President Bola Tinubu has approved N35,000 provisional wage award for all treasury-paid federal government workers for six months, following further consultations with the Federal Government delegation that met with the leadership of the Nigeria Labour Congress (NLC) and Trade Union Congress (TUC) earlier this Sunday.
It will be recalled that at the meeting between both parties, the Federal Government pledged its commitment to fast-track the provision of Compressed Natural Gas (CNG) buses to ease public transportation difficulties associated with the removal of petrol subsidy.
The Federal Government also committed to the provision of funds for micro and small-scale enterprises as well as waivers on VAT on diesel for the next six months.
Furthermore, the Federal Government announced that it will commence payment of N75,000 to 15 million households at N25,000 per month for a three-month period from October to December 2023.