Tinubu govt to introduce N70,000 minimum wage, announces start date

• The FG has finalised plans to implement the new national minimum wage of N70,000 from 29th July 2024 along with consequential salary adjustments for various sectors of the federation
• The Office of the Head of the Civil Service of the Federation announced this on Tuesday in a statement signed by the Head of Information and Public Relations Eno Olotu
• This comes weeks after the Joe Ajaero-led NLC asked his colleagues to ensure that Nigerian workers are paid their N70,000 salary

Legit.ng Journalist Esther Odili has over two years of experience covering political parties and movements.

The federal government led by President Bola Ahmed Tinubu is set to implement a new minimum wage from July 29, 2024.

According to reports published on Tuesday, September 24, Tinubu’s government has also approved a change in the pay scheme for lecturers, doctors, military personnel and other public servants.

The development comes after FG and the union signed a Memorandum of Understanding on a new minimum wage of N70,000.

A statement by the Office of the Head of the Civil Service of the Federation, signed by the Head of Information and Public Relations Eno Olotu, said the civil servants’ remuneration committee had agreed that the new minimum wage would come into effect on July 29, 2024.

Olotu said on Tuesday, September 24, that the agreement was part of resolutions reached at the end of the committee meeting in Abuja, which was held on Friday.

A committee chaired by Didi Esther Walson-Jack, the federation’s head of civil service, appointed last week has finalised the terms of the new pay structure.

HCSF stated:

“Both the union and government sides have agreed on appropriate salary adjustments resulting from the new minimum wage of N70,000.”

You can read more about the new minimum wage here:

NLC: N70k Minimum Wage Now Useless

Earlier, Legit.ng reported that the Nigeria Labour Congress expressed regret over the adoption of the N70,000 minimum wage.

At a recent event in Lagos State, Joe Ajaero lamented that the N70,000 salary had become useless in the face of soaring petrol prices and continuing economic hardship.

The NLC president also lamented that Tinubu had betrayed the unions by increasing fuel prices immediately after signing the new minimum wage bill into law.

Source: Legit.ng