In commemoration of May day, the Nigerian government has announced the approval of a 25 percent and 35 percent salary increase for some categories of workers in the country.
A statement signed by the National Salaries, Incomes and Wages Commission (NSIWC) said the increases included government workers in the education, health and security sectors.
The salary increase was back dated to January 2024, and the lowest-paid government employee will earn 450,000 naira ($323.97) a year or 37,500 monthly, according to the National Salaries, Incomes and Wages Commission's statement.
Nigeria's labour unions have been agitating for an increase in wages and salaries since last year when President Bola Ahmed Tinubu effected the removal of subsidies on petrol upon his assumption of office.
Since then inflation in Africa's most populous nation has skyrocketed, reaching nearly 35 percent in March, the highest in three decades.
Additionally, the value of the Naira the country's currency plummetted against the dollar, losing 60 percent.
A source: https://www.africanews.com/2024/05/01/nigeria-govt-workers-salaries-increased-by-up-to-35-percent/
