Buhari latest news on salary
Here are some recent news updates on salary issues in Nigeria, particularly under the administration of President Muhammadu Buhari:
Latest News:
- Minimum Wage Increase: In October 2020, the Federal Government announced a new minimum wage of N30,000 (approximately $80) per month for federal civil servants, effective from April 2020. This was a significant increase from the previous minimum wage of N18,000 (approximately $50) per month.
- Salary Arrears: In November 2020, the Federal Government announced that it had cleared salary arrears owed to federal civil servants, amounting to N144 billion (approximately $390 million). This was a major relief for many workers who had been waiting for months to receive their salaries.
- Pension Reform: In December 2020, the Federal Government launched a pension reform program aimed at improving the pension system and ensuring that retirees receive their entitlements promptly. The program includes the establishment of a new pension fund management company and the introduction of a contributory pension scheme.
- Civil Servant Salary Review: In January 2021, the Federal Government announced a review of the salaries of civil servants, with a view to increasing their take-home pay. The review is expected to be completed by the end of 2021.
Recent Quotes:
- "We have cleared the salary arrears of our workers, and we are committed to ensuring that they receive their salaries promptly." - President Muhammadu Buhari (November 2020)
- "We are working to improve the pension system and ensure that retirees receive their entitlements promptly. We want to ensure that our retirees live comfortably and have a decent standard of living." - President Muhammadu Buhari (December 2020)
- "We are reviewing the salaries of our civil servants to ensure that they are commensurate with their qualifications and experience. We want to ensure that our civil servants are motivated and can live comfortably." - President Muhammadu Buhari (January 2021)
Sources:
- Vanguard News
- Punch News
- Premium Times
- Leadership Newspaper
- The Nation Newspaper
Please note that these news updates are subject to change and may not reflect the current situation. It's always a good idea to verify information through multiple sources before making any decisions.