Tinubu’s Govt to Roll Out New Minimum Wage for Junior Federal Workers, Details Emerge

Tinubu's Govt to Roll Out New Minimum Wage for Junior Federal Workers, Details Emerge

Tinubu’s Govt to Roll Out New Minimum Wage for Junior Federal Workers, Details Emerge …C0NTINUE READING HERE >>>

The National Salaries, Incomes, and Wages Commission (NSIWC) has finalized the new minimum wage calculations for junior federal workersA Presidency source revealed that both wage structures will be forwarded to the Office of the Accountant General of the Federation (OAGF) for further processing and implementationThe NSIWC is waiting for the conclusion of negotiations between the Labour Congress (NLC), among others to ensure proper salary adjustments

, Abuja – The National Salaries, Incomes, and Wages Commission (NSIWC) has finalized the calculations for the new minimum wage for junior federal workers, with the computation for senior employees expected to be completed within two to three weeks.

A source from the Presidency disclosed that both sets of data will be sent to the Office of the Accountant General of the Federation (OAGF) for further processing and implementation.

Read also

Minimum wage: threaten to shut down states if governors refuse to pay N70,000

Tinubu's government makes significant step on new minimum wageTinubu’s government makes significant step on new minimum wage
Photo credit: @officialABAT
Source: Facebook

Recently, there was a protracted issue between the federal government and the labour union regarding a new minimum wage. However, after a nationwide instigated by the Labour Union, president Bola Ahmed Tinubu agreed to pay N70,000 as the new minimum wage, The Punch reported.

NSIWC finalizing negotiations with NLC, TUC

The source who spoke to The Nation, also mentioned that the NSIWC is awaiting the outcome of negotiations between the Labour Congress (NLC), the (TUC), and the federal government.

This is to ensure that workers’ pay is properly adjusted in line with the new minimum wage, a process known as consequential adjustment.

Junior workers are typically those on grade levels one to five, while senior staff are on levels six and above, varying by organization.

Read also

Bank directors make new proposition as they oppose billionaire Otedola, Elumelu over windfall tax

The source said:

“This adjustment will determine the new salary scales for workers above grade level five, ensuring that their remuneration is proportionately aligned with the new minimum wage.”

The Presidency source emphasized that these computations are being done to ensure a smooth rollout of the new wage structure, which aims to provide much-needed relief, particularly to junior employees.

Under the new adjustment, junior workers’ monthly earnings will increase from the current N30,000 to N70,000.

The Presidency source said:

“The details for levels one to five have been computed and will be forwarded to the Accountant General’s office very soon

‘’The consequential adjustment is a critical component of the new wage structure, stemming from the recent agreement between the Federal Government and labour unions.

urge govs to pay N70,000 minimum wage

In a related development, Henzodaily.ng reported that have threatened to shut down states when the governors refuse to implement the N70,000 new national minimum wage.

Read also

LG autonomy: Tinubu, governors finally reach 3-month agreement, details emerge

The president of the Association of Senior of (ASCSN), Shehu Muhammed, said the workers will go after states not ready to implement the new minimum wage.

Source: Henzodaily.ng

>

Be the first to comment

Leave a Reply

Your email address will not be published.


*