FG spends N177 billion naira on payment awards in 4 months

Wakadaily gathered that the Federal Government has spent N177.4 billion naira to balance payment of salary grant to civic servants in four months.

The payment of salary grants to Nigerian employee was one of the deals agreed on by the organised labour and the Federal Government as one of the ways to reduce the effects the removal of subsidy on Premium Motor Spirit, generally known as petrol.

Govspend, a civic tech platform which analysis the FG spending noted that  the office of the Accountant General of the Federation, made a monthly payment of M44.34 billion naira to the Integrated Payroll and Personnel Information System  transaction account, a platform that keeps payment history of all federal employees in the organisation..

That means the government has paid N177.4 billion naira to 1,266,906 federal civil servants in four months and N77.4billion naira more than the commandeer grants in the 2023 additional financial plan.

President Bola Tinubu announced the removal of petrol subsidy in May 2023, promised to give a N35,000 payment salary to federal Government employees for six months. Although it was, suspended after two months.

The Nigeria Labour Congress and the Trade Union Congress object the Government’s adjournment of the payment and earlier threatened an industrial strike, if the government fail to resolve the payment, which was included in the 2023 additional financial plan.

In a project, it was stressed that the four months payment grant would cost the Federal Government around N210 billion naira.

Although, the document approved showed that it would now cost the Federal Government about N110 billion naira.

According to the Minister of state for Labour, Nkeiruka Onyejeocha, the government would resume the payment of the wage awards.

“I am here specifically to reassure you that we have not forgotten about the agreements between the government and trade unions. Thank God that you have confirmed that the Federal Government has started paying the N35,000 wage award and I can assure you that the payment is on course, and the outstanding will be paid within a short period,” she said.

In separate interviews with the civil servants on Tuesday, wakadaily learnt that the Federal Government has made payments for the November and December 2023 payment assign.

Zainab Odunayo
Zainab Odunayo
Zainab Odunayo is a News Reporter at Wakadaily News, specializing in politics and current affairs. With a strong passion for storytelling and a keen interest in social issues, Zainab brings insightful perspectives to her reporting.

Popular Related

Kano gov swears in seven new commissioners, six perm secs

The Kano State Governor, Abba Yusuf, on Monday, swore in seven new commissioners and six permanent secretaries as part of his administration’s renewed efforts...

Sanwo-Olu promotes former Chief Press Secretary to SA Media

Gboyega Akosile, the former chief press secretary of the CPS, has been appointed to the position of special adviser for media and publicity by...

FG to introduce three new national ID cards for 104m Nigerians

The Federal Government has announced plans to provide three distinct national identity cards for roughly 104 million residents as part of an ambitious overhaul...

Olubadan celebrate Ladoja at 80

Oba Owolabi Olakulehin, the Olubadan of Ibadan land, has felicitated Oba Rasheed Ladoja, the former Oyo State governor and the Otun Olubadan of Ibadanland,...

Terrorists kill 10 Niger soldiers

No fewer than 10 soldiers died in an ambush by a group of “armed terrorists” in southwestern Niger, close to the Mali border, the...

FRSC: 13 injured in Kogi auto crash 

The Federal Road Safety Corps (FRSC) official, confirmed that 13 persons were injured in an auto crash involving a luxury on Saturday morning along...

Abuja woman narrates ordeal in kidnappers’ den

An Abuja-based lawyer, Opeyemi Adewale has narrated her ordeal in the hands of kidnappers who abducted her in the Federal Capital Territory on September...

Scammers steal $100m from Binance

Scammers have stolen $100 million in cryptocurrency from Binance, the largest crypto exchange suffered what it called a "potential exploit." The Company CEO, Changpeng Zhao...

Underdevelopment, lifestyle causes of poor business succession plan

The Nigerian British Chamber of Commerce, and managing Director/Chief Executive Officers, Coleman Technical industries Limited, George Onafowokan, has accused underdevelopment and lifestyle on poor...

Gunmen kidnap teenager, kill four in Sokoto community 

Gunmen kidnapped teenager and killed four people on their farmland in a community close to the Gandi district of the Rabba Local Government Area...