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The increase will have a retrospective effect and will be counted from January 2024. The lowest-paid government employee will earn 450,000 naira (US$323.97) a year or 37,500 monthly, according to the NSIWC’s statement
Nigeria has decreed a salary increase to Government employees to coincide with the May Day. A statement signed by the National Salaries, Incomes and Wages Commission (NSIWC) of Nigeria said the increases will cover workers in the education, health, and security sectors.
The increase will have a retrospective effect and will be counted from January 2024. The lowest-paid government employee will earn 450,000 naira (US$323.97) a year or 37,500 monthly, according to the NSIWC’s statement.
Nigeria’s labor unions have been agitating for an increase in wages and salaries since last year when President Bola Ahmed Tinubu effected the removal of subsidies on petrol upon his assumption of office.
Inflation in Africa’s most populous nation has skyrocketed, reaching nearly 35 percent in March, the highest in three decades. Additionally, the value of the Naira the country’s currency, has significantly eroded against the dollar, losing 60 percent, thereby worsening the cost of living crisis.
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civil servants responded to the increase in wages with mixed reactions in the West African nation. Some labor unions say what was more important was a general increase in the country’s minimum wage. Since 2019, Nigeria’s minimum wage has been set as 30,000 naira per month, an amount that is now worth less than US$20 with the naira’s devaluation. Negotiations between the government and the main labor unions about an increase in the minimum wage are ongoing. A good number of salaried government employees welcomed the wage increase.
