Newsry news
9th October, 2023
The Federal Government may spend an additional N315bn on its bill in the next six months for the newly introduced allowance for federal workers, findings have revealed.
the Federal Government has approved provisional wage award of N35,000 only to all Federal Government workers “beginning from the month of September pending when a new national minimum wage is expected to have been signed into law.”
“The Federal Government has announced N35,000 only as provisional wage award for all treasury-paid Federal Government workers
The Director-General of the Budget Office of the Federation, Ben Akabueze, said the Federal Government’s personnel cost was over N5tn, with 1.5 million workers under the Federal Government’s payroll.
“The role of government is to create an enabling environment for the private sector to create jobs. The total number of people in the employment of the federal government nationwide, including all of the security services, the military and all of that, is under 1.5 million people.”
This likely means that 1.5 million federal workers will benefit from the proposed N35,000 monthly palliative proposed by the Federal Government to cushion the effects of the removal of subsidy on the Premium Motor Spirit, popularly known as petrol, for a period of six months.
The Federal Government is expected to spend N52.5bn monthly on 1.5 million federal workers.
This means that a total of N315bn will be spent in six months, with each civil servant getting a total of N210,000.
