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Minimum wage: Disquiet as FG makes selective payment

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Minimum wage: Disquiet as FG makes selective payment

There appears to be selective payment of the N70,000 new minimum wage by the Federal Government, which has triggered fresh tension among federal public workers, as most of those yet to be paid have decried the development.

According to some staff of Ministries, Departments and Agencies, MDAs, who haven’t seen any addition to their salaries, this is the height of insensitivity on the part of the government whose policies brought hardship and hunger.

This category includes workers of federal universities.

But sources in the Accountant-General’s and Budget Office painted different pictures of the situation on the ground last night.

While the Accountant-General’s office said the new minimum wage was effected along with September salary, the Budget Office said N40,000 was paid across the board to all federal workers but workers are denying this.

Recall that President Bola Tinubu signed the N70,000 minimum wage into law on July 18, 2024, after about two months of protracted negotiations among the tripartite committee members, comprising representatives of government, Organised Private Sector, OPS and organised labour, made up of Nigeria Labour Congress, NLC, and its Trade Union Congress of Nigeria, TUC, counterpart.

One of the staff of an MDA who spoke to Vanguard on condition of anonymity, said: “We are fed up with the whole system. We do not know what the government wants us to do.

‘’It is bad enough that the government removed fuel subsidy and inflicted unbearable suffering and hardship, including hunger on workers and other Nigerians across the country, it is even worse than the minimum wage that has been signed into law for months, in fact, since July, has not been implemented.

“We even heard that some few workers in the core civil service have seen some amount added to their salaries. What sort of arrangement is that? What sort of selective payment is that? Are we not in the same country and experiencing the same hardship and hunger?

‘’It is pure discrimination and salary slavery designed to keep some of us in perpetual bondage. We have been frustrated, denied and even humiliated by the policies of the government. Many of us have resorted to sleeping in offices, while many others who do not want to sleep in offices trek long distances to work.

“To worsen the suffering, many of us now starve or indulge in self-imposed fasts to cope with the situation. We cannot meet responsibilities to our immediate and extended families. Our children have not resumed school as we have no money to pay their fees and other necessities. We do not know why the government has decided to inflict pain and suffering on us.

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“Since the new minimum wage was signed into law, the government has also increased the pump price of petrol and electricity tariff, eroding the value of the new minimum wage that has not even been implemented.

“How does the government want us to survive this assault? Prices of essential communities have continued to rise without any palliative from the government. This is wicked and unfair.”

FG pays N40, 000 in lieu of minimum wage

However, a source in the office of the AGF told Vanguard yesterday that the new minimum wage was effected along with the September salary.

But a source in the Office of Budget and National Planning, who pleaded anonymity, said N40,000 was paid to all Federal Government staff across the board instead of the minimum wage.

He explained that the idea was for those formerly on N30,000 minimum wage to have their wages moved to N70,000 with the additional N40,000.

Some federal workers, who spoke with Vanguard, acknowledged receipt of an extra N40,000 in their September salary.

However, a Federal Government explanatory note on the N40, 000 board payment obtained by Vanguard yesterday, read: “On the 40,000 flat rates narrated as ‘minimum wage’ in the September pay slip, it is just a temporary measure to pay something to civil servants before the official template of the minimum wage becomes available.

“As at the time the September salary voucher was prepared, the template for the new minimum wage was yet to be concluded.

“So, it was concluded that a flat rate be paid to all civil servants, irrespective of level, pending when the template will be available.

“That is why N40,000 was reflected in the September pay slip as ‘minimum wage’. But in October, the official template that was released yesterday night will come into full effect.

Arrears of new minimum wage

“Note the new minimum wage by law came into effect on July 28. This means that there will be arrears for August only. But the issue is a 40k flat rate has already been included in the September salary.

“So, if arrears were to be paid, there will be a deduction of the N40,000 paid to you in August from the normal amount you are to receive as the increasing figure emanating from the new minimum wage template.”

Labour kicks

Reacting to the development, the President of the Amalgamated Union of Public Corporation, Civil Service Technical and Recreational Services Employees, AUPCTRE, and Chairman of the National Joint Negotiating Council, NJIC, (on the Labour side), Benjamin Anthony, decried the selective payment of the new minimum wage.

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He said “An insignificant number of workers has received an addition to their monthly pay, but the majority have not received anything. What that means to me is that nobody has been paid the new minimum wage.

“We are in touch with the office of the Head of Service, HoS, and Integrated Payroll and Personnel Information System, IPPIS. They told us they are making efforts to pay. That to us is very bad news.

“It is as if they do not know that there is hunger everywhere and some children have not gone back to school because of lack of money. This is quite sad.

SSANU, NAAT react

Speaking to Vanguard on the situation, the President of the National Association of Academic Technologists, NAAT, Ibeji Nwokoma, said the delay has brought untold hardship to his members.

“Government has fallen short of expectations of public servants. Everybody was expecting that by now the new minimum wage would have been implemented to cushion the effect of an increase in the pump price of petrol.

“People are suffering, people are parking their cars and are unable to take their children to school and families can no longer cope with the present circumstances. We only hear that the government will pay today or pay tomorrow, nobody is sure.

“Government can no longer be trusted. The situation reduces productivity among the working class because people can no longer come to work and expect to go back happy. It’s really affecting productivity and confidence in the public service,’’ he said.

Similarly, the President of the Senior Staff Association of Nigerian Universities, SSANU, Mohammed Ibrahim, said the delay is causing a lot of economic distress for his members.

He said: “University workers are worst hit as some of our members travel to far distances to get to work, which has in turn affected their morale in terms of productivity.

“We are frustrated with the delay and urge the government to commence the payment immediately to cushion the effect of high cost of living. The salaries members collect currently only take care of fuel and payment of transportation to work.’’

Minimum wage: Disquiet as FG makes selective payment

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Currency in circulation now N4.8tn – CBN report

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Currency in circulation now N4.8tn – CBN report

Currency in circulation has reached an all-time high of N4.8 trillion as of November 2024, recording over seven per cent increase from the previous month.

Also, currency outside banks grew significantly in the same month hitting an all-time high of N4.6 trillion from the N4.2 trillion in the month of October.

These figures were contained in the money and credit supply data from the Central Bank of Nigeria (CBN).

The currency in circulation is the amount of cash–in the form of paper notes or coins–within a country that is physically used to conduct transactions between consumers and businesses.

It represents the money that has been issued by the country’s monetary authority, minus cash that has been removed from the system.

Similarly, currency outside a bank refers to cash held by individuals, businesses and other entities that is not stored in banks.

The currency outside the bank represents about 96 per cent of the currency in circulation.

Nigerians have in recent times been facing acute cash shortage with banks limiting daily withdrawal at Automated Teller Machines (ATMs) to N20,000 irrespective of the number of accounts held by an account owner.

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According to the latest data, the currency in circulation grew by seven per cent to reach 4,878,125.22 from 4,549,217.51 in October.

Currency in circulation has grown steadily in the outgoing year 2024 with over one trillion naira added to cash in circulation after starting the year with N3.65 trillion in January.

In February, the currency in circulation slightly increased to N3.69 trillion representing an increase of N43 billion or 1.18 per cent from the January figure.

March also saw an appreciable increase to N3.87 trillion while it further increased to N3.92 trillion in the following month of April.

The growth trajectory continued in May with the currency in circulation increasing slightly to N3.97 trillion, an increase of N42 billion or 1.07 per cent while it reached an all-time high of 4.04 trillion, an increase of 2.11 per cent from May.

The July figure also rose marginally with the currency in circulation settling for N4.05 trillion before growing to N4.14 trillion in August and N4.43 trillion in September and N4.5 trillion in October.

In the same vein, currency outside banks grew from N4.2 trillion in October to N4.6 trillion in November, showing increasing preference for other means of storing outside bank deposits.

Economist, Dr. Paul Alaje attributed the development to the expanding money supply, adding, “Money supply is expanding but this may not necessarily be in cash. As it is expanding, it will necessarily induce inflation. But you can’t blame the people. People must look for money. How much was bottled water last year, how much is it today? All of this will induce inflation. If you now ask, what is the cause of inflation? Is it money supply itself or a devaluation policy? It is a devaluation policy. Money supply is an offshoot. So the Central Bank is raising interest rates to actually reduce money supply but the more they try the more money supply expands.”

He stated that the floatation policy of the CBN has created inflation, adding, “It is like chasing one’s tail and I don’t know if you are going to catch it.”

Currency in circulation now N4.8tn – CBN report

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Tinubu not telling Nigerians the truth, says Sule Lamido

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President Bola Ahmed Tinubu

Tinubu not telling Nigerians the truth, says Sule Lamido

President Bola Tinubu has been accused of not being forthright about the true state of Nigeria under his administration.

Former Jigawa State Governor and senior Peoples Democratic Party (PDP) member, Sule Lamido, made the accusation while speaking on the BBC Hausa programme Gane Mini Hanya.

Lamido criticized both Tinubu and former President Muhammadu Buhari for what he described as a lack of transparency in governance.

“Buhari’s and Tinubu’s governments are not being transparent with Nigerians unlike during the time when PDP was in power where everything was transparent and open to all Nigerians,” Lamido said.

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He accused the two administrations of relying on propaganda rather than providing citizens with accurate information.

Lamido also expressed concerns over President Tinubu’s recent loan requests, questioning the logic behind them. “If Nigerians are being told the truth then there is nothing wrong with that, but how would you budget N30tn, generate N50tn and then request loan when you have a surplus of N20tn,” he said, referencing last year’s budget.

He described the situation as “reckless” and “selfish,” adding, “This recklessness and clear-cut selfishness is not done anywhere in the world, but yet you find (some) Nigerians supporting it. Visit social media and see how APC is being criticised, being referred to as calamity, yet you find some protecting it.”

Tinubu not telling Nigerians the truth, says Sule Lamido

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Nigeria Customs Service begins 2025 recruitment [How to apply]

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Nigeria Customs Service begins 2025 recruitment [How to apply]

The Nigeria Customs Service (NCS) has announced the commencement of its recruitment exercise, assuring Nigerians that the process is entirely free and fair.

The agency has cautioned the public to be vigilant against scammers who may attempt to exploit unsuspecting applicants during the recruitment period.

Applications are invited for positions in the Superintendent, Inspector, and Customs Assistant cadres as part of the Service’s plan to recruit 3,927 officers in 2025.

This initiative is aimed at enhancing trade facilitation and supporting Nigeria’s economic recovery efforts.

“Our recruitment is entirely free and fair. At no stage do we charge fees. Anyone requesting payment is a scammer,” the agency emphasized, urging applicants to be wary of fraudulent schemes.

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The NCS outlined eligibility criteria, stating that applicants must be Nigerian citizens by birth, possess a valid National Identification Number (NIN), and have no criminal record or ongoing investigations.

Academic qualifications for the three cadres are as follows:

Superintendent Cadre: A university degree or Higher National Diploma (HND) along with an NYSC discharge or exemption certificate.

Inspectorate Cadre: A National Diploma (ND) or Nigeria Certificate in Education (NCE) from an accredited institution.

Customs Assistant Cadre: At least an O’Level certificate (WAEC or NECO).

In addition to these qualifications, the NCS stressed that all applicants must be physically and mentally fit, providing evidence of medical fitness from a recognized government hospital.

Nigeria Customs Service begins 2025 recruitment [How to apply]

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