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Business News of Tuesday, 12 March 2024

Source: www.mynigeria.com

'Pay wage award to your workers' - Tinubu tells governors

President Bola Ahmed Tinubu President Bola Ahmed Tinubu

President Bola Ahmed Tinubu has stated on Monday, March 11, 2024 that the payment of wage award to workers by state government will bring relief to a lot of Nigerians.

Tinubu encouraged the governors to toe this path in collaboration with the government as part of efforts to alleviate the economic reform pains.

The president made this known yesterday in Minna, the Niger Sate capital, where he inaugurated Governor Umaru Bago’s massive agricultural programme.

He also laid a foundation for a terminal building at the airport, which was renamed after him.

The withdrawal of the petrol subsidy, made FG initiate the payment of N35,000 monthly wage award to its workers for six months. This has been paid for five months.

Some states have been paying wage award ranging between N10,000 and N25,000, but a lot of states are not paying.

This is in spite of the huge increase in the inflows to states from the federation account after the termination of petrol subsidy.

President Tinubu said: “Let all the states start paying the wage awards.

“Whatever they are taking now plus the wage award would relieve the public.

“I am appealing to you states, start paying the wage award, let everyone start paying it. It will bring relief to the people.

Tinubu also spoke on some of his cardinal programmes, such as the student loan, which will be inaugurated on Thursday.

He said: “The student loan programme will commence. There will be unemployment benefits for our graduates.

"The social security programme for the elderly and vulnerable will commence. We are fine-tuning all these areas. We will relieve people of hunger.”

BEB