ADVERTISEMENT

FG confirms NYSC members will receive at least N30,000 monthly allowance

NYSC members will receive at least N30,000 monthly allowance when implementation of the new national minimum wage commences.

Jubilant NYSC members (image used for illustration purpose) [The Herald Nigeria]

President Muhammadu Buhari signed the bill into law last month to increase the national minimum wage from N18,000 to N30,000 after months of negotiations with labour unions and state governments.

The law makes it compulsory for all employers of labour in Nigeria to pay their workers the sum of N30,000, at least, with the exclusion of employers with less than 25 employees.

The signing of the bill had led to speculations about how it would affect corps members who currently earn N19,800 as monthly allowance from the Federal Government.

ADVERTISEMENT

The speculations have now been put to bed by the Minister of Finance, Zainab Ahmed, who revealed that the government is working out the modalities of the new minimum wage.

While speaking at a press conference on Thursday, May 16, 2019, she said corps members will now be paid the minimum wage, at least.

She said, "Apart from the increase of the minimum wage from N18,000 to N30,000, there is also a consequential adjustment that we have to negotiate with the labour unions.

"The total implication of that would be worked out only after the negotiations and that would involve determining how much increase every other employees above the minimum wage would get.

ADVERTISEMENT

"It could be a flat amount or a proportion, but the other aspect that is clear is that there would be an increase for the National Youth Service Corps as well because, by the Act, they should earn at least the minimum wage and the NYSC also has to increase to that N30,000."

The minister said negotiations will first have to be concluded with labour unions before details of final payments will be made public.

While speaking earlier this week, the Minister of Labour and Employment, Chris Ngige, evaded directly answering a question about when government will start payment of the new minimum wage even though President Buhari said last month that it was to take immediate effect.

Ngige said there were still processes and procedures the new wage would undergo before the commencement of its implementation, but that arrears would be paid any time implementation begins.

Enhance Your Pulse News Experience!

Get rewards worth up to $20 when selected to participate in our exclusive focus group. Your input will help us to make informed decisions that align with your needs and preferences.

I've got feedback!

JOIN OUR PULSE COMMUNITY!

Unblock notifications in browser settings.
ADVERTISEMENT

Eyewitness? Submit your stories now via social or:

Email: eyewitness@pulse.ng

Recommended articles

Japa bid halted as Navy arrests 75 Nigerians hiding on container ships in Lagos

Japa bid halted as Navy arrests 75 Nigerians hiding on container ships in Lagos

Comparing comprehensive vs third-party auto insurance in Nigeria

Comparing comprehensive vs third-party auto insurance in Nigeria

Kaduna Speaker to El-Rufai's son: Your threat won't stop us from probing your father

Kaduna Speaker to El-Rufai's son: Your threat won't stop us from probing your father

Makinde demolishes building where Yoruba Nation agitators operate from

Makinde demolishes building where Yoruba Nation agitators operate from

APC chieftain, Lukman faults NWC for backing Ganduje over suspension

APC chieftain, Lukman faults NWC for backing Ganduje over suspension

EFCC gets permission to drag ex-governor Yahaya Bello to court tomorrow

EFCC gets permission to drag ex-governor Yahaya Bello to court tomorrow

Court stops EFCC from arresting Yahaya Bello hours after agents surrounded his house

Court stops EFCC from arresting Yahaya Bello hours after agents surrounded his house

Tinubu hails Dangote's diesel price cut, expects economic boost

Tinubu hails Dangote's diesel price cut, expects economic boost

'Is this relevant?' - Nigerians react as Gov Adeleke signs bill for new Osun State logo

'Is this relevant?' - Nigerians react as Gov Adeleke signs bill for new Osun State logo

Pulse Sports

Lionel Messi's son breaks the internet after scoring five goals for Inter Miami

Lionel Messi's son breaks the internet after scoring five goals for Inter Miami

Naija Stars Abroad: Onyedika, Boniface, and Osimhen shine across Europe

Naija Stars Abroad: Onyedika, Boniface, and Osimhen shine across Europe

Victor Osimhen and Tobi Amusan make list of Forbes’ 30 under 30 Class of 2024

Victor Osimhen and Tobi Amusan make list of Forbes’ 30 under 30 Class of 2024

ADVERTISEMENT
ADVERTISEMENT