It Will Be Tough To Pay Staff’ Salaries In 428 Federal Businesses From November
Mr Ben Akabueze
Mr. Ben Akabueze, the Director-Normal of the Price range Workplace has disclosed on Tuesday, November 10, that about 428 out of over 700 federal authorities businesses is not going to have the ability to pay employees’ salaries by the tip of November following the implementation of the N30,000 minimal wage.
Akabueze, who appeared earlier than the Senate Committee on Public Accounts, related the event to the brand new minimal wage, which implementation commenced amongst federal employees in January, this yr.
He stated for the reason that introduction of the brand new minimal wage, a lot of the businesses had been struggling to pay their workforce within the final 10 months.
Nevertheless, he assured the committee that authorities will dip its hand into the service extensive vote to cater for the shortfall within the salaries of the affected employees within the stated parastatals.