FG Pays Workers' New Minimum Wage, Arrears in December - THE NEW DAWN ONLINE

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Friday, December 20, 2019

FG Pays Workers' New Minimum Wage, Arrears in December

Mrs Zainab Ahmed (Honourable Minister of Finance, Budget and National Planning)

Mrs Zainab Ahmed, the Minister of Finance, Budget and National Planning gave assurance that the new minimum wage and it's arrears will be paid to workers in December.

Ahmed made this known during the lecture presented on the highlights and breakdown of the approved 2020 budget in Abuja on Thursday, 19th December, while giving response to stakeholders for the questions forwarded to her.

Ahmed stated that the Government had made provision to pay the arrears of the approved new minimum wage for civil servants in December and added that the sum of N4.49 trillion would be spent on recurrent expenditure.

According to her, the sum of N2.465 trillion has been designated for federation capital expenditure, while N2.453 trillion is projected for debt and N2.64 trillion was expected to be realized from oil revenue.

The minister added that a total of N8.42 trillion revenue was expected to be generated in the N10.594 trillion budget and put the projected revenue from other revenue sources at N3.97 trillion.

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