- President Bola Tinubu has approved a provisional wage increment of N35,000 for all levels of treasury-paid federal government workers, lasting for six months
- This decision followed a meeting between the federal government and labour leaders to prevent a nationwide strike scheduled to start on October 3
- The government also pledged to provide CNG buses, support micro and small-scale enterprises, waive VAT on diesel for six months, and initiate payments of N75,000 to 15 million households over three months from October to December 2023
The president had earlier announced that N25,000 provisional wage increment was for low-grade federal workers.
Legit.ng notes that the federal government made the move to stop the labour leaders from going on their nationwide strike, which is scheduled to start on Tuesday, October 3.
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Details of FG's meeting with labour leaders
According to Dada Olusegun, President Tinubu's special assistant on social media, the N35,000 provisional wage increment is now for all treasury-paid federal government workers and will last for six months.
Also, the Nigerian government promised the labour leaders it's committed to fast-tracking the provision of Compressed Natural Gas (CNG) buses to ease public transportation difficulties associated with the removal of PMS subsidy.
The government also commits itself to providing funds for micro and small-scale enterprises.
Legit.ng gathers that the FG will also waive the Value Added Tax (VAT) on diesel for the next six months.
"The Federal Government will commence payment of N75,000 to 15 million households at N25,000 per month, for a three-month period from October-December 2023," Olusegun added.
APC chieftain lists 5 things Tinubu can do to avert NLC/TUC's strike
Earlier, Legit.ng reported that Wasiu Olawale Sadare, the Oyo state All Progressives Congress (APC) spokesman, revealed five things President Tinubu should do to fix the economy and avert the looming strike.
The APC chieftain disclosed that if the steps are taken, it will assist the federal government better in meeting the demands of the Nigerian Labour Congress (NLC) and its counterpart, the Trade Union Congress(TUC).