NYSC Minimum Wage Increase

Filed in Current News by on May 20, 2019 0 Comments
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FG To Increase Corps Members’ Allowance To N30,000 Minimum Wage

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NYSC Minimum Wage Increase

 

The Federal Government has expanded the month to month stipend of individuals from the National Youths Service Corps (NYSC) to N30,000. This was uncovered by the Minister of Finance, Mrs Zainab Ahmed, on Thursday, in Abuja,  amid a media preparation on the exercises of her ministry. According to the priest, with the ongoing the lowest pay permitted by law bill marked into law by President Muhammadu Buhari, corps individuals will never again win N18,000 month to month.

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She, however, noted that the Federal Government is still working out practicalities before the implementation of the new allowance for corps members. “The financial implications have been worked out by the presidential committee that was set up and they have submitted their report to the President and the President has directed the report to us,” she said.

 

“We have looked at the report and what we are working on now is how we can finance the new minimum wage.

“The total financial implications will be determined after negotiations. The negotiation will determine what every other staff that is above the minimum wage will get. It could be a flat amount or a progression.

“The other aspect that should be clear is that there is an increase for the NYSC as well because NYSC, by its Act, is designed that they earn the minimum wage.

“So, NYSC allowance also has to increase to N30, 000. So, I cannot give you projections right now because the negotiations are not yet concluded,” she added.

 

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