Tinubu Announces 6-Month N35,000 Wage Increase for Federal Workers

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Amazin Zion

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Mar 1, 2023
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On Sunday, President Bola Tinubu approved an additional N35,000 wage for all federal government workers for the next six months to cushion the effect felt by the removal of fuel subsidy.

The President was represented by the Chief of Staff, Femi Gbajabiamila; the Minister of Information, Mohammed Idris; and the Minister of Labour and Employment, Simon Lalong, amongst other ministers who attended the meeting in State House, Abuja.

In the meeting, the Federal Government announced that it would fast-track the implementation of Compressed Natural Gas (CNG) buses to reduce the hike in transportation fares caused by the removal of fuel subsidy.

The Federal Government also said it is committed to providing funding for micro and small-scale enterprises and a six-month waiver on VAT on diesel.

Additionally, the Federal Government also announced the payment of N75,000 to 15 million households at N25,000 per month for the next three months, beginning from October to December 2023.

Read more: https://www.investingport.com/tinub...increase-for-federal-workers/#google_vignette