2018 budget can’t accommodate minimum wage as proposed by NLC –Akabueze

0
146


Director General, Budget Office of the Federation, Mr. Ben Akabueze, says the 2018 budget, at present, cannot accommodate the minimum wage as proposed by the Nigeria Labour Congress.

He said the Federal Government might go for supplementary budget to implement the new minimum wage if approved by the law.

Akabueze disclosed this at the Media and CSOs Dialogue on the 2018 budget on Wednesday in Abuja.

“When an agreement is reached, the financial implication would be quantified and if need be, there would be a supplementary budget.

“The only provision that exists is what we call public service wage adjustment, but that is barely over N40bn provided on that line, and that may not be enough to cater for any adjustments that may be necessary.’’

The News Agency of Nigeria reports that President Muhammadu Buhari, in November 2017, inaugurated a 30-man Tripartite National Minimum…



Read More…..Punch Newspapers