Close Menu
Vardiafrica
  • Home
  • Politics
    • Africa
    • Asia
    • Europe
    • US & Canada
    • World
  • Lifestyle
    • Entertainment
    • Film & Drama
    • Ent & Arts
  • Science
    • Health Science
    • Luxury
  • Finance

Subscribe to Updates

Get the latest creative news from FooBar about art, design and business.

What's Hot

Five dead, 11 hospitalised as 3-storey building collapses in Abuja

May 16, 2026

US, Nigerian troops eliminate ISIS second-in-command Abu-Bilal al-Minuki

May 16, 2026

APC Primaries: Buhari’s Son Defeats Ex-DSS DG’s Son In Daura Reps Race

May 16, 2026
Facebook X (Twitter) Instagram
Trending
  • Five dead, 11 hospitalised as 3-storey building collapses in Abuja
  • US, Nigerian troops eliminate ISIS second-in-command Abu-Bilal al-Minuki
  • APC Primaries: Buhari’s Son Defeats Ex-DSS DG’s Son In Daura Reps Race
  • You’re not fulfilling your obligations as a citizen if you don’t pay tax – President Tinubu
  • ECOWAS Parliament Adopts Resolution Banishing Children From Streets
  • Nigeria Set to Deploy AI-Powered “Intelligence Shield” for National Security
  • Gov Makinde declares 2027 Presidential bid, launches “Reset Nigeria Movement”
  • Foreigners with World Cup tickets won’t have to pay bonds to enter US
Facebook X (Twitter) Instagram
VardiafricaVardiafrica
Demo
  • Home
  • Politics
    • Africa
    • Asia
    • Europe
    • US & Canada
    • World
  • Lifestyle
    • Entertainment
    • Film & Drama
    • Ent & Arts
  • Science
    • Health Science
    • Luxury
  • Finance
Vardiafrica
Home»Government»FG Set to Implement New ₦70,000 Minimum Wage
Government

FG Set to Implement New ₦70,000 Minimum Wage

VardiafricaBy VardiafricaSeptember 24, 2024Updated:September 24, 2024No Comments30 Views
Facebook Twitter Pinterest LinkedIn WhatsApp Reddit Tumblr Email
Share
Facebook Twitter LinkedIn Pinterest Email

The Federal Government is set to implement the New Minimum Wage with effect from July 29, 2024.

It also approved the revision of the Salary structure for lecturers, doctors, military and other civil servants.

The development comes after FG and the Labour Union on Friday signed a Memorandum of Understanding on the ₦70, 000 new minimum wage.

A statement by the Office of the Head of Civil Service of the Federation, and signed by the Head, Information and Public Relations, Eno Olotu said the committee on salaries for civil servants has agreed that the new minimum wage will be implemented from 29 July 2024.

The agreement is part of the resolutions reached at the end of the committee’s meeting in Abuja on Friday.

According to the statement, the committee also recommended that the wage award, which the Federal Government discontinued, should be paid until 28 July 2024.

The committee, led by the Head of Civil Service of the Federation, Didi Walson-Jack, noted that the government considered the economic situation in the country before making its decisions.

Speaking after the signing, Walson-Jack who doubled as Chairman of the Committee, commended members for the painstaking effort put in the task assigned.

The HCSF said, “Both the Trade Union and the Government sides have agreed on the Consequential Adjustments in Salaries arising from the new minimum wage of N70,000.

She also disclosed that all the members considered the MOU and have all signed copies, concluding the exercise by handing over copies to representatives on both sides.

She described the assignment as the shortest and most peaceful negotiations thus far, adding that the signed copy of the MOU would now be forwarded to the Federal Government for further action.

In his remarks, the National Chairman of the Joint Negotiating Council, Comrade Benjamin Anthony, representing the Trade Union side, commended the HCSF and expressed satisfaction with the committee’s work.

Share. Facebook Twitter Pinterest LinkedIn Tumblr Telegram Email
Vardiafrica
  • Website
  • Facebook
  • X (Twitter)
  • Instagram

Related Posts

You’re not fulfilling your obligations as a citizen if you don’t pay tax – President Tinubu

May 16, 2026

ECOWAS Parliament Adopts Resolution Banishing Children From Streets

May 16, 2026

President Tinubu Arrives In Rwanda For Africa CEO Forum

May 13, 2026

Leave A Reply Cancel Reply

Top Posts

Nigeria Takes Over G-24 Leadership, Pledges Push For Global Economic Reforms

October 15, 2025100

FG exempts SMEs, farmers, manufacturers from paying withholding tax

July 2, 202495

Trump set for White House return, vows to sign 100 Executive Orders in ‘Hours’ 

January 20, 202550

You rejected party structure’ – PDP knocks Fubara, says Rivers Gov, Bala Mohammed may face disciplinary action

October 15, 202449
Don't Miss
Trending
Trending By VardiafricaMay 16, 20262 Mins Read3

Five dead, 11 hospitalised as 3-storey building collapses in Abuja

By VardiafricaMay 16, 20263 Trending Updated:May 16, 202602 Mins Read

At least five persons have been confirmed dead, while 10 others were rescued alive after…

US, Nigerian troops eliminate ISIS second-in-command Abu-Bilal al-Minuki

May 16, 2026

APC Primaries: Buhari’s Son Defeats Ex-DSS DG’s Son In Daura Reps Race

May 16, 2026

You’re not fulfilling your obligations as a citizen if you don’t pay tax – President Tinubu

May 16, 2026
Stay In Touch
  • Facebook
  • Twitter
  • Pinterest
  • Instagram
  • YouTube
  • Vimeo

Subscribe to Updates

Get the latest creative news from SmartMag about art & design.

About Us
About Us

Your source for the verified news.

Email Us: [email protected]
Contact: +234 905 338 5856

Facebook X (Twitter) Instagram YouTube WhatsApp
Our Picks

Five dead, 11 hospitalised as 3-storey building collapses in Abuja

May 16, 2026

US, Nigerian troops eliminate ISIS second-in-command Abu-Bilal al-Minuki

May 16, 2026

APC Primaries: Buhari’s Son Defeats Ex-DSS DG’s Son In Daura Reps Race

May 16, 2026
Most Popular

Nigeria Takes Over G-24 Leadership, Pledges Push For Global Economic Reforms

October 15, 2025100

FG exempts SMEs, farmers, manufacturers from paying withholding tax

July 2, 202495

Trump set for White House return, vows to sign 100 Executive Orders in ‘Hours’ 

January 20, 202550

Type above and press Enter to search. Press Esc to cancel.