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NYSC to Begin Payment Of New Minimum Wage

The National Youth Service Corps is to begin the payment of the new minimum wage of 30,000 as announced by the Federal government. The decision was revealed by the Minister of Finance; Zainab Ahmed in a press briefing of the ministry’s activities in Abuja. She also mentioned:Minimum Wage

“Apart from the increase of the minimum wage from N18,000 to N30,000, there is also a consequential adjustment that we have to negotiate with the labour unions,” she said. “The total implication of that would be worked out only after the negotiations and that would involve determining how much increase every other employee above the minimum wage would get.

“It could be a flat amount or a proportion, but the other aspect that is clear is that there would be an increase for the National Youth Service Corps as well because, by the Act, they should earn at least the minimum wage and the NYSC also has to increase to that N30, 000. “So, because we have not done the negotiation with labour, I cannot give you the details of what we are projecting because it is simply on projections.”

The new minimum wage bill was signed by President Muhammadu Buhari on April 18, 2019.

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