The Committee on Consequential Adjustments in Salaries for civil servants has agreed to implement the new minimum wage starting from July 29, 2024.
This decision was outlined in a Memorandum of Understanding released after the committee’s meeting, which was obtained by our correspondent in Abuja on Friday.
The MoU 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 committee was established to implement the provisions of the National Minimum Wage Act 2024, which increases the national minimum wage from ₦30,000 to ₦70,000.
Comprising 16 members, the committee’s terms of reference include negotiating and agreeing on consequential adjustments in salaries, as well as developing a template for the implementation of the approved minimum wage.
