Tinubu announces N25,000 monthly increment for workers

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President Bola Tinubu has announced the introduction of a provisional wage increment of N25,000 per month for federal low-grade workers.

The president made this known in a speech to mark Nigeria’s 63rd Independence Anniversary.

He said the decision was part of plans to ameliorate the sufferings of Nigerians.

“Based on our talks with labour, business and other stakeholders, we are introducing a provisional wage increment to enhance the federal minimum wage without causing undue inflation.

“For the next six months, the average low-grade worker shall receive an additional Twenty-Five Thousand naira per month,”he said

The president also announced the setting up of Infrastructure Support Fund for states to invest in critical areas, adding that states had already received funds to provide relief packages against the impact of rising food and other prices.

With regards to transportation, the president said a new chapter had been opened in public transportation through the deployment of cheaper, safer Compressed Natural Gas (CNG) buses across the nation.

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According to him, the buses will operate at a fraction of current fuel prices, thereby positively affecting transport fares.

“New CNG conversions kits will start coming in very soon as all hands are on deck to fast track the usually lengthy procurement process.

“We are also setting up training facilities and workshops across the nation to train and provide new opportunities for transport operators and entrepreneurs.

“This is a groundbreaking moment where, as a nation, we embrace more efficient means to power our economy,”he said.

Tinubu further said the social safety net would be extended through the expansion of cash transfer programs to an additional 15 million vulnerable households.

He said his administration would continue to accord the highest priority to the safety of the people.

On security, the president said inter-service collaboration and intelligence sharing had been enhanced.

“Our service chiefs have been tasked with the vital responsibility of rebuilding the capacities of our security services.

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“I salute and commend our gallant security forces for keeping us safe and securing our territorial integrity.

“Many have paid the ultimate sacrifice. We remember them today and their families.

“We shall equip our forces with the ways and means needed to perform their urgent task on behalf of the people,”he said.

He assured that he would continue to make key appointments in line with the provisions of the Constitution and with fairness toward all

According to him, women, youths and the physically challenged will continue to be given due regard in the appointments.

The president commended the National Assembly, Judiciary and civil society organisations as well as labour unions for their dedication to fostering democracy.

He assured of his commitment to serving faithfully, while inviting Nigerians to join hands in making the country a better place for all.

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