Committee recommends minimum wage be paid from July 29

The Committee on Consequential Adjustments in Salaries for civil servants has recommended that the new minimum wage should be implemented from July 29, 2024.

This was stated in a Memorandum of Understanding issued at the end of the committee’s meeting in Abuja.

The MoU, which was sighted on Friday reads: “The NSIWC will generate the appropriate salary templates for other consolidated salary structures for implementation; the effective date of the implementation shall be July 29, 2024.”

The 16-member Committee on Consequential Adjustments in Salaries for civil servants was established to implement the provisions of the National Minimum Wage Act 2024, which raised the national minimum wage from N30,000 to N70,000.

Its terms of reference include negotiating and agreeing on consequential adjustments in salaries and developing a template for the implementation of the approved minimum wage.