FG reveals announcement for new minimum wage

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FG reveals announcement for new minimum wage

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The Federal Government recently made an exciting announcement regarding an impending increase in the minimum wage for civil servants across the country.

This revelation came during the launch of a new presidential initiative for women's empowerment, where George Akume, the Secretary to the Government of the Federation (SGF), delivered the news on behalf of President Bola Tinubu.

Akume, while representing President Tinubu at the event in Abuja, emphasized the potential positive impact of increased collaboration among the three tiers of government.

He highlighted the significance of this collaboration in leveraging resources from the federation accounts to better serve the populace.

Furthermore, Akume pointed out the forthcoming introduction of more Compressed Natural Gas (CNG) buses as a catalyst for change.

He expressed optimism that as these environmentally friendly vehicles become more prevalent in the country, coupled with preparations for the new minimum wage, significant improvements would be witnessed.

This announcement builds upon previous initiatives undertaken by the Tinubu administration. In 2023, negotiations with organized unions resulted in a statewide strike being averted.

Key components of the deal included the deployment of CNG vehicles as alternatives to gasoline-powered ones, the implementation of a cash transfer program, and a commitment to raise the minimum wage.

In August of the same year, the federal government disclosed plans to invest N100 billion in purchasing 3,000 CNG-powered 20-seater buses by March 2024.

Additionally, in December, an allocation of N130 billion was earmarked for CNG conversion and the adoption of electric vehicles.

These developments come amidst calls for wage adjustments by labor unions. The Nigeria Labour Congress (NLC) has advocated for a new national minimum salary, with specific proposals such as N794,000 for workers in the South-West zone and N540,000 for those in the South-East.

This underscores the ongoing dialogue and negotiation processes aimed at improving the welfare of workers nationwide.

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