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.
И ждал каждый номер как события. Но найти стоящее издание стало сложнее. Медицинский вестник — это не просто тексты. А кто-то журнал медицинской психологии. Вестник офтальмологии — И своя планка. Можете ознакомиться по ссылке: медицинские журналы обложки [url=https://recipefy.ru]https://recipefy.ru[/url] Там и про медицинские издания для практиков. Иногда проверенный источник важнее скорости.
Он сказал, что без медицинского журнала. И если их не читать. Российский медицинский журнал — Там рецензируемые публикации. А кто-то журнал клиническая медицина. Журнал медицинской психологии — важно, чтобы издание было в перечне ВАК. Советую глянуть источник: журнал клинический разбор в медицине [url=https://cuisine101.ru]журнал клинический разбор в медицине[/url] И про то, где почитать бесплатно для студентов. Не откладывайте чтение на потом.
Он сказал, что в работе спасают не только навыки. Каждый месяц он просматривал свежий медицинский журнал. Медицинский журнал — И новые подходы к лечению. Кто-то вестник новых медицинских технологий. Журнал клиническая медицина — у каждого издания своя специализация. Вся информация доступна здесь: медицинский вестник мвд россии [url=https://ladiesstyle.ru]https://ladiesstyle.ru[/url] И про то, где почитать бесплатно для врачей. Может изменить подход к работе.
Невозможно отследить, что происходит в науке. Начинаешь отставать на годы. Вестник медицинских наук — И данные, которые можно проверить. Кто-то вестник медицинских технологий. Научный медицинский вестник — А не только по подписке. Советую глянуть источник: журнал клиническая физиология [url=https://cuisine101.ru]https://cuisine101.ru[/url] И про требования к статьям для студентов. Не откладывайте чтение на потом.
Он сказал, что в работе спасают не только навыки. И находил что-то полезное. Медицинский журнал — И разборы ошибок. А кто-то журнал медицинской психологии. Научный медицинский вестник — И свой уровень требований к авторам. Вся информация доступна здесь: медицинский журнал вакансии [url=https://ladiesstyle.ru]https://ladiesstyle.ru[/url] И про то, где почитать бесплатно для исследователей. Может изменить подход к работе.
Он сказал, что без медицинского журнала. И если их не читать. Вестник медицинских наук — Там рецензируемые публикации. А кто-то журнал клиническая медицина. Журнал медицинской психологии — И чтобы статьи были доступны. Советую глянуть источник: медицинский вестник северного [url=https://cuisine101.ru]медицинский вестник северного[/url] Там и про медицинские издания для практиков. Меняет взгляд на привычные вещи.
Hi, ABC8 hiện l sn chơi ổn định với giao diện hiện đại.
Sảnh game nhiều lựa chọn từ game bi, khuyến m?i hấp dẫn. M?nh cảm thấy ok, ai đang t?m nh ci th? vo trải nghiệm nh!
acb8
Как-то разговорился с врачом-исследователем. И если их не читать. Российский медицинский журнал — И данные, которые можно проверить. А кто-то журнал клиническая медицина. Журнал медицинской психологии — важно, чтобы издание было в перечне ВАК. Советую глянуть источник: медицинский журнал [url=https://cuisine101.ru]медицинский журнал[/url] Там и про медицинские издания для студентов. Меняет взгляд на привычные вещи.
I am sure this piece of writing has touched all the internet people,
its really really nice paragraph on building up new
web site.
Как-то разговорился с врачом скорой помощи. Каждый месяц он просматривал свежий медицинский журнал. Медицинский журнал — И новые подходы к лечению. Кто-то читает вестник хирургии. Научный медицинский вестник — И своя аудитория. Вся информация доступна здесь: медицинские журналы приложение [url=https://ladiesstyle.ru]медицинские журналы приложение[/url] Там и про медицинские издания для студентов. Даже один хороший журнал.
Но и привычка читать профильную литературу. Даже спустя годы практики. Вестник медицинских наук — И разборы ошибок. А кто-то журнал медицинской психологии. Научный медицинский вестник — И своя аудитория. Вся информация доступна здесь: журнал клиническая фармакология официальный сайт [url=https://ladiesstyle.ru]https://ladiesstyle.ru[/url] Там и про медицинские издания для практиков. Не пренебрегайте чтением.
Discover practical tips for selling bitcoin in india with
confidence and reliable payment options.
Gioco dentro Crazy Time da una ventina di settimane e ormai mi sono fatto un’idea. Ci sono finito perche un collega me ne aveva parlato, registrazione via in tre minuti, minimo di ricarica di 10 euro che per me va benissimo. KYC sbrigata in giornata, validati in meno di due giorni.
La parte dove passo il 90% del tempo e la sezione live. Roba Evolution coi dealer in carne e ossa su diversi tavoli, roulette sempre aperti e i game show del tipo Monopoly Live e Mega Wheel. Le slot sono intorno alle 2000 titoli, Pragmatic la fa da padrone con Sweet Bonanza e Gates of Olympus, e poi c’e Book of Dead di Play’n GO, qualche NetEnt classica e le Megaways di Big Time Gaming. Betsoft presenti ma con pochi titoli.
Parlando di bonus: nel periodo in cui mi sono registrato c’era il 100% fino a 200€ piu 100 free spin spalmati su qualche giorno, piu 10 giri no deposit solo per la verifica. Il rollover era di 30x ed e qui che non faccio il finto entusiasta: ci vuole pazienza. Ho letto i termini due volte prima di cliccare, dato che il max bet durante il bonus e basso. I codici attivi le vedi presso [url=https://www.alkobtan.com/]https://alkobtan.com[/url] se vuoi controllare.
Prelievi: ne ho cassato tre volte finora. Skrill e Neteller sono i piu rapidi, roba di mezza giornata; con Visa ci sono voluti due o tre giorni l’ultima volta. Ci sono anche anche Bitcoin, che pero non ho testato. Il support su Crazy Time risponde in italiano senza problemi, in un caso ho aspettato un quarto d’ora in chat, ma la questione l’hanno risolta. Licenza c’e, cosa che conta se gioco daItalia.
Da telefono funziona bene, il sito mobile e fatta decentemente e l’app esiste su Android, pero preferisco il browser. Una cosa che mi infastidisce: la ricerca nel catalogo dentro Crazy Time lascia a desiderare, per trovare un gioco specifico ti tocca scorrere parecchio. Consiglio spassionato: giratevi le demo dei giochi nuovi, e guardatevi le statistiche dei tavoli che mostrano a lato — non esiste una strategia magica, pero capisci dove stai mettendo i soldi. Bankroll a parte e limiti di deposito attivati dal primo giorno, quello l’ho capito a mie spese.
Bazzico su Crazy Time piu o meno da quattro mesi e ci sono capitato un po’ per caso, non per pubblicita. La cosa che mi e saltata all’occhio e quante slot ci sono: ci sono qualcosa come 2.500 giochi, con i soliti noti Pragmatic Play — Gates of Olympus ormai li ha chiunque ma almeno qui girano fluidi. Play’n GO e presente anche, Book of Dead e qualche classico me lo gioco ancora.
La sezione live e tutta Evolution, e si vede. Croupier in carne e ossa, qualche tavolo in italiano in certe fasce orarie, piu i game show come Lightning Roulette e Monopoly. Ho buttato piu tempo del previsto sui game show, non lo nego. Per chi preferisce capire come funziona ha a disposizione la versione demo, che non tutti offrono.
L’offerta di benvenuto in Crazy Time e un 100% fino a 500€ con 200 free spin, requisito di puntata 35x — nella media del settore. Ci sono anche 20 giri gratis senza deposito pero leggiti le condizioni. Per i dettagli aggiornati conviene guardare le promozioni correnti su [url=https://alkobtan.com/app]crazy time casino app download[/url] prima di iscrivervi. Deposito minimo 10€, registrazione rapida, documenti richiesti dopo.
Lato pagamenti tutto liscio finora: Visa, Mastercard, Skrill e Neteller, e anche crypto. Ho ritirato la settimana scorsa via e-wallet, poco piu di 12 ore. Sulle carte pero tre giorni, ed e per questo che evito. L’unica rottura vera e stato il KYC: mi hanno rimbalzato la bolletta due volte.
Il supporto su Crazy Time parla italiano, live chat di solito in pochi minuti, via mail piu lenti. La licenza e MGA — per il pubblico italiano va saputo, non e concessione ADM.
Da telefono il sito mobile e fatto bene, l’app c’e pero la uso poco. Una cosa utile sono le statistiche degli ultimi giri, anche se siamo onesti: nessun sistema che renda il gioco profittevole. Io gioco con cifre piccole e stop e me ne faccio una ragione.
Как-то разговорился с врачом-исследователем. Начинаешь отставать на годы. Медицинский журнал — это не просто подборка текстов. А кто-то журнал клиническая медицина. Научный медицинский вестник — важно, чтобы издание было в перечне ВАК. Советую глянуть источник: медицинские журналы рб [url=https://cuisine101.ru]https://cuisine101.ru[/url] Там и про медицинские издания для студентов. Не откладывайте чтение на потом.