Nigeria’s federal government has approved a significant increase in salaries for civil servants, ranging between 25% and 35%, to help them cope with the rising cost of living. The adjustment, effective from January 1, 2024, applies to personnel on six consolidated salary structures, including those in the police and military sectors.
Additionally, pensions for pensioners under the Defined Benefits Scheme within the six consolidated salary structures will also see hikes of between 20% and 28%, commencing from the same date.
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These increments follow recent salary raises for academic staff members and healthcare workers. However, the monthly minimum wage, unchanged since 2019, remains a point of contention in ongoing negotiations between the government and labour unions.
Despite the pay rises, real purchasing power remains a concern due to soaring inflation, currently exceeding 30%, and a 35% increase in food prices. The National Salaries, Incomes, and Wages Commission (NSIWC) acknowledge the need for further support, stressing the importance of extending benefits to lower cadre civil servants vulnerable to economic pressures.
Meanwhile, the government’s efforts to reduce subsidies and increase electricity tariffs aim to address longstanding fiscal challenges. However, these measures have intensified economic strains, exacerbating petrol shortages and amplifying logistical hurdles.
As Nigeria grapples with economic complexities, including fuel scarcity and inflationary pressures, the government’s commitment to supporting civil servants underscores ongoing efforts to navigate these challenges and promote financial stability.
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