The Federal Government has announced salary increment by 40% for all workers as it will take effect from April.
Reliable sources made it known that the Federal Government is set to commence the payment of the proposed salary increment for civil servants by the end of April.
However, there have been no indications of any changes to this plan at the moment. The anticipated disbursement of funds is pending the final approval of President Muhammadu Buhari.
The approved would signify that the hike will take effect approximately two months prior to the proposed June deadline for the elimination of petrol subsidy.
Daily News Bullentin obtained that a new pay increase known as the consequential allowance is set to result in a 40% hike in the current salaries of government employees.
Olajide Oshundun, the Director of Press and Public Relations at the Ministry of Labour and Employment, disclosed that the Federal Government is set to commence the disbursement of the 40% salary increment by the end of April 2021. He further stated that the outstanding arrears for the months of January, February, and March will be settled at a later time.
According to Oshundun, there is no confirmation yet on whether the proposal put forth by the government committee assigned with the responsibility has been approved by the President. According to his statement, civil servants from level 1 to level 17 will receive a 40% increase in their consequential allowance salaries. The current remuneration system is referred to as the consolidated public service salary structure, which encompasses both the basic salary and all associated allowances. According to sources, there will be a 40% increase in the current salary of public servants.
It was made known that payments are set to commence at the end of this month (April), with arrears for the months of January, February, and March to be paid at a later date. Starting from January 2023, there will be a salary increase.
