Subsidy: Tinubu Approves N35,000 Monthly Wage to Workers

President Bola Ahmed Tinubu has approved the payment of N35,000 (thirty-five thousand Naira) per month to all Federal Government workers pending when a national minimum wage is signed into law.

This followed an agreement between the Federal government, the Nigeria Labour Congress (NLC), and the Trade Union Congress of Nigeria (TUC) on Monday, 2 October 2023 to address the effect of the subsidy removal on the workers.

The approval which takes effect from 1 September 2023 was contained in a memo from the Presidency, signed by the Chairman, Chief Executive Officer (CEO) of National Salaries, Incomes and Wages Commission, Ekpo U. O. Nta and dated 19th of October 2023 addressed to the Chief of Staff to the President, Deputy Chief of Staff to the President, Ministers and Ministers of State, Secretary to the Government of the Federation, Head of the Civil Service of the Federation, Chairmen, Federal Commissions, Federal Permanent Secretaries, Clerk of the National Assembly, Secretary, National Judicial Council, Secretary, Federal Judicial Service Commission, Directors-General and Chief Executives of Parastatals, Agencies and Governments-Owned Companies Auditor-General for the Federation, Accountant-General of the Federation, Director-General, Budget Office of the Federation.

The memo reads; “I refer to the Memorandum of Understanding reached between the Federal Government of Nigeria and the Nigeria Labour Congress (NLC) and Trade Union Congress of Nigeria (TUC) on Monday, 2 October 2023 as a result of the dispute arising from withdrawal of subsidy on the price of premium motor spirit (PMS) and hereby convey the approval of the President and Commander-in-Chief of the Armed Forces of the Federal Republic of Nigeria for the grant of a wage award of N35,000:00 (thirty-five thousand Naira) only per month to all Federal Government workers with effect from 1 September 2023 pending when a new national minimum wage is expected to have been signed into law.

“Accordingly, the implementation of the N35,000.00 per month wage award for all Federal Government Ministries, Departments, and Agencies that are treasury-funded will be funded from the treasury.

“Non-treasury funded Federal Government agencies are to implement same from their internally generated revenue (IGR) or statutory allocations.”

“Enquiries concerning this circular should be directed to the National Salaries, Incomes and Wages Commission,” the statement added.

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