•Changes as President Bola Ahmed Tinubu makes temporary increase on minimum wage, to last for six months.
President Bola Tinubu has granted a temporary wage increase of N35,000 to all federally employed workers funded by the treasury for a duration of six months.
This decision was communicated by Malam Mohammed Idris, the Minister of Information and National Orientation, in a statement released on Sunday in Abuja.
The wage boost follows consultations
between the federal government and labor union leadership at the Presidential Villa.
During the meeting, the Federal Government additionally affirmed its commitment to expediting the deployment of Compressed Natural Gas (CNG) buses to alleviate public transportation challenges arising from the removal of fuel subsidies.
The government also pledged financial support for micro and small-scale enterprises and a waiver on VAT for diesel over the next six months.
Furthermore, it was announced that 15 million households would receive payments of N75,000, distributed at N25,000 per month, spanning a three-month period from October to December.