The federal government has hinted that members of National Youth Service Corps, NYSC, would benefit from the upward review of the new national minimum wage.
Finance Minister Mrs. Zainab Ahmed dropped this hint on Thursday in Abuja while speaking to newsmen on the country’s economic programmes and other sundry issues.
“Apart from the increase of the minimum wage from N18, 000 to N30,000, there is also consequential adjustment that we have to negotiate with the labour unions.
“The total financial implications will be determined after negotiations. The negotiation will determine what every other staff that is above the minimum wage will get. It could be a flat amount or a progression.
“The other aspect that should be clear is that there is an increase for the NYSC as well because NYSC, by its Act, is designed that they earn the minimum wage. So, NYSC allowance also has to increase to N30, 000. So, I cannot give you projections right now because the negotiations are not yet concluded.”