Posted inHome
New Minimum wage likely to push states into bankruptcy — NGF
As the nation awaits the new minimum wage promised to be sent to the National Assembly by President Bola Tinubu, the burden of implementing the minimum wage may make many states bankrupt.
The Federal Executive Council, at its meeting last Tuesday, stepped down a memorandum on the report of the tripartite committee on the new minimum wage, to allow for more consultations among the federal and state governments on one part, the private sector and the labour unions on the other part.
Last Thursday, Tinubu met with the governors at the National Economic Council meeting chaired by Vice President Kashim Shettima. The meeting, which was expected to deliberate on the national minimum wage, was, however, silent on whether or not it considered the issue.
Also last Thursday, the Southern Governors’ Forum released the communiqué of its meeting held in Abeokuta, Ogun State, with the governors asking that each state should negotiate minimum wage with its workforce.
The labour unions have, however, reacted to the stance of the Ni¬geria Governors’ Forum over their overbearing influence on the minimum wage negotia¬tions.
In a document, titled, “Analysis of State FAAC inflows and state expenditure profile,” of the Nigeria Governors’ Forum Secretariat, the NGF report warned that implementing the new minimum wage could push states into bankruptcy due to increased recurrent expenditure.
READ ALSO:
FG votes N24tn for salaries as new wage begins April
According to the report, the burden of recurrent expenditure already left Abia, Ekiti, Gombe, Imo, Katsina, Kogi, Oyo, Plateau, Sokoto, Yobe, and Zamfara in deficit in 2022.
The report predicted that if the recurrent expenditure increased by 50 per cent, 13 states would fall into deficit, with only 10 remaining financially stable.
The tripartite committee’s recommendation of a N62,000 minimum wage would necessitate over a 100 per cent increase from the current N30,000, potentially leaving only a few states like Anambra, Bayelsa, Borno, Ebonyi, Gombe, Imo, Jigawa, Kaduna, Lagos, and Rivers with positive net revenues, based on the 2022 fiscal data.
A net revenue is the deduction of recurrent expenditure from the total revenue of the state. When it is positive, it means a surplus, but when negative, there is a deficit.
Also, the total revenue of states is calculated from the monthly revenue from the Federal Account Allocation Committee, internally generated revenue, aids and grants and constituency development funds.
According to the documents, sighted, Abia, with an employment size of about 58,631 workers, pays N5,837,899,980.40 as wage monthly. Anambra has a 20,541 employment size and pays N1,824,851,308.96 monthly as wages, apart from N894,480,399.62 as pension obligation and N579,694,680.33 for debt servicing.
Bayelsa boasts of 48,213 workforce, paying N5,802,435,178.58 monthly, with N1,194,528,784.40 as pension obligation and N3,535,787,992.48 as debt servicing, totalling N10,532,751,955.46 as total recurrent expenditure monthly.
Benue has about 13,366 workers in its workforce and pays N2,040,184,471.85 as monthly wage, N76,838,634.62 for pension, and N64,685,126,826.08 for debt servicing, totalling N66,802,149,932.56 monthly.
Delta has about 50,871 workers, offering N8,973,081,853.50 as wages, N1,499,886,303.39 as pension, and N72,417,433,139.00 as debt servicing, accumulating to N82,890,401,295.89 in a month.
Jigawa has about 44,831 workers in its employ and pays N2,795,662,113.02 as wages, and N345,987,843.12 as a pension, totalling N3,141,649,956.14 monthly on recurrent expenditure.
Katsina, Kwara and Niger have 19,062, 36,048 and 22,225 workers, with accumulated N139,294,944,565.27, N4,457,268,675.54 and N2,653,614,213.35 monthly recurrent expenditure respectively.
According to the document, Abia has a total recurrent expenditure of N111,983,979,958.62, against a total revenue of N147,637,730,867.73.
For Adamawa, the recurrent expenditure stands at N70,369,399,885.57, against a total revenue of N109,722,949,684.65, while Akwa Ibom boasts of a high revenue of N444,288,683,000, with recurrent expenditure of N235,144,539,000.
Of the states, Lagos has the highest total revenue, amassing N1,243,778,878,170 in 2022, with a recurrent expenditure of N621,043,036,000, followed by Delta, with N702,020,717,460.08 and a recurrent expenditure of N377,905,100,451.83.
Rivers amassed N525,588,159,714.88 in 2022, with recurrent expenditure of N186,974,715,774.87; Kaduna had a total revenue of N222,349,875,000 and expenditure of N95,987,999,472.10; Ogun, N297,249,009,626.83, recurrent expenditure of N178,519,010,628.42 and Oyo, with total revenue of N247,156,776,739.70 and recurrent expenditure of N152,077,804,384.65.
Kebbi State had the lowest total revenue in 2022, raking in N92,132,444,588.16 and spent N57,601,464,374.96 on recurrent expenditure, followed by Taraba, with a total revenue of N101,177,283,069.87 and recurrent expenditure of N75,055,201,412.62.
Aside from FAAC allocation, some states recorded poor IGR in the 2022 data compiled by the NGF Secretariat.
Zamfara State generated N6,513,960,477.20; followed by Kebbi, with N8,630,767,122.96; Taraba, N9,744,331,840.01 and Yobe State, with N9,940,554,642.00.
The IGR of Katsina (N12,821,119,042.64), Adamawa (N13,175,774,969.53), Niger (N14,427,373,136.00), Benue (N15,021,223,729.38), Plateau (N15,927,001,739.90) and Imo (N16,711,346,111.18) also showed a poor revenue standing.
Newsmen reported on October 19, 2023, that 15 states have yet to implement the N30,000 minimum wage for their workers since it was signed into law in 2019.
According to BudgiT, though the 15 states were yet to implement the minimum wage of N30,000, the 36 states of the federation grew their cumulative personnel cost by 13.44 per cent to N1.75tn in 2022 from N1.54tn in 2021.
The civil society organization, in a release, ‘The States of States Report 2023,’ highlighted that the 36 states of the federation grew their revenue by 28.95 per cent from N5.12tn in 2021 to N6.6tn in 2022.
“Put together, the IGR of the 36 states appreciated by 12.98 per cent from N1.61tn in 2021 to N1.82tn in 2022, denoting a strengthened domestic revenue mobilisation capability.
“Nonetheless, the IGR to GDP ratio remained very low at 1.01 per cent. The increase in IGR did not reflect across the board as 17 states experienced a decline in their IGR from the previous year, while 19 states recorded positive growth,” BudgIT said.
The Assistant General Secretary of the NLC, Chris Onyeka, in an interview with the News Agency of Nigeria on minimum wage and its implementation, claimed that many state governors were flouting the Minimum Wage Act and listed the states of Abia, Enugu, Bayelsa, Delta, Nasarawa, Gombe, Adamawa, Niger, Sokoto, Imo, Anambra, Taraba, Benue, and Zamfara as defaulting.
Reacting, the Enugu State chairman of TUC, Ben Asogwa, said the state commenced payment of N30,000 minimum wage and its consequential adjustment in February 2020 for state government workers, while local government workers and primary school teachers were paid 25 per cent consequential adjustment.
He, however, said Governor Peter Mbah, on assumption of office, approved the full implementation of the N30,000 minimum wage for both the LG workers and primary school teachers in the state.
Zamfara State Governor, Dauda Lawal, announced during a meeting with the leadership of the labour unions that the state would begin payment of N30,000 minimum wage effective June 2024.
Марихуана гашиш куплю Кокаин, мефедрон, гашиш, бошки купить онлайн Масло конопли купить
Packing up — quite the adventure. Had my turn at this not so long back, and I’ll say this, it’s no small feat. Start with the easy items, then reality kicks in fast. A relative had good luck with Z, but I needed dependable info. Anyway: when you’re seeking reliable nevada moving services, don’t settle fast. And here’s why: seasoned crews handle the desert climate — especially when moving across counties. The way I went about it — asked for itemized quotes — and believe what I say, I dodged plenty of headaches. Here’s something useful that gave me what I needed. nevada long distance movers [url=https://movers-in-nevada-dhc.com]https://movers-in-nevada-dhc.com[/url] That page over there had it neatly organized. What you see is what you get — zero hidden costs. Scheduled my move that way and it worked out perfectly. Be careful with your choice. Ask about licensing. A decent mover is worth their weight in gold. Hope this points you in a good direction!
you are in reality a good webmaster. The website loading
velocity is amazing. It sort of feels that
you’re doing any distinctive trick. Moreover, The contents are
masterwork. you have done a great process in this topic!
paysafecard 50 zЕ‚ za darmobetclic bonus powitalny kasyno depozyt blik ruska ruletka online
Navigating this contemporary environment concerning online gambling requires finding one site which weights excitement along with trustworthiness, and this brand stands out as one engaging destination targeted at passionate players https://thorfortune-5.web.app/ . Acting as one devoted gaming expert, exploring thor fortune online casino reveals one robust playing atmosphere tailored toward each beginners and high rollers. One thorough evaluation of it emphasizes its impressive selection concerning slot machines, live casino games, and secure transactions that assure seamless payouts. For players seeking an captivating experience, such operator’s platform delivers smooth mobile compatibility along with enticing bonuses that boost the complete gameplay. Interacting with thorfortune casino online offers entry toward advanced game developers and responsive customer support, converting casino thorfortune an reliable choice aimed at fun. Finally, picking this specific site implies moving into one regulated plus thrilling ecosystem designed for maximize player happiness, solidifying thor fortune casino review insights like a proof for the platform’s rising status in such rival online gaming industry nowadays. [url=http://teckdh.co.kr/bbs/board.php?bo_table=free&wr_id=414229]Best Thorfortune Ca[/url] [url=http://www.beerorkid.com/vote-guide-from-phatt/comment-page-3384/#comment-2240269]Best Thorfortune Casino Review Expert[/url] a77ecb3
Беда — человек в запое. Врачи бессильны — только клиника поможет. Хорошо, что есть хорошая клиника. Есть круглосуточное лечение. Постоянный контроль. Инфузионная терапия — безопасно и эффективно. Без постановки на учёт. Уход профессиональный. вывести из запоя в стационаре [url=https://narkolog.vyvod-iz-zapoya-v-stacionare-samara12.ru]вывести из запоя в стационаре[/url] На сайте подробности. Проверили на себе — врачи профессионалы. Человек приходит в себя. И что ценно — с заботой. Действуйте сразу. Здоровье — это главное. Кому нужна срочная помощь — советую. Поправляйтесь!
Проблема — человек в запое. Дома не справиться — нужно серьёзное лечение. Хорошо, что есть хорошая клиника. Работает вывод из запоя в стационаре. Врачи круглосуточно наблюдают. Инфузионная терапия — профессионально. Полная анонимность. Отношение внимательное. стационар вывод из запоя [url=https://narkolog.vyvod-iz-zapoya-v-stacionare-samara12.ru]https://narkolog.vyvod-iz-zapoya-v-stacionare-samara12.ru[/url] Все условия работы. Родственника положили — без обмана. После лечения сразу легче. И что ценно — с заботой. Главное — не медлить. Время не ждёт. Тем, кто в такой ситуации — обращайтесь. Выход есть всегда!
Howdy very cool blog!! Man .. Beautiful .. Wonderful ..
I will bookmark your web site and take the feeds also?
I’m glad to find so many helpful info here
within the post, we’d like develop extra techniques on this
regard, thank you for sharing. . . . . .
Кошмар — близкий в запое уже давно. На дому не помогают — требуется госпитализация. Хорошо, что есть хорошая клиника. Оказывается, работает профессиональный стационар. Постоянный контроль. Капельницы и препараты — профессионально. Полная анонимность. Палаты хорошие. круглосуточный стационар вывод из запоя [url=https://narkolog.vyvod-iz-zapoya-v-stacionare-samara12.ru]круглосуточный стационар вывод из запоя[/url] Все условия работы. Обращались туда — без обмана. Результат виден сразу. И что ценно — с заботой. Главное — не медлить. Время не ждёт. Тем, кто в такой ситуации — советую. Всё наладится!
Ужас — близкий в запое уже давно. Дома не справиться — только клиника поможет. Нашли отличный стационар. Есть круглосуточное лечение. Медперсонал всегда на месте. Капельницы и препараты — профессионально. Никто не узнает. Условия комфортные. вывод из запоя в стационаре [url=https://narkolog.vyvod-iz-zapoya-v-stacionare-samara12.ru]вывод из запоя в стационаре[/url] Там контакты и цены. Проверили на себе — реально помогли. Человек приходит в себя. И что ценно — с заботой. Чем раньше, тем лучше. Каждая минута важна. Кто уже не справляется — советую. Выход есть всегда!
Wow that was odd. I just wrote an incredibly long
comment but after I clicked submit my comment didn’t
appear. Grrrr… well I’m not writing all that over again. Anyhow,
just wanted to say wonderful blog!
Здорова, народ Ситуация критическая Родственники не знают что делать В больницу тащить страшно Короче, только это реально спасло — выведение из запоя на дому волгоград качественно Через пару часов человек пришёл в себя В общем, не потеряйте контакты — поставить капельницу от запоя на дому [url=https://kodirovanie.vyvod-iz-zapoya-na-domu-volgograd.ru]https://kodirovanie.vyvod-iz-zapoya-na-domu-volgograd.ru[/url] Вывод из запоя на дому — это реальный выход Перешлите тем кто в такой же ситуации
Superb blog! Do you have any hints for aspiring writers?
I’m planning to start my own site soon but I’m a little lost on everything.
Would you suggest starting with a free platform like WordPress or go for a paid option? There are so
many options out there that I’m totally confused
.. Any suggestions? Thanks!
Undeniably consider that that you stated. Your favourite reason seemed to be at the
web the simplest factor to take note of. I say to
you, I definitely get irked whilst other folks consider issues that they just don’t know about.
You managed to hit the nail upon the top as neatly as defined
out the entire thing without having side effect , folks can take a signal.
Will likely be again to get more. Thanks
That is very interesting, You’re a very professional blogger.
I’ve joined your feed and look ahead to searching for extra
of your excellent post. Additionally, I have shared your website in my social networks
This is my first time pay a quick visit at here and i am really
impressed to read all at one place.
Current virtual gambling fans tend to be constantly hunting seeking portals which merge exciting motifs with trustworthy aspects, plus thorfortune casino https://thorfortune.vercel.app/ hates quickly stepped up as an prominent destination inside the online play sphere. Being one seasoned industry professional, a comprehensive thorfortune casino review demonstrates the fact that this provider aptly grasps user focus via a wide range featuring absorbing slot machines plus broadcasted dealer choices. Traveling through the thor fortune online casino displays an user-friendly interface designed tailored for not only new users plus experienced vip players who appreciate seamless performance. Furthermore, evaluating the complete security standards along with bonus offers of thorfortune casino demonstrates an firm promise to keeping an safe and profitable space. Regarding everyone checking out this wider industry of online amusement, interacting with thorfortune casino online delivers a comprehensive experience which balances exciting action along with solid player protection, turning the platform a firm choice tailored for loyal gambling fans searching aiming for quality amusement. [url=https://pluto-travel.com/2018/11/30/tiptoe-through-the-tulips-of-washington/#comment-711146]Thorfortune Review and Overview[/url] [url=https://ulusoft.be/product/woodrow-waste-bin/#comment-474457]Thorfortune Online Casino Guide[/url] a9ad00f
Navigating our current market of virtual gambling requires discovering one platform which mixes safety entertainment plus profitable opportunities which stands as exactly elements users find once gamblers explore thor fortune casino. As the leading hub targeted toward digital wager enthusiasts, thor fortune casino https://thorfortune-casino-111.netlify.app/ provides one remarkable variety including slots, table games and real dealer sessions tailored to suit both casual gamers plus high rollers too. Evaluating the platform by means of an detailed thorfortune casino review exhibits the smooth user interface, solid data protection measures and active help desk who functions 24/7. For individuals looking for the dependable digital betting environment, casino thor fortune provides great benefits through generous initial rewards, weekly promotions alongside an rewarding loyalty program. Moreover, engaging alongside thor fortune online casino secures fluid mobile compatibility, permitting members to enjoy the preferred options whenever plus globally excluding lowering upon excellence plus performance. Ultimately, opting for thor fortune online casino guarantees a thrilling but safe wagering journey, powered via fair play licenses plus clear banking rules, turning thor fortune a prime option for discerning players worldwide. [url=http://brunswick.ncaoh.com/2018/10/10/an-gorta-mor-the-great-hunger/#comment-3174]Why Thor Fortune Online Casino is the Top Choice for Players[/url] [url=http://hksolution.co.kr/bbs/board.php?bo_table=comm2&wr_id=590614]The Ultimate Guide[/url] 1f154db
Ужас — отец пьёт. Скорая не вариант — нужен стационар. Узнали надёжное место. Оказывается, работает профессиональный стационар. Полный мониторинг. Детоксикация — безопасно и эффективно. Полная анонимность. Палаты хорошие. вывод из запоя в стационаре в самаре [url=https://narkolog.vyvod-iz-zapoya-v-stacionare-samara12.ru]вывод из запоя в стационаре в самаре[/url] Там контакты и цены. Я сам лежал — всё честно. Состояние нормализуется. И главное — с поддержкой. Чем раньше, тем лучше. Каждая минута важна. Кому нужна срочная помощь — обращайтесь. Поправляйтесь!
Люди подскажите Ситуация критическая Жена в истерике Таблетки не помогают Короче, врачи приехали и поставили систему — вывод из запоя на дому цена доступная Поставили капельницу с детоксикационным раствором В общем, жмите чтобы сохранить — вывод из запоя на дому цена [url=https://vyvod-iz-zapoya-na-domu-volgograd.ru]вывод из запоя на дому цена[/url] Вывод из запоя на дому — это реальный выход Перешлите тем кто в такой же ситуации
Проблема — близкий в запое уже давно. На дому не помогают — требуется госпитализация. Друзья порекомендовали. Работает вывод из запоя в стационаре. Медперсонал всегда на месте. Капельницы и препараты — безопасно и эффективно. Анонимно и конфиденциально. Палаты хорошие. выведение из запоя стационар [url=https://narkolog.vyvod-iz-zapoya-v-stacionare-samara12.ru]выведение из запоя стационар[/url] Все условия работы. Обращались туда — без обмана. После лечения сразу легче. И главное — с поддержкой. Чем раньше, тем лучше. Время не ждёт. Кто уже не справляется — не бойтесь. Держитесь!
Hello, I do think your web site may be having web browser compatibility issues.
When I look at your web site in Safari, it looks fine however, if opening in I.E., it has some overlapping issues.
I just wanted to provide you with a quick heads up!
Aside from that, excellent website!
Проблема — отец пьёт. Скорая не вариант — нужно серьёзное лечение. Нашли отличный стационар. Работает вывод из запоя в стационаре. Врачи круглосуточно наблюдают. Инфузионная терапия — профессионально. Никто не узнает. Палаты хорошие. нарколог вывод из запоя в стационаре [url=https://narkolog.vyvod-iz-zapoya-v-stacionare-samara12.ru]нарколог вывод из запоя в стационаре[/url] Вся информация по ссылке. Я сам лежал — врачи профессионалы. Состояние нормализуется. И что важно — с реабилитацией. Не откладывайте. Время не ждёт. Кто ищет стационар — советую. Всё наладится!
Кошмар — близкий в запое уже давно. Дома не справиться — только клиника поможет. Друзья порекомендовали. Есть круглосуточное лечение. Врачи круглосуточно наблюдают. Капельницы и препараты — надёжно. Никто не узнает. Палаты хорошие. выход из запоя в стационаре [url=https://narkolog.vyvod-iz-zapoya-v-stacionare-samara12.ru]выход из запоя в стационаре[/url] На сайте подробности. Я сам лежал — реально помогли. Результат виден сразу. И что ценно — с заботой. Действуйте сразу. Близких нужно спасать. Кто уже не справляется — обращайтесь. Держитесь!
Печальная история — близкий сорвался. Таблетки не дают эффекта. А состояние ухудшается. Хорошо, что нам подсказали. Есть способ помочь — выезд нарколога на дом. Бригада оперативно выезжает. 24 часа. Анонимно и конфиденциально. Выводят из запоя мягко — безопасно. Не завышают. вывод из запоя цена [url=https://narkolog.vyvod-iz-zapoya-na-domu-voronezh-ayu.ru]https://narkolog.vyvod-iz-zapoya-na-domu-voronezh-ayu.ru[/url] Там контакты и цены. Проверил на себе — без обмана. Человек приходит в себя. И главное — без последствий. Чем раньше, тем лучше. Здоровье — это главное. Кто не знает куда бежать — рекомендую. Держитесь!
Acting the premier gaming expert, assessing modern gaming platforms requires an careful detailed look at title portfolio, safety protocols, along with total player journey https://thorfortune-1.vercel.app/ . As reviewing current digital destinations, thorfortune casino online stands out like a notable alternative to captures this interest of each recreational users plus elite rollers too. In all comprehensive thorfortune review, analysts generally highlight the platform’s varied catalog concerning reel games, card options, and streamed host experiences driven through trusted tech developers. Past the amusement appeal, thorfortune casino online secures a secure space by means of advanced encryption technologies and solid regulatory standards. Moreover, browsing across casino thorfortune is effortless, due into a sleek user-friendly design tailored toward either PC along with mobile devices. Players evaluating this operator will realize that thorfortune casino balances lucrative bonus promotions with clear conditions along with policies, making thorfortune casino online enticing compelling option for fans searching for reliable withdrawals, responsive customer assistance, along with a immersive captivating online gaming atmosphere overall. [url=https://shallomglobalmissionary.com/2024/06/16/maximizing-your-retirement-savings-strategies-and-insights/]Expert Guide For The Best Casino Guide[/url] [url=http://cyber21.no-ip.info/%7eyac/privatex/yybbs5.cgi]Expert Review To Online Casino Online[/url] db02_13