Minimum Wage: Nigerian workers confirmed receiving payment from FG

Minimum Wage: Nigerian workers confirmed receiving payment from FG

Minimum Wage: Nigerian workers confirmed receiving payment from FG

Nigerian workers have officially acknowledged the receipt of the new minimum wage set by the Federal Government. This confirmation was made in separate statements by Benson Upah, the spokesperson of the Nigeria Labour Congress, and Tommy Etim, the Deputy President of the Trade Union Congress, on Thursday.

Daily Post exclusively reported on Thursday that the Federal Government has commenced the payment of the N70,000 minimum wage. In response to the initiation of the new minimum wage payment, Upah urged establishments in the country to follow the example set by the Federal Government. He stated, "Yes, I think so. We ask other entities to emulate this example."

Likewise, TUC's Etim mentioned, "FG’s committee on consequential adjustments already released a template, so, no one has any moral ground to delay the payment of the minimum wage. We now advise that all other parties follow suit and commence the payment of the new minimum wage."

A civil servant, speaking on condition of anonymity, confirmed receipt of the new minimum wage payment for September 2024. "I received an alert around 2 pm on Thursday. I am hoping the arrears will come too," they disclosed to Daily Post.

Several federal workers confirmed that they received an additional N40,000 to their previous salary as a consequential adjustment. This implies that over 1.2 million workers under the federal government’s payment have begun to receive the new minimum wage.

Chairman of the National Salaries, Incomes and Wages Commission, Ekpo Nta, confirmed on Tuesday that the government has approved the upward review of the consolidated public service salary structure, CONPSS, in line with the Minimum Wage (Amendment) Act, 2024.

This approval followed President Bola Ahmed Tinubu’s endorsement of the N70,000 new minimum wage on July 18, 2024, which was subsequently passed into law by the Senate. The N70,000 minimum wage represents a 100 percent pay rise from the N30,000 paid under President Muhammadu Buhari’s government.

Notably, the implementation of the payment rise for Nigerian workers coincided with a significant surge in the prices of goods and services, with Headline and Food Inflation standing at 32.15 and 37.52 percent in August 2024.

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