was imperative to relocate a lot of the correctional centres to a more conducive environment. “This facility was built in 1914 to house 250 inmates; before this incident, we had 499. “This is a testimony to what we keep talking about the overcrowding of our correctional centres. “You can look at the environment, it shows that we need to relocate them away from city centres to create better space, better security, and better infrastructure,” he said in a statement issued in Abuja by the Director of Press and Public Relations of the ministry, Mr Ozoya Imohimi. Tunji-Ojo said the ministry is already working behind the scenes to build a be...
Post a Comment
Read more

Ranking the World's Most Iconic Football Stadiums

  The world's top football stadiums are more than just venues for games; they're iconic representations of a team's heritage and character. Here are a few of the most renowned stadiums: 1. Wembley Stadium (London, England): This legendary venue has hosted some of the biggest games in football history, including the 1966 World Cup Final and the 2011 Champions League Final. Its impressive arch and excellent acoustics make it a standout stadium. 2. Allianz Arena (Munich, Germany): This modern stadium is known for its sleek design and vibrant atmosphere. Its exterior shell changes color depending on the team playing, making it a unique and recognizable landmark. 3. Santiago Bernabéu (Madrid, Spain): As the home stadium of Real Madrid, Santiago Bernabéu is a symbol of the team's success and legacy. Its excellent acoustics, modern design, and electric atmosphere make it a must-visit for any football fan. 4. Signal Iduna Park (Dortmund, Germany): This stadium is famous for its...
Post a Comment
Read more

FG set to deploy first batch of CNG vehicles ahead of Tinubu's one year in office come 29th May 2024

  FG announce plans to deploy the first batch of CNG Vehicles ahead of first anniversary of Tinubu in office on May 29th 2024. Said N100 billion was allocated to purchase 5,500 CNG vehicles, 100 electric buses, and over 20,000 CNG conversion kits. Deployment of CNG vehicles is parts of FG’s vision to have at least one million natural gas propelled vehicles on the roads by 2027. The Federal Government has announced plans to start the deployment of Compressed Natural Gas (CNG) buses and tricycles   for mass transit ahead of Tinubu administration’s first anniversary on May 29th. The move was disclosed by the Special Adviser to the President on Information and Strategy, Bayo Onanuga, in a statement on Sunday April 21st 2024. According to him, the Federal Government allocated N100 billion last year to purchase 5,500 CNG-powered vehicles (buses and tricycles), 100 electric buses, and over 20,000 CNG conversion kits. The funding, which is part of the N500 billion palliative budget, a...
Post a Comment
Read more