Contractors are to get some relief in the new year,with the Federal Government voting N5.5 billion for their payment. They are being owed a fortune.
Workers too are expected to smile.About N47.5billion is allocated to arrears of promotion and salary increase in the budget.
But the National Assembly has its fund slashed.
According to a summary of the 2016 budgetary allocations to MDAs released yesterday by the Budget Office of the Federation,the National Assembly had a cut in its 2016 allocation from N120 billion in 2015 to N115 billion in 2016.
Others that will draw from the N351,370,000,000 statutory transfer envelope of the 2016 budget are: National Judicial Council: N70,000,000,000; Niger Delta Development Commission, N41,050,000,000; Universal Basic Education N77,110,000,000; Public Complaints Commission, N2,000,000,000.
READ MORE: http://thenationonlineng.net/fed-govt-votes-n47-5b-for-promotion-salary-arrears/

"ARREARS OF SALARY INCREASE"...what does it mean pls?

echeonyilo2:
"ARREARS OF SALARY INCREASE"...what does it mean pls?

workers whose salaries have been increased on paper months ago, but yet to start reflecting in their 'alert'. Hope it helps?