Oyo State Workers Receive ₦12 Billion Minimum Wage Payment

The Oyo State government on Saturday disbursed ₦12 billion to its workers.

This payment aligns with Governor Seyi Makinde’s earlier promise to implement a ₦80,000 minimum wage starting January 1, 2025.

The new wage structure introduces a ₦50,000 increase for workers on Grade Levels 1 to 6, while those on Grade Level 17 see salary increments exceeding ₦180,000.

Additionally, over 40,000 retirees will benefit from a 33% pension increase and a minimum pension of ₦25,000, Punch reports.

To further assist retirees, the government has removed the ₦4,000 retirement form fee, ensuring about 4,500 workers retain nearly ₦20 million collectively.

This initiative reflects the administration’s commitment to improving the welfare of workers and retirees.


Comments

Leave a Reply

Your email address will not be published. Required fields are marked *

Governor Sule Pledges Legal Action Against Officials in Nasarawa Teachers Recruitment Scandal

Yul Edochie Condemns Violence in Southeast, Calls Killers of Own People Cowards

13 Passengers Missing as Pirates Hijack Boat in Rivers

Ex-Convict Sentenced to Two Years for Theft, Intimidation in Niger

Governor Sule Pledges Legal Action Against Officials in Nasarawa Teachers Recruitment Scandal

Yul Edochie Condemns Violence in Southeast, Calls Killers of Own People Cowards

13 Passengers Missing as Pirates Hijack Boat in Rivers

Ex-Convict Sentenced to Two Years for Theft, Intimidation in Niger