- President Bola Tinubu has announced N25,000 additional pay for an average low-grade worker for the next six month
- In his broadcast of the 63rd Independence Day speech, the president said his administration is doing all to alleviate the effect of the removal of the fuel subsidy
- Tinubu also announced that his administration will start extending the social safety net by expanding the cash transfer programme to 15 million vulnerable homes
In his nationwide broadcast on Sunday, October 1, the president said that as part of the programme of events to mark Nigeria's 63rd Independence anniversary celebration, Daily Trust reported.
The president said:
“Based on our talks with labour, business and other stakeholders, we are introducing a provisional wage increment to enhance the federal minimum wage without causing undue inflation. For the next six months, the average low-grade worker shall receive an additional N25,000 per month.”
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What President Tinubu said on Independence Day
The president made the announcement while outlining the measures his administration was making to address the challenges on families and households emanating from the removal of the fuel subsidy and the unification of the exchange rates.
President Tinubu also disclosed that his administration is doing all to "ease the load" of the removal of the fuel subsidy and has thus embarked on reform of several sectors to stabilise the economy and direct fiscal and monetary policy in the fight against inflation.
He further noted that his administration has encouraged more production, ensuring the security of lives and property and that the poor and the vulnerable get more support.
From the beginning of this month, the president said that his administration would start extending the social safety net by expanding cash transfer programmes to an additional 15 million vulnerable households.
Tinubu's minister, Umahi, changes resumption times of workers
Legit.ng earlier reported that President Bola Tinubu's minister of works, David Umahi, who was said to have been locked in his office by workers in the minister, has been cleared of the controversies.
The Ministry of Works denied the report, adding that the minister had only made the workers to be more proactive in their work by adjusting their resumption.
According to the ministry, Umahi has asked the workers to start resuming by 9 am from Monday to Friday while their closing hours remained at 4 pm.