NationalNews

President approves Salary Increment for Federal institutions

By Ologeh Joseph Chibu

President Bola Ahmed Tinubu has approved salary hike resulting in a boost of 35% and 23% for employees working in Federal Tertiary Institutions.

The President says the Federal Government is committed to retroactively compensate employees from the 1st of January 2023.

The Director of the Office of the Auditor, Ajanaku F. O, issued an official letter on Thursday, the 21st of September. In the communication, he highlighted the ongoing review of salary structures for staff members across federal tertiary institutions. Ajanaku noted, “The Presidential Committee on Salaries at its 13th meeting having taken into consideration the different stages of collective bargaining in various sectors.”

He emphasized, “specifically engagements between the Federal Ministry of Education and Tertiary Institutions based Unions and consequently the Federal Government approval.”

In a letter bearing the signature of Ekpo U. O. Mta, Esq, Chairman of the National Salaries, Incomes, and Wages Commission, four revised salary structures have been officially sanctioned for employees in Universities, Polytechnics, and Colleges of Education. The letter specified, “The previously stated 23.5% increment, as mentioned in our letter SWC/S/04/S.149/T/59 dated 28th July 2022 and outlined in paragraph 2 of your letter, has been increased to 25% which accounted for the increased cost implications.”

Furthermore, the Chairman expressed his contentment, remarking, “This Commission is really pleased with the success your informal discussions have achieved. We shall endeavour to support all your efforts aimed at repositioning the Education Sector.”

Related Articles

Back to top button