Wednesday, 01 May 2024 04:43

FG announces marginal salary raise for federal civil servants

Rate this item
(0 votes)

 

Federal Government on Tuesday raised salaries for government workers by between 25% and 35%, backdated to January, the salaries commission said, as Africa's biggest economy grapples with its worst cost of living crisis in nearly three decades.

The lowest-paid government employee will earn 450,000 naira ($323.97) a year or 37,500 monthly, the National Salaries, Incomes and Wages Commission said in a statement.

The increase covers all federal government employees, including those in the health, education and security sectors.

The government is separately negotiating with labour unions on a new national monthly minimum wage, which was last reviewed in 2019.

Nigerians are facing inflation of 33.20%, the highest in 28 years, after the government removed a popular petrol subsidy and foreign currency controls, which weakened the naira.

The country's electricity regulator this month hiked tariffs for some consumers.

($1 = 1,389.0000 naira)

 

Reuters

May 13, 2025

NGX records significant growth in Q1 2025 trading activity

The Nigerian Exchange Limited (NGX) reported a remarkable 44.8% surge in equity transactions for Q1…
May 12, 2025

Northern leaders demand urgent action on insecurity, push for state police

Amid worsening insecurity across Nigeria, the 19 Northern governors and traditional rulers have called for…
May 10, 2025

The No. 1 lesson I learnt about relationship building, from a human connection specialist

Developing healthy, lifelong connections is something that Mark Groves knows all about: He equips individuals…
May 10, 2025

Town residents involutarily get high after Police burn 20 tons of confiscated cannabis

The 25,000 residents of Lice, a town in Turkey’s Diyarbakır province, involuntarily got high after…
May 13, 2025

Terrorists attack Nigerian army base in Borno, troops missing, sources say

Suspected Islamist militants attacked a Nigerian army base and captured soldiers and ammunition during a…
May 13, 2025

Here’s the latest as Israel-Hamas war enters Day 585

Freed Israeli-American hostage leaves Gaza, Israel says no ceasefire An Israeli-American hostage was released from…
May 11, 2025

African diet – plantains and cassava can be as healthy as tomatoes and olive oil,…

Plantains, cassava and fermented banana drink should be added to global healthy eating guidelines alongside…
May 13, 2025

Nigeria's Flying Eagles qualify for World Cup after dramatic win over Senegal

Nigeria's U-20 national football team, the Flying Eagles, have secured their place at the 2025…

NEWSSCROLL TEAM: 'Sina Kawonise: Publisher/Editor-in-Chief; Afolabi Ajibola: IT Manager;
Contact Us: [email protected] Tel/WhatsApp: +234 811 395 4049

Copyright © 2015 - 2025 NewsScroll. All rights reserved.