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Home Business News Business

We will soon implement the new minimum wage – Kwara State

William Ukpe by William Ukpe
January 2, 2021
in Business
We will soon implement the new minimum wage – Kwara State
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The Kwara State Government stated that it is working on a plan with Labour Unions in the state to implement a new minimum wage for civil service employees in the State.

This was disclosed by Kwara Head of Service (HoS), Mrs Susan Oluwole, in a statement on Friday in Illorin.

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The Head of Service, who also serves as Chairman of Kwara’s Minimum Wage Negotiating Board disclosed that meetings with labour unions have entered an advanced stage.

She said,

  • “I applaud the leadership of the state’s labour movement for the maturity displayed so far and I also wish to add that the government is working on what will be an acceptable living wage for its workforce, and that which is also sustainable. It is for this reason, we are patiently awaiting the outcome of the first meeting of the Federal Account and Allocation Committee (FAAC), to have a clearer idea of what obtains in the 2021 Budget. Once again, I appreciate the patience and understanding of the labour leaders and their members and pray this will be sustained.”

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What you should know 

  • Nairametrics reported that the Federal Government would exempt minimum wage earners from paying personal income tax, in order to stimulate the economy and improve the standard of living of minimum wage earners.
  • The planned exemption of minimum wage earners from paying personal income tax is contained in the 3rd schedule of the Finance Bill, 2021.

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Follow us for Breaking News and Market Intelligence.
Tags: Kwara stateminimum wageMinimum Wage Negotiating BoardNigeria News
William Ukpe

William Ukpe

For further inquiries about this article contact: Email: william.ukpe@nairametrics.com or outreach@nairametrics.com. Twitter: @_sirwilliam_ @nairametrics.

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