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N70,000 Minimum Wage: On Thursday, civil servants will start receiving the minimum wage.

 

 

N70,000 Minimum Wage: On Thursday, civil servants will start receiving the minimum wage.

With effect from September 26, 2024, the federal government of Nigeria has started paying civil officials the new minimum salary. In a special interview with Daily Post, Bawa Mokwa, a representative for the Office of the Accountant-General of the Federation, confirmed this occurrence.CONTINUE FULL READING>>>>>

Mokwa assured that civil servants will begin receiving alerts regarding their updated salary payments starting Thursday.

This implementation marks a significant step in the government’s efforts to address economic challenges faced by workers.

According to Daily Post, the announcement comes amidst ongoing discussions about economic reforms led by President Bola Tinubu, with some politicians, including Abia North Senator Orji Uzor Kalu, praising the president for daring to make bold changes in the country’s economic landscape.

The minimum wage adjustment is expected to provide relief to many workers coping with rising costs and economic hardships.

As the government rolls out these payments, attention is also focused on other pressing issues, including potential tax increases and a looming strike by university lecturers, which could further impact the educational sector.

While the government aims to navigate these challenges, the new wage initiative represents a crucial measure to enhance the livelihoods of civil servants.

Further details regarding the implementation process and its broader implications are expected to emerge in the coming days.CONTINUE FULL READING>>>>>

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