In his independence day speech, the president said he would increase the salary of workers. This is as organised labour is preparing to embark on a nationwide strike action on October 3
President Bola Tinubu has approved a provisional wage increment for workers in the country as part of efforts to cushion the effect of the fuel subsidy removal.
Tinubu made this known while addressing Nigerians on the 63rd Independence Anniversary of the country in Abuja on Sunday.
The president said that the average low-grade worker would receive an additional ₦25,000 per month for the next six month.
“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 said that the present administration was looking to relieve the hardship of Nigerians, adding that all tiers of government were taking various measures to mitigate them.
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“There is no joy in seeing the people of this nation shoulder burdens that should have been shed years ago. I wish today’s difficulties did not exist. But we must endure if we are to reach the good side of our future.
“We have embarked on several public sector reforms to stabilize the economy, direct fiscal and monetary policy to fight inflation, encourage production, ensure the security of lives and property and lend more support to the poor and the vulnerable.”
He said that government was taking other efforts to touch all aspects that would impact directly on the lives of Nigerians to ease the pains of the new economic reforms.
The president said that on the issue of transportation, a cheaper and safer Compressed Natural Gas buses would be deployed across the country.
