Taraba State Governor Agbu Kefas has given public sector employees a significant boost with the approval of a new minimum wage of N70,000.
This development, announced on Wednesday via a press statement signed by Head of Service Paul Maigida Tino, confirms that the wage adjustment will take effect this month, with payments commencing in November.
According to Tino, “I wish to inform you that the governor of Taraba State, Dr. Agbu Kefas, has approved the implementation of N70,000 new minimum wage for workers in the State with effect from November, 2024.” This move is expected to alleviate the economic challenges faced by civil servants and the nation at large.
The new minimum wage is a result of the Federal Government’s efforts to review the national minimum wage, which was previously set at N30,000. The National Minimum Wage Amendment Act 2024 increased the minimum wage to N70,000 and reduced the review period from five years to three years.
*Key Implications of the New Minimum Wage*
– _Increased Take-Home Pay_: The new minimum wage will provide relief to low-income earners in Taraba State.
– _Reduced Economic Hardship_: The increased wage is expected to mitigate the economic challenges faced by civil servants and their families.
– _Compliance Requirements_: Employers in Taraba State must update their employment contracts to reflect the new minimum wage, with non-compliance attracting penalties and fines.
Civil servants in Taraba State have welcomed the news, expressing optimism that the increased wage will improve their standard of living. With the new minimum wage, Governor Agbu Kefas has demonstrated his commitment to enhancing the welfare of public sector employees in the state.