The federal government, led by President Bola Ahmed Tinubu, has shared an update on the new minimum wage implementation. The Committee on Consequential Adjustments in Salaries for Civil Servants announced that the new wage payments will be retroactively applied, starting from July 29, 2024.…..For More READ THE FULL ARTICLE HERE ▶▶
Thank you for reading this post, don't forget to subscribe!Additionally, the committee recommended reinstating and paying the previously suspended wage award until July 28, 2024. This committee was formed to oversee the enforcement of the National Minimum Wage Act of 2024.
A Memorandum of Understanding from a meeting held on Friday, September 20, disclosed that the federal government would initiate minimum wage payments from July 29. The National Salaries, Incomes, and Wages Commission (NSIWC) is tasked with creating salary templates for various consolidated salary structures to ensure proper implementation of the payments.
Didi Walson-Jack, Head of the Civil Service of the Federation and chair of the committee, stated that current economic conditions were taken into account in the decision-making process. The committee also proposed that the discontinued wage award should continue until July 28, 2024.
The 16-member committee, which was inaugurated in early September, reached an agreement to adjust civil servants’ salaries after deliberations on the National Minimum Wage Act 2024. Walson-Jack emphasized the Tinubu administration’s dedication to providing a fair and equitable salary structure for federal civil servants.…..For More READ THE FULL ARTICLE HERE ▶▶
