N30,000 minimum wage: States return to drawing board
They are also awaiting guidelines from the National Salaries, Income and Wages Commission on how best to handle the situation.
The commissioner explained that the government would take the necessary step if it was confronted with inability to pay. Investigations revealed that the state government receives between N2.5 and N3.8 billion monthly, going by the figure usually released by the Joint Allocation Account Committee . It was gathered that the state government currently spends over N2 billion on the payment of workers’ salaries.
Apart from paying salaries and meeting financial obligations in respect of projects, the state also services the loan taken for the execution of the Tinapa complex.There is also the controversial superhighway expected to gulp over N700 billion. He said: “The issue of the minimum wage is a matter the governor-elect will not comment on until he is sworn in and assumes office on May 29.Investigation showed that the current monthly wage bill of workers in the state is about N4 billion, pensions gulp N1.4 billion, while internally generated revenue is N1.4 billion per annum.Speaking on the state’s chances of paying the new minimum wage, the Commissioner for Budget and Planning, Iyke Njoku, described it as a complicated issue.
Bello said that while he is committed to paying the new minimum wage, “we will initiate discussions with the organised labour on how to proceed with the necessary modalities for the full implementation of the 30,000 minimum wage bill as signed into law by the President.” “It keeps fluctuating, but we have arrived at a point where I think today, we can target N2 billion as IGR in Abia and achieve it.
On the possibility of the wage bill being a burden on the state, the commissioner said: “There is no doubt that it is going to be a big burden on the state.
Nigeria Latest News, Nigeria Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
N30,000 minimum wage: NLC chapters set to write govs on implementationThere are strong indications that the state chapters of the Nigeria Labour Congress will as from May 1 begin talks with their state governments on the implementation of the N30,000 minimum wage rec...
Read more »
N30,000 minimum wage: Labour issues strong warning to state governors - Daily Post NigeriaThe labour movement in Nigeria has charged state governors to implement the new National Minimum Wage recently signed into law by President Muhammadu Buhar
Read more »
Bagudu promises to pay N30, 000 minimum wage | The Guardian Nigeria News - Nigeria and World NewsKebbi State Governor Abubakar Atiku Bagudu has indicated willingness to implement the N30, 000 minimum wage approved by the National Assembly and assented to by President Muhammadu Buhari. NIgeria Kebbi
Read more »
Okowa urges governors to pay new N30,000 minimum wage - Premium Times NigeriaGovernor Ifeanyi Okowa of Delta State said on Tuesday the new minimum wage for Nigerian workers was long overdue and urged state governors to implement the N30,000 minimum wage recently signed by President Muhammadu Buhari.
Read more »
N30,000 minimum wage not a license to bully workers - PDP – Daily TrustThe Peoples Democratic Party, PDP, has said the signing of the N30,000 minimum wage by President Muhammadu Buhari should not be a...
Read more »
Oyo govt., labour meet over N30,000 minimum wage – Daily TrustThe Oyo State Government has met with representatives of labour unions on the implementation of the N30,000 new minimum wage in the state.
Read more »
Labour, govt meet over N30,000 minimum wage - Daily Post NigeriaThe Oyo State Government has met with representatives of labour unions on the implementation of the N30,000 new minimum wage in the state. The meeting, whi
Read more »
N30,000 minimum wage not a license to bully workers — PDP – Daily TrustThe PDP said yesterday the signing of the N30,000 minimum wage by President Muhammadu Buhari should not be a justification for any form of bullying or victimization of the Nigerian workers. The party in a message by its National Publicity Secretary, Kola Ologbondiyan on the ocassion of Workers Day celebration, said the APC – led …
Read more »
I'll pay N30, 000 minimum wage before leaving office - BindowGovernor Mohammed Jibrilla Bindow of Adamawa State has committed himself to the N30, 000 monthly minimum wage, stressing that he would..
Read more »
May Day: Labour demands immediate payment of N30,000 new minimum wageThe Nigerian workers have demanded for the immediate payment of the new N30,000 minimum wage as stated by President Muhammadu...
Read more »