https://en.sputniknews.africa/20240501/nigeria-reportedly-approves-25-35-pay-increase-for-civil-servants-1066317752.html
Nigeria Reportedly Approves 25-35% Pay Increase for Civil Servants
Nigeria Reportedly Approves 25-35% Pay Increase for Civil Servants
Sputnik Africa
Previously, the West African nation's government had imposed a number of restrictions to save money, such as limiting official entourages on state and... 01.05.2024, Sputnik Africa
2024-05-01T16:19+0200
2024-05-01T16:19+0200
2024-05-01T16:25+0200
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The Nigerian government has raised the salaries of civil servants in five departments, including police and military, by 25% to 35%, local media said, citing a statement signed by the National Salaries, Incomes and Wages Commission (NSIWC).Employees of special services, research institutes and paramilitary units will also receive higher pay, according to the NSIWC.The increment took effect from January 1, 2024, the commission added.The salary increases for staff in five departments come after the government recently raised the salaries of academic staff and health workers.The lowest-paid government employee will earn 450,000 naira ($321) a year, or 37,500 monthly, the commission said.The Nigerian government has also approved a 20% to 28% pension increase for retirees participating in the Defined Benefit Pension Scheme for the department, effective January 1, 2024.In February, the government approved the implementation of recommendations to reduce the cost of governance by merging 29 government agencies, while eight parastatals will be incorporated into eight other agencies.The agencies covered by the reform included health care, emergency services, culture, education, energy, agriculture and others. The government explained the move by citing the need to reduce administrative costs at a time when Nigerians are facing an inflation rate of 33.20%, the highest in 28 years.
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nigeria, west africa, economy, finance, labor, government, salary, politics
Nigeria Reportedly Approves 25-35% Pay Increase for Civil Servants
16:19 01.05.2024 (Updated: 16:25 01.05.2024) Previously, the West African nation's government had imposed a number of restrictions to save money, such as limiting official entourages on state and international travel.
The Nigerian government has raised the salaries of civil servants in five departments, including police and military, by 25% to 35%, local media said, citing a statement signed by the National Salaries, Incomes and Wages Commission (NSIWC).
Employees of special services, research institutes and paramilitary units will also receive higher pay, according to the NSIWC.
The increment took effect from January 1, 2024, the commission added.
The salary increases for staff in five departments come after
the government recently raised the salaries of academic staff and health workers.
The lowest-paid government employee will earn 450,000 naira ($321) a year, or 37,500 monthly, the commission said.
The Nigerian government has also approved a 20% to 28% pension increase for retirees participating in the Defined Benefit Pension Scheme for the department, effective January 1, 2024.
In February, the government
approved the implementation of recommendations to reduce the cost of governance by merging 29 government agencies, while eight parastatals will be incorporated into eight other agencies.
The agencies covered by the reform included
health care, emergency services, culture, education, energy, agriculture and others.
The government explained the move by citing the need to reduce administrative costs at a time when Nigerians are facing an inflation rate of 33.20%, the highest in 28 years.
