He also said FEC approved the minimum wage to take effect from 18 April 2019.
According to him: “Today we sent to the Federal Executive Council our report and the conciliation that was done last week between the Organised Labour and federal government of Nigeria on the issue of the new national minimum wage which has been fixed at N30,000 a month and the consequential adjustment that were meant for salaries and wage structures of the public service thereto.
“You will remember that last week when I briefed the press, I told you that the salaries and wage structure ….. into four class. Health, Armed forces service, research institutes and the paramilitary.
“So they have percentage increase in their wage structure and for emphasis the 07 compartment received 23.2 percent rise, grade level 08, 20 percent, grade level 9, 19 percent, grade level 10-14, 16 percent and grade level 15 and 17 , 14 percent.
“In the CONPPS which is the pure civil service structure and agencies earning the same wages as those in the public service. You have the CONRESS AND CONTISS which is compactmental 2, they have 23.2 percent equivalent and 14-16 10.5 percent.
“Police and other security agencies because they have had a pay rise, last year, they were consequentially adjusted to between 4 and 7 percent. Same goes for the paramilitary. They also have their consequential pay rise.
“So FEC today approved for us that the financial implications worked out by the national incomes and wages commission that the salaries adjustment should take effect as from April 18, 2019 the day the new national minimum wage Act came into being.
“Council also approved for us that the financial implication be worked out and the payment should be completed on or before 31st December 2019.
“Council further directed that the minister of finance budget and national planning through the office of the accountant General of the federation should effect all these payments before 31 December 2019.”
