Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / New
Stats: 3,149,889 members, 7,806,580 topics. Date: Tuesday, 23 April 2024 at 06:36 PM

Fg’s Plan To Cut Salaries Scares NNPC, CBN, FIRS Workers - Politics - Nairaland

Nairaland Forum / Nairaland / General / Politics / Fg’s Plan To Cut Salaries Scares NNPC, CBN, FIRS Workers (30243 Views)

Soludo Threatens To Cut Salaries Of Workers Observing Monday’s Sit-At-Home / Workers Groan As States Cut Salaries Amid Inflation / FIRS Workers Threaten Strike Over Fowler’s Handover To Abiodun Aina (2) (3) (4)

(1) (2) (Reply) (Go Down)

Fg’s Plan To Cut Salaries Scares NNPC, CBN, FIRS Workers by mrakeli62: 6:21am On Mar 26, 2019
There are strong indications that as President Muhammadu Buhari appears ready to assent to a new national minimum wage, following its recent passage by the National Assembly, he may be compelled to prune down the bogus salaries earned by some classes of civil servants in the country, particularly those in the employ of the Central Bank of Nigeria (CBN), Nigerian National Petroleum Corporation (NNPC), the Federal Inland Revenue Service (FIRS), among other agencies.

This much became glaring when the president received the report of the Presidential Technical Advisory Committee on Implementation of National Minimum Wage, which was headed by Bismarck Rewane, at the Presidential Villa, on Monday.

Although the National Assembly was yet to transmit the new wage bill it passed to the president for assent, Buhari had on January 9, 2019 inaugurated the committee, with a clear mandate that it should advise the government on how best to fund, in a sustained manner, the additional costs of implementing the imminent increase in the National Minimum Wage.

Part of the terms of reference he gave the committee was that after the new minimum wage had been passed into law, government would go into negotiations for salary review for all the workers who were already earning above the new minimum wage.

The president had underscored in his remarks that it was important to properly prepare the minds of those public servants involved so that they would not be taken unawares when it was to time for implementation.

In tandem with the grievances of organised labour movement, the president had noted that the last time Nigeria’s national minimum wage was reviewed was in 2011, hence it was evident that a review was necessary, despite the prevailing fiscal challenges.

Although full details of the recommendations were still being kept under wraps by the government, Buhari had while receiving the report from Rewane, commended the committee members for their patriotism, hard work, commitment, and sacrifices.

“I understand that you have worked tirelessly to ensure that you deliver the report before we receive the Minimum Wage Bill from the National Assembly,” the president told the members which included Chairman of the Federal Inland Revenue Service, Dr. Babatunde Fowler, ex-FIRS boss, Mrs. Ifueko Omoigui-Okauru, Dr. Ayo Teriba, Chief Executive Officer, and Prof. Akpan Ekpo, among others.

The membership from the public sector included the Director General of Budget Office, Ben Akabueze, who is the secretary of the committee; representative of the Nigeria Governors’ Forum (NGF); Chairman of the National Salaries, Incomes and Wages Commission, Richard Egbule; Permanent Secretary, Service Welfare Office of the Head of Service of the Federation, Mrs. Didi Walson-Jack; Permanent Secretary, General Service Office, Office of the Secretary to the Government of the Federation, Olusegun Adekunle; Permanent Secretary, Ministry of Finance, Dr. Mahmoud Isa-Dutse; Permanent Secretary, Ministry of Budget and National Planning, Olajide Odewale; Permanent Secretary, Ministry of Labour, Mrs. Ibukun Odusote, and Solicitor General of the Federation and Permanent Secretary, Ministry of Justice, Dayo Apata.

Others were Special Adviser to the President on Economic Matters, Office of the Vice President, Dr. Adeyemi Dipeolu; Deputy Governor of the Central Bank of Nigeria, Economic Policy, Dr. Joseph Nnanna; Accountant General of the Federation, Ahmed Idris; Director General, Debt Management Office, Ms. Patience Oniaga; Director General, National Institute of Social and Economic Research, Dr. Folarin Gbadebo-Smith; Statistician General, National Bureau of Statistics, Dr. Yemi Kale; Mrs. Aisha Hamad, Mamman Garba, and Tunde Lawal.



There were indications that the Federal Government was also mulling an increase in Value Added Tax (VAT) from five percent to about fifteen percent, so as to enable it meet the envisaged wage increase.

“However, we anticipate that after the new minimum wage has been passed into law, we will be going into negotiations for salary review for all the workers who are already earning above the new minimum wage. It is therefore important that we are properly prepared to meet these demands.

“We must therefore look at ways of implementing these consequential wage adjustments in a manner that does not have adverse effects on our national development plans, as laid out in the Economic Recovery and Growth Plan (ERGP).

“The ERGP sets appropriate targets for levels of capital expenditure, public debt, inflation, employment. It is absolutely important that the implementation of a new minimum wage does not adversely affect these targets, and thereby erode the envisaged gains for the workers.

“It is against this background that I have set up a technical committee to advise government on how best to fund, in a sustained manner, the additional costs that will arise from the implementation of the consequential increases in salaries and allowances for workers currently earning above the new minimum wage,” Buhari had stated.

Prior to the 2019 general elections, government had settled for N30,000 as minimum wage for federal workers, while state workers were to go home with N27,000 after consulting the National Council of State members comprising former presidents, military heads of state, including former chief justices of the Supreme Court.

But with the latest passage, the National Assembly may have pegged the wage bill across all categories of workers at N30, 000.

https://www.akelicious.net/2019/03/fgs-plan-to-cut-salaries-scares-nnpc.html

7 Likes 1 Share

Re: Fg’s Plan To Cut Salaries Scares NNPC, CBN, FIRS Workers by TANTUMERGO007(m): 6:24am On Mar 26, 2019
grin

1 Like

Re: Fg’s Plan To Cut Salaries Scares NNPC, CBN, FIRS Workers by Bizmagnet: 6:28am On Mar 26, 2019
I think cutting of salaries should start from politicians first, not innocent civil servants.

Success is a choice mingled with passion and hardwork. When someone becomes unawares of the right life choice to make, he opts for fate and arrogate his stagancy or failures to 'village people'. Make the right choice for your business and ideas today and watch yourself rise to the right level: Get your website/blog/software now. Check my signature for contacts.

72 Likes 4 Shares

Re: Fg’s Plan To Cut Salaries Scares NNPC, CBN, FIRS Workers by helinues: 6:32am On Mar 26, 2019
Why not cut salaries of our selooters, legislooters, governors infact politicians in general first

Or are they already planning to cut out of the N30k minimum wage that is yet to be effective?

33 Likes 1 Share

Re: Fg’s Plan To Cut Salaries Scares NNPC, CBN, FIRS Workers by yuanexchanger: 6:34am On Mar 26, 2019
Government of talk talk with no action..check my siggy for your chinese yuan.

2 Likes

Re: Fg’s Plan To Cut Salaries Scares NNPC, CBN, FIRS Workers by BuhariAdvocate: 6:36am On Mar 26, 2019
If senators go home with 250k every month there is nothing bad in that.however constituency project should suspended

42 Likes 4 Shares

Re: Fg’s Plan To Cut Salaries Scares NNPC, CBN, FIRS Workers by millionboi2: 7:02am On Mar 26, 2019
Very good



If buhari can do this ah


I go join sai baba group.

8 Likes 2 Shares

Re: Fg’s Plan To Cut Salaries Scares NNPC, CBN, FIRS Workers by Justbeingreal(m): 7:04am On Mar 26, 2019
undecided

Good not just them politicians should be included.

Some people can't be earning millions while others work twice as hard and be getting peanuts that's unfair...

24 Likes 3 Shares

Re: Fg’s Plan To Cut Salaries Scares NNPC, CBN, FIRS Workers by coolestchris(m): 7:06am On Mar 26, 2019
Senators and minister and president and governor first

23 Likes 1 Share

Re: Fg’s Plan To Cut Salaries Scares NNPC, CBN, FIRS Workers by Austinchamakh(m): 7:09am On Mar 26, 2019
It's meant to scare them.I don't know why the rich in Nigeria gets scared of all these.If I dey fear, person wey dey nnpc go dey fear too? Nawa ooooo.

2 Likes

Re: Fg’s Plan To Cut Salaries Scares NNPC, CBN, FIRS Workers by RALPHOW(m): 7:15am On Mar 26, 2019
All over the world, good governance is about increasing the middle class.
The right thing is to reduce the salary and allowances of the politicians and lift up the poor to middle class through reasonable minimum wages.
Please don't wipe out the remaining middle class, bankers used to be in this category before this government wiped them out.
Please and please don't do it, rather uplift more people to the category of middle class.
These are the only people that buy our Tokunbo cars, patronise our moderate supermarkets.
If you wiped them out, all our sales boys may turn to armed robbers and sales girls to prostitutes .
They are the only one keeping the economy running.
Politicians buy from Dubai or London or South African.

32 Likes 2 Shares

Re: Fg’s Plan To Cut Salaries Scares NNPC, CBN, FIRS Workers by pman06(m): 7:16am On Mar 26, 2019
And the politicians are still earning millions o.

4 Likes 2 Shares

Re: Fg’s Plan To Cut Salaries Scares NNPC, CBN, FIRS Workers by STARKACE(m): 7:16am On Mar 26, 2019
yuanexchanger:
Government of talk talk with no action..check my siggy for your chinese yuan.
And you think you will be able to exchange yaun for Naira if not because of this government

5 Likes

Re: Fg’s Plan To Cut Salaries Scares NNPC, CBN, FIRS Workers by BruncleZuma: 7:16am On Mar 26, 2019
FIRS, NNPC, CBN hahahahahahahahaha... who are these overpaid jokers and why does this feel like a Sai Baba whitewashing campaign?

1 Like

Re: Fg’s Plan To Cut Salaries Scares NNPC, CBN, FIRS Workers by LOVEGINO(m): 7:16am On Mar 26, 2019
This Kwanry na forward never, backward ever.

1 Like

Re: Fg’s Plan To Cut Salaries Scares NNPC, CBN, FIRS Workers by iruoghene7(m): 7:17am On Mar 26, 2019
Start the wage review from the head of affairs in every parastatal of the economy before the average civil servant who is earning peanuts just above the minimum wage.

4 Likes 1 Share

Re: Fg’s Plan To Cut Salaries Scares NNPC, CBN, FIRS Workers by 1stola: 7:17am On Mar 26, 2019
helinues:
Why not cut salaries of our selooters, legislooters, governors infact politicians in general first

Or are they already planning to cut out of the N30k minimum wage that is yet to be effective?
Use your brain nau
Does he have power to do that?
Re: Fg’s Plan To Cut Salaries Scares NNPC, CBN, FIRS Workers by B3sty(m): 7:18am On Mar 26, 2019
Good News I guess
Re: Fg’s Plan To Cut Salaries Scares NNPC, CBN, FIRS Workers by 1stola: 7:18am On Mar 26, 2019
Good move

2 Likes 1 Share

Re: Fg’s Plan To Cut Salaries Scares NNPC, CBN, FIRS Workers by Jossy4luv1(m): 7:19am On Mar 26, 2019
k
Re: Fg’s Plan To Cut Salaries Scares NNPC, CBN, FIRS Workers by queiii: 7:19am On Mar 26, 2019
What exactly do senators do again for the 13mil salary they receive?

5 Likes

Re: Fg’s Plan To Cut Salaries Scares NNPC, CBN, FIRS Workers by utenwuson: 7:20am On Mar 26, 2019
OK... U will realize that life is unfair when an order level certificate holder in NiMASA earn way above a degree holder in ministry of works.... How can a degree holder in NIWA earn 612k in a month as salary while another degree holder in ministry of Education on same level earns 59k a month.

10 Likes 2 Shares

Re: Fg’s Plan To Cut Salaries Scares NNPC, CBN, FIRS Workers by Truefaith: 7:20am On Mar 26, 2019
Bg
Re: Fg’s Plan To Cut Salaries Scares NNPC, CBN, FIRS Workers by ThinkSmarter: 7:21am On Mar 26, 2019
Nigeria should control her exploading population that are overwhelming her scarce resources.
...else the future will be hell.
Overpopulation will lead to more unemployments, kidnappings, cybercrimes, prostitution and terrorism.
Imagine what the standard of living could hv been if we are to maintain a stable population of 100million.
We blacks should act fast in order to enjoy the beautiful Earth with its abundant resources.

16 Likes 1 Share

Re: Fg’s Plan To Cut Salaries Scares NNPC, CBN, FIRS Workers by Awaja(m): 7:22am On Mar 26, 2019
Indirectly the same workers are gonna be paying the wage of lower level staff ,smart move abi ?
Re: Fg’s Plan To Cut Salaries Scares NNPC, CBN, FIRS Workers by zicoraads: 7:22am On Mar 26, 2019
Nobody should touch NNPC's salary. It must remain how it used to be.

4 Likes 1 Share

Re: Fg’s Plan To Cut Salaries Scares NNPC, CBN, FIRS Workers by zicoraads: 7:23am On Mar 26, 2019
1stola:

Use your brain nau
Does he have power to do that?
Yes, he does now.

Especially now that this Senate is about to be led by his loyalists.

3 Likes

(1) (2) (Reply)

2023: Rabiu Musa Kwankwaso Obtains ₦30 Million NNPP Presidential Nomination Form / "60 Percent Of Nigerian Youths Are More Educated Than You" - Man Tells Buhari / Emmanuel Uduaghan Visits Ibrahim Babangida In His Minna Residence (Photos)

(Go Up)

Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health
religion celebs tv-movies music-radio literature webmasters programming techmarket

Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10)

Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 29
Disclaimer: Every Nairaland member is solely responsible for anything that he/she posts or uploads on Nairaland.