FG, Labour Union Sign MoU on ₦70,000 Minimum Wage, Effective July 2024

The Federal Government and the Labour Union have officially signed a Memorandum of Understanding (MoU) to implement a new minimum wage of ₦70,000 for civil servants, set to take effect from July 29, 2024.

This was confirmed in a statement issued on Friday by the Office of the Head of Civil Service of the Federation (HCSF) and signed by the Head of Information and Public Relations, Eno Olotu. The MoU followed a series of deliberations by the government’s salary committee, which reached a consensus during its meeting in Abuja.

The committee, chaired by the Head of Civil Service of the Federation, Didi Walson-Jack, concluded that the wage adjustment reflects the government’s response to Nigeria’s economic challenges.

Also, the committee recommended that the Federal Government reinstate the previously discontinued wage award until July 28, 2024.

Walson-Jack lauded the efforts of committee members, noting that both the trade unions and the government worked cohesively to arrive at the consequential adjustments in salaries stemming from the new minimum wage.

“The MoU has been thoroughly reviewed by all members and duly signed, with copies handed over to representatives on both sides,” she stated.

She described the negotiation process as “the shortest and most peaceful so far,” expressing confidence that the signed MoU will now move forward for further action by the Federal Government.

Speaking at the event, the National Chairman of the Joint Negotiating Council, Comrade Benjamin Anthony, praised the leadership of the HCSF, expressing his satisfaction with the outcome of the deliberations and the committee’s work.