President Bola Tinubu has announced a provisional salary increase for federal government employees.
Announcing this in his 63rd Independence Day national broadcast on Sunday, he said the average low-grade federal worker shall receive an additional N25,000 a month over the next six months. Though Tinubu was silent on the looming indefinite strike by the Nigeria Labour Congress, NLC and Trade Union Congress, TUC he says the “provisional wage increment” will be done in a manner that will not cause inflation.
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The President also said an Infrastructure Support Fund has been set up for states to invest in critical areas that would lead to grassroots development, in addition to the provision of funds for relief packages against the rising prices of food and other commodities.
President Tinubu announced that the report of his Special Investigator on financial misconduct in the Central Bank of Nigeria will soon be presented to him.
Further listing the measures adopted by his administration to cushion the effects of fuel subsidy removal, he explained that bold reforms are necessary for a greater Nigeria.
The President commended Nigeria’s founding fathers and said nothing could stop the country from attaining its place and destiny in the world.
In his 15-minute Independence Day broadcast, President Tinubu paid tribute to country’s gallant security operatives for their sacrifices including those who paid the supreme price.
(Editor: Terverr Tyav)
