Workers won’t suffer any losses because the new minimum wage will go into effect on May 1, 2024, according to the Federal Government, even if the Tripartite Committee on National Minimum Wage hasn’t finished its discussions.
This was said on Wednesday during the May Day celebration in Abuja by Hon. Nkeiruka Onyejeocha, the Minister of State for Labor in Abuja.
Recall from Wakadaily headlines earlier, it stated that the Federal Government has authorized raising civil servant wages on the six Consolidated Salary Structures currently in place by a range of 25% to 35%.
CONPSS (Consolidated Public Service Salary Structure), CONRAISS (Consolidated Research and Allied Institutions Salary Structure), CONPOSS (Consolidated Police Salary Structure), CONPASS (Consolidated Para-military Salary Structure), CONICCS (Consolidated Intelligence Community Salary Structure), and CONAFSS (Consolidated Armed Forces Salary Structure) are the Salary Structures.
According to a statement released on Tuesday and signed by Emmanuel Njoku, Head of Press for the National Salaries, Incomes and Wages Commission (NSIWC), the hikes will take effect on January 1, 2024.
The Minister expressed sorrow that the new national minimum wage was not available before Workers’ Day this year, but emphasized that extensive consultations were being held to guarantee that the document was released as soon as possible.
The Trade Union Congress (TUC) and the Nigeria Labour Congress (NLC) have both urged President Bola Tinubu’s administration to expedite the upward review of salary awards.
Recently, in order to deal with the many economic realities and high cost of living in Nigeria, the Organized Labour proposed N615,000 as the new minimum wage for workers.
The labor unions bemoaned that not all governors were paying the current wage award, which expired in April, five years after former President Muhammadu Buhari signed the Minimum Wage Act of 2019, claiming that the current minimum wage of N30,000 could no longer support the well-being of the average Nigerian worker. Every five years, the Act must be reviewed to ensure it still aligns with modern economic realities.
