Connect with us

Jobs

Federal Government Approves 25-35% Pay Rise for Civil Servants on Eve of May Day

Published

on

civil-servants

The federal government has sanctioned a significant pay increase ranging between 25 and 35 percent, effective from January 1, 2024.

The announcement, made on the eve of May Day, also known as Labour Day, showed government acknowledgment of the contributions and welfare of the nation’s workforce.

The decision comes amidst the culmination of the deliberations of the 37-member tripartite committee on national minimum wage, led by former Head of Civil Service of the Federation, Bukar Goni Aji.

Launched in January, the committee’s report is set to be submitted shortly, addressing critical concerns regarding wage structures and standards.

According to Emmanuel Njoku, Head of Press at the National Salaries, Incomes, and Wages Commission (NSIWC), the pay increments extend across various consolidated salary structures, encompassing entities such as the Consolidated Public Service Salary Structure (CONPSS), Consolidated Research and Allied Institutions Salary Structure (CONRAISS), and others.

The federal government has also approved commensurate pension increases, ranging from 20 to 28 percent, for pensioners enrolled in the Defined Benefits Scheme within these structures.

While the news of the wage hike has been met with anticipation and optimism by some, the Nigeria Labour Congress (NLC) has expressed skepticism, dismissing the move as inconsequential.

Chris Onyeka, Assistant General Secretary of the NLC, rebuffed the announcement, stating that the commission lacks the authority to dictate national minimum wage rates.

Onyeka emphasized the need for substantive actions that truly address the concerns of civil servants and the working class.

Despite the NLC’s reservations, the wage increase marks a significant development for government workers grappling with the economic challenges exacerbated by inflation and rising living costs.

The approval signifies the government’s recognition of the imperative to provide adequate remuneration to sustain the livelihoods of its workforce.

In response to inquiries regarding the timing of the announcement, Njoku clarified that there is no wrong time to implement policies beneficial to workers.

He assured that the government would promptly disburse the arrears owed to employees from January onwards.

However, behind the scenes, speculation persists regarding the motives driving the government’s swift action.

Sources within senior government circles hinted that the announcement was preemptive, aimed at forestalling potential unrest during the May Day celebrations.

Concerns over the prospect of organized labor protests prompted government officials to expedite the wage increase, averting potential clashes or disruptions.

In light of these developments, the onus lies on the government to engage constructively with stakeholders to address the broader issues confronting the workforce.

As civil servants welcome the prospect of improved remuneration, the nation awaits further initiatives to enhance the welfare and prosperity of its labor force, underscoring the significance of sustained dialogue and collaboration between the government and labor unions.

Is the CEO and Founder of Investors King Limited. He is a seasoned foreign exchange research analyst and a published author on Yahoo Finance, Business Insider, Nasdaq, Entrepreneur.com, Investorplace, and other prominent platforms. With over two decades of experience in global financial markets, Olukoya is well-recognized in the industry.

Continue Reading
Comments

Jobs

Gov Aiyedatiwa Announces Minimum Wage Increase for Ondo Workers After Ten Months in Office

Published

on

Governor Lucky Aiyedatiwa has announced an increase in the minimum wage of civil servants in Ondo State.

Governor Aiyedatiwa, who revealed the new wage of N73,000 for the state’s workforce during the All Progressives Congress (APC) campaign flag-off in Ondo West Local Government Area on Saturday, stated that the government has implemented measures, including training programs and timely salary payments, to motivate civil servants.

Investors King reports that Aiyedatiwa assumed office as the acting governor of Ondo State following the death of former Governor Rotimi Akeredolu, who passed away at 67 after battling leukemia.

As Aiyedatiwa prepares to contest the governorship in the off-cycle election scheduled for November 16, 2024, under the APC platform, he reiterated his commitment to improving the welfare of civil servants in the state.

He urged residents and citizens to turn out in large numbers and vote for him.

“Our civil servants are being motivated through various training programs, and their salaries are being paid regularly. We do not owe, but let me announce to you that this administration has decided to implement the new minimum wage,” Aiyedatiwa said.

“While the minimum wage is set at N70,000, ours will be N73,000. We will continue to improve your welfare and advance further. On November 16, 2024, come out in large numbers and vote for APC.”

In September, the Federal Government approved the payment of the newly set N70,000 minimum wage for workers across the country, as confirmed by Bawa Mokwa, spokesperson for the Office of the Accountant-General of the Federation.

Continue Reading

Jobs

Zulum Unveils Teachers’ Housing Project in Borno’s Buratai Community

Published

on

Teachers in the Buratai community located in the Biu Local Government Area of Borno State are set to benefit from the Teachers’ Housing Project initiated by Governor Babagana Zulum’s administration.

Investors King gathered that the government is donating ten housing units for school teachers in the community.

During the project’s inauguration, Zulum explained that the housing initiative comprises 10 two-bedroom semi-detached bungalows.

He emphasized that this project demonstrates his administration’s commitment to providing affordable, quality healthcare and education services.

The governor noted that the initiative is part of a broader strategy to alleviate the housing challenges faced by teachers in the region.

Zulum stated, “I want to assure you that this administration is committed to providing affordable, quality healthcare delivery and, most importantly, education, which is the foundation for any meaningful development. Without education, there will be no meaningful progress.”

On October 10, the Borno State government secured a donation of 1.2 million euros from the Swiss Federation to support victims of the recent floods in the state.

The donation, directed to the Borno State Flood Disaster Relief Fund, was announced by the Swiss Ambassador to Nigeria, Nicolas Lang, during a condolence visit to the government house in Maiduguri, the Borno State capital.

Ambassador Lang was accompanied by Senior Humanitarian Advisor Nicolas Martin-Achard and Senior Political Advisor Florent Geel.

Lang noted that a previous donation from the Swiss government had been successfully used for its intended purpose, which was to support the Borno Model and mitigate the ongoing humanitarian crisis in the region.

He reiterated Switzerland’s continued support for the Borno State government, particularly residents affected by the crisis.

Continue Reading

Jobs

Kogi State Civil Servants Rejoice as Governor Ododo Increases Minimum Wage to N72,500

Published

on

Civil servants in Kogi State are celebrating as Governor Usman Ododo has increased the state’s minimum wage to N72,500.

Investors King reported that during the unveiling ceremony of the new minimum wage on Monday, October 7, Governor Ododo announced an immediate salary increase for civil servants in the state.

According to the governor, the wage increase aims to help civil servants in Kogi cope with the economic hardship in the country and support families in the state. The Governor also announced a one-year suspension of the Pay-As-You-Earn (PAYE) tax.

The Governor promised to allocate state resources equally to all sectors while emphasizing the efforts put in by government officials to filter out ghost workers from the system.

Ododo said, “I can not forget where I came from, I am a man from a humble background who became who I am by the grace of God and will therefore not use my position to oppress anyone but to better the lots of the people.

“You people generously elected me as your governor, and the resources of the state belong to you all, I am just your chief servant and I will ensure that the resources are allocated to all sectors fairly and equitably.

“All you have seen today is the painstaking efforts of the labour leaders and government who conducted staff audit screenings in the previous administration all in a bid to ensure that the right people take what belongs to them as workers and not ghost workers.”

“The new N72,500 minimum wage should take immediate effect, to enable the workers to cope with the current situation in the country.”

Speaking further, the Chairman of the state Minimum Wage Committee, Mr Elijah Evenemi, distanced the latest achievement from political affiliation.

Evenemi appreciated the governor for allowing the committee to operate without interference, which according to him helped them to achieve the goal.

Reacting to the announcement, the Association of Local Government Secretaries of Nigeria, Kogi State Chapter, thanked Governor Ododo for prioritizing the welfare of civil servants in the state.

The association stated that the salary increase would make their work easier, especially considering the current situation in the country, and also pledged their continued support for the governor.

Continue Reading
Advertisement
Advertisement




Advertisement
Advertisement
Advertisement

Trending