The National Assembly on Tuesday approved N160bn for the payment of the new minimum wage for federal workers and payment of severance benefits.
The decision followed the unanimous endorsement of the 2019 Budget presentation by the lawmakers at separate plenaries which held simultaneously in both houses and presided over by Senate President Bukola Saraki and Speaker Yakubu Dogara at the National Assembly, Abuja.
TheNews Agency of Nigeria reports that President Muhammadu Buhari had, on December 19, 2018, presented the 2019 Budget proposal of N8.83trn before the joint session of the National Assembly.
However, the Senate and the House of Representatives on Tuesday passed the 2019 Appropriation Bill, jacking it up from N8.83trn to N8.92trn with a N90bn increase.
Under other service-wide votes, item 90 of the Report of the Senate Committee on Appropriation on the 2019 Budget Bill, which reads: “public service wage adjustment for MDAs (including arrears of promotion and salary increases) and payment of severance benefits” has N160bnn as its budget.
Also, item 88 that reads: “payment of outstanding death benefit to civil servants/Police” has N5bn for the budget.
The Chairman, Senate Committee on Appropriation, Sen. Danjuma Goje, while addressing newsmen shortly after the budget passage, affirmed that the N160 billion was to fund the minimum wage increase and severance benefits as stipulated in item 90 of the report.
Goje, however, stated that if the amount budgeted failed to meet the demand, the Federal Government could present a supplementary budget to cover the shortfall.
NAN reports that the National Minimum Wage Bill, which was passed by the lower and upper house on January 29 and March 19 respectively, was signed into law by President Buhari on April 18.
(NAN)
https://punchng.com/national-assembly-approves-n160bn-for-minimum-wage-increase-others/?

Good development
Sai next level loading..

Nice development.

Won't be enough

Hope Saraki and Dogara didn't pad the figures oooo
I don't trust those guys

Necessary

Time for those small scale businesses to add to the price of goods in order to have a taste of the NMW....

Good news.. Let wait to see the implementation

Seeing is believing

And my NYSC allawe still remain the same
Hope them go pay our arrears?

nonsense

Kudos to the 8th National Assembly, another good step coming from them. Despite the mud thrown at Saraki and Dogara by the likes of Tinubu and the blame pushing from the presidency, for refusing to be a lackey and stooge, the 8th National Assemby under the leadership of Senator Saraki and Honourable Dogara still remains one of the best, if not the best National Assemby in the history of Nigeria's democracy.

Nigeria's best senate since 1999

hisexcellency34:
Hope Saraki and Dogara didn't pad the figures oooo
I don't trust those guys

But you trust Tinubu

Make una come cash out abeg... me I don cash out twice now..with onl 2k u get 16k ..2 slots remaining send me ur no

Hmmmm

8.9 trillion
See money

,

This is wonderful. May pay is sure.

With all the noise, so ordinary 160billion is going to workers pocket as increase. Nonsense

ok. i hope we will sit up and.think more about how to become.productivity rather.than.using oil money to pay salary of people who are doing nothing.much but moving files and papers

Gwizatasie:
And my NYSC allawe still remain the same Hope them go pay our arrears?

have they payed u me never see allawee bro

I need a Fg job...
divine helper pick my call

Tinibu won't like this..

Saraki is the man