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

Chinese Troops Participate in Pakistan’s Republic Day Parade

ISLAMABAD —  A grand annual military parade marking Pakistan’s Republic Day has for the first time involved Chinese troops, underscoring Beijing’s increasingly strong partnership with Islamabad. The Pakistan military displayed its conventional and nuclear-capable weapons at Thursday’s parade in the capital, where security was extremely tight. Authorities blocked cellular phone networks to deter militants, who have often used mobile phone signals to trigger bombs. Pakistan Day commemorates March 23, 1940, when a resolution was passed to demand the establishment of a separate homeland to protect Muslims in the then British colony of India. Pakistan President Mamnoon Hussain arrives to attend a military parade to mark Pakistan's Republic Day in Islamabad, Pakistan, March 23, 2017. Addressing the nationally televised event, President Mamnoon Hussain thanked China for sending a 90-member contingent of the People’s Liberation Army to the parade, saying the Chinese ...
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

We Will Ensure Things are Done Faithfully in This Government – Prof. Osinbajo

Laolu Akande, Abuja:  The Buhari administration, in line with its Economic Recovery and Growth Plan, would continue to ensure the implementation of policies to drive socio-economic growth and prosperity, according to Vice President Yemi Osinbajo, SAN. Prof. Osinbajo stated this today at the Presidential Villa, Abuja, when he received a delegation from the Lagos Chamber of Commerce and Industry (LCCI). “I think that no one is in doubt that we have very great policies and we will ensure that these things are implemented and are done as faithfully as possible,” he said. The Vice President further said that the private sector in Nigeria will continue to play a prominent role in the economic programmes and initiatives of the Buhari administration. He noted the significance of private sector investment in the economy, adding that collaboration between the Federal Government and the private sector will further boost the country’s economic progress. According to Prof. Osinbajo, ...
Post a Comment
Read more