Wednesday, September 27, 2023
Home LABOUR Nigeria proposes pay rises for workers after fuel subsidy removal

Nigeria proposes pay rises for workers after fuel subsidy removal

Nigeria’s outgoing government has recommended that the new administration of president-elect Bola Tinubu give public sector workers pay rises after removing a fuel subsidy in June, Labour Minister, Chris Ngige has said.

President Muhammadu Buhari, who finishes his two-term in May, had planned to remove the popular but costly subsidy in 2022 as part of fiscal and petroleum sector reforms, but abandoned the plan because of fears of protests in the run-up to last month’s election.

“We have already concluded on the issue of pay rise … we recommended 5% and 10% pay rise for workers in different categories,” Ngige said.

While the new government is not obliged to act on the recommendation, the call does put pressure on Tinubu to fulfil his campaign promise to remove the subsidy – even though the outgoing administration itself failed to do so.

ALSO READ:

Tinubu, who is from the same party as Buhari, also promised during his presidential election campaign to ramp up oil production and deregulate midstream gas prices within six months.

Tinubu said in his manifesto that he would channel the money saved on the subsidy into agriculture, social welfare, road construction, public transport subsidies, education and healthcare.

Nigeria set aside 3.36 trillion naira ($7.3 billion) to spend on the subsidy until mid-2023, according to its finance minister.

RELATED ARTICLES

Electricity union expels ex-President over refusal to vacate office

The leadership of the union accused Okonkwo of refusing to fully hand over union property in his possession after the expiration of his tenure in April 2022.

Fuel crisis: Nigeria’s oil workers raises alarm over attack on tanker drivers in highways

The drivers, seven in numbers are said to be transporting fuel from A.Y Shafa and some other depots from south-south to the Northern part of the country when they were attacked.

NUPENG condemns Indorama Petrochemical for ceding workers to two unions

In a statement, NUPENG said the inauguration of the Branch of the Union was done accordingly in December last year and Management in line with the agreement, extended recognition to these workers as members of NUPENG.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

- Advertisment -

Most Popular

Emefiele meets Tinubu at Aso Rock

Wale Edun, former Lagos Finance Commissioner; and James Faleke, a House of Reps member, were also at the villa.

Oil marketers endorse fuel subsidy removal, pledge minimal adjustments 

We once again laud President Tinubu for his bold vision and stand ready to collaborate with his administration in its effort to promote greater economic equality and prosperity for all Nigerians.

Firm unveils 20KG composite cooking gas cylinders to Nigerian Market

According to him, the 20kg LPG cylinder goes for N75,000 due to increase in foreign exchange and is also more competitive.

Allegation of illegal sale of 48m barrels of crude false, Malami insists

Recall that the minister took the same position when he first appeared before the panel on April 27, 2023 to give testimony.

Recent Comments