November 19, 2024
DG Budget Office
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The implementation of N30,000 minimum wage appears to be taking its toll on the federal workforce as the Director-General of Budget Office, Mr. Ben Akabueze, disclosed on Tuesday that about 428 out of the over 700 federal government agencies will not be able to pay workers’ salaries by the end of November.

Akabueze, who appeared before the Senate Committee on Public Accounts, associated the development to the new minimum wage, which implementation commenced among federal workers in January, this year.

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He said since the introduction of the new minimum wage, most of the agencies had been struggling to pay their workforce in the last 10 months. However, he assured the committee that government will dip its hand into the service wide vote to cater for the shortfall in the salaries of the affected workers in the said parastatals.

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