Wednesday 23 August 2017

“FG may adopt selective minimum wage increase” - Osinbajo

Related imageRelated image
According to a transcript made available to journalists in Abuja on Tuesday Yemi Osinbajo’s Senior Special Assistant on Media and Publicity, Mr Laolu Akande, the Vice-President
spoke during a session titled, ‘Conversation with the Vice-President’ at the 2017 Nigerian Bar Association National Conference held in Lagos on Monday.

Vice President Yemi Osinbajo says the Federal Government may consider increasing workers’ remuneration package, especially bonuses of certain government agencies, instead of increasing wages across board.

Osinbajo said though the issue of better pay for workers was a good suggestion, the government was “in a bind of sorts.”

He said at the moment, the government was spending 70 per cent of its revenues on remuneration and overheads, leaving less than 30 per cent for capital expenditure.

No comments:

Post a Comment