Oyo State workers will begin to enjoy new salary package as the government plans to effect the payment of ₦80,000 minimum wage from January 2025.
A statement from the Commissioner for Information and Orientation, Prince Dotun Oyelade, stated that the Oyo State Government reached an agreement with organized labour on Tuesday, December 17, 2024, on the implementation of the minimum wage and consequential adjustments.
Reaching the agreement, the Secretary to the State Government, Prof. Olanike Adeyemo, and the Head of Service, Mrs Olubunmi Oni, led others in signing for the government while Comrade Kayode Martins of the Nigeria Labour Congress (NLC) and Comrade Bosun Olabiyi of the Trade Union Congress (TUC), alongside other labour leaders, signed for the organised labour.
The negotiating council agreed that the new minimum wage salary structure shall be effective nominally from July 1, 2024 but financially from January 1, 2025.
According to the Commissioner, those who retire between July 1 and December 31, 2024 will have their retirement benefits calculated on the basis of the new minimum wage.
The statement implored all ministries and extra-ministerial departments to be more aggressive in their revenue generation drive to significantly improve the IGR of the State.
The Commissioner said that already, the state government pays over ₦6 billion monthly on salaries and wages, culminating in over ₦77 billion yearly, making it one of the third highest paying state employers of labour throughout the Federation.
While government workers will begin the year 2025 with the bumper salary scale across board, they are also waiting to end the year 2024 with the traditional 13th month salary which they have enjoyed since 2019 under Governor Seyi Makinde’s administration.