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New Minimum Wage And Arrears To Be Paid In December: Finance Minister

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Minister of Finance, Mrs Zainab Ahmed

Nigerian civil servants have been reassured that the new minimum wage and it’s arrears will be paid fully to workers in December.

The Minister of Finance, Budget and National Planning Mrs Zainab Ahmed, gave the assurance during the lecture on the highlights and breakdown of the approved 2020 budget in Abuja on Thursday.

Ahmed stated that the Government had made provision to pay the arrears of the approved new minimum wage for civil servants in December and added that the sum of N4.49 trillion would be spent on recurrent expenditure.

According to her, the sum of N2.465 trillion has been designated for federation capital expenditure, while N2.453 trillion is projected for debt and N2.64 trillion was expected to be realized from oil revenue.

The minister added that a total of N8.42 trillion revenue was expected to be generated in the N10.594 trillion budget and put the projected revenue from other revenue sources at N3.97 trillion.

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