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Companies Raise Employees’ Salaries by 18.35% in Six Months

Companies Raise Employees' Salaries by 18.35% in Six Months   To combat rising inflation in the country, companies increased the salaries of their staff members by 18.35 per cent to N29.45 trillion in the first six months of 2023. This is based on data from the National...

FG to Spend N7.76tn on Salaries, Others

FG to Spend N7.76tn on Salaries, Others The Federal Government’s recently agreed wage with the Labour Congress, salaries to federal workers, and other non-debt recurrent costs are expected to gulp N7.76tn in 2023. This is based on data from the initial 2023 budget and recently signed...

RMAFC Defends Salaries of Political Office Holders

RMAFC Defends Salaries of Political Office Holders   The Revenue Mobilisation Allocation and Fiscal Commission (RMAFC) says political officeholders do not earn outrageous salaries. Muhammed Shehu, chairman of the commission, made this known to NAN in Abuja on Sunday. Shehu had earlier said the salaries of politicians, judicial...

Presidential Panel Reviewing Workers’ Salaries – FG

Presidential Panel Reviewing Workers’ Salaries - FG   The Federal Government has said it will soon announce salary increments for civil servants and public officials due to the steady increase in the prices of consumer goods. This was as it said a Presidential Committee on Salaries is...

RMAFC Commences Review Of Public Office Holders’ Salaries

RMAFC Commences Review Of Public Office Holders’ Salaries   The Revenue Mobilisation Allocation and Fiscal Commission (RMAFC) has begun consultation with stakeholders with a view to reviewing public office holders pay. As such, the agency said it would engage critical stakeholders to determine if the remuneration for...

House Moves Against Non-payment Of Salaries, Pensions

House Moves Against Non-payment Of Salaries, Pensions   The House of Representatives, on Tuesday, passed for second reading, a bill seeking to prohibit late and non-payment of workers and pensioners by employers. When it becomes law, employees will be entitled to interests on unpaid wages. Underpayment of...