FG To Increase Minimum Wage – Osinbajo
Vice
President Yemi Osinbajo said the government was considering increasing the
remuneration package, especially bonuses of certain government agencies,
instead of reviewing wages across board.
This was
contained in a transcript made available to newsmen in Abuja yesterday, August
22, by Senior Special Assistant on Media and Publicity to the Vice President,
Laolu Akande.
Osinbajo
spoke during a session titled, “Conversation with the Vice-President” at the
2017 Nigerian Bar Association National Conference held in Lagos on Monday.
He said
though the issue of better pay for workers was a good suggestion; the
government was “in a bind of sorts.”
He further
explained that “while it was correct that the country needed a more efficient
civil service that would be paid more, there was also the need to increase
revenues.”
Osinbajo
added, “Sometimes, it is a chicken and egg situation because in order to
increase revenues, we need to increase remuneration.
“I think that what we are probably going to
end up doing is what we have done with some of the parastatals; in other words,
identifying certain government services that must be remunerated differently in
order to increase efficiency. One of the revenue generating agencies, for
instance, is the Federal Inland Revenue Service.
“Improving
remuneration, especially bonuses, would do a lot of good. That we saw happen in
Lagos with the Lagos Inland Revenue Service, where because there were bonuses,
there was improvement in revenue and reform.
“People were
able to do better, even in our judicial system. Because we paid better; we
remunerated better, people were able to improve.”
FG To Increase Minimum Wage – Osinbajo
Reviewed by Unknown
on
Thursday, August 24, 2017
Rating:
No comments: