FG Approves Disbursement of N70,000 Minimum Wage for Nigerian Workers

The Nigerian government under the leadership of President Bola Tinubu has approved the payment of the newly approved N70,000 minimum wage to workers in the country.

The latest development was made known by the Spokesperson of the Office of the Accountant-General of the Federation, Bawa Mokwa on Thursday.

However, Mokwa who confirmed that payment will commence on Thursday, September 26, 2024, expressed uncertainty over the minimum wage arrears.

Mokwa said, “Federal Government civil servants will start getting the new minimum wage from today (Thursday) this September 2024. What I can tell you is that the minimum wage salary payment is today I am not sure of the arrears.”

The latest development comes hours after the National Youth Service Corps (NYSC) secured a 133.33 percent increase for corps members.

Investors King reported that the increase was in line with the enactment of the National Minimum Wage (Amendment) Act 2024 by the President Bola Tinubu-led government.

The NYSC also revealed that the Chairman of the National Salaries, Incomes and Wages Commission, Ekpo Nta, confirmed the upward review of consolidated public service salary structure, CONPSS in line with the Minimum Wage (Amendment) Act, 2024.