President Bola Tinubu has approved a salary increase ranging from 25% to 35% for civil servants under the remaining six consolidated salary structures.
The approved structures include the Consolidated Public Service Salary Structure (CONPSS), Consolidated Research and Allied Institutions Salary Structure (CONRAISS), Consolidated Police Salary Structure (CONPOSS), Consolidated Para-military Salary Structure (CONPASS), Consolidated Intelligence Community Salary Structure (CONICCS), and Consolidated Armed Forces Salary Structure (CONAFSS).
Previously, workers in the tertiary education and health sectors had already received salary increments.
This pertained to salary structures like the Consolidated University Academic Salary Structure (CONUASS) and Consolidated Tertiary Institutions Salary Structure (CONTISS) for universities.
For polytechnics and colleges of education, it involved the Consolidated Polytechnics and Colleges of Education Academic Staff Salary Structure (CONPCASS) and Consolidated Tertiary Educational Institutions Salary Structure (CONTEDISS).
The health sector also benefited from increases through the Consolidated Medical Salary Structure (CONMESS) and Consolidated Health Sector Salary Structure (CONHESS).
According to a statement from the National Salaries, Incomes and Wages Commission (NSIWC) signed by Emmanuel Njoku, Head of Press, these increments will be effective from January 1, 2024.
Furthermore, the government has also sanctioned increases in pension, ranging from 20% to 28%, for pensioners under the Defined Benefits Scheme corresponding to the six consolidated salary structures mentioned earlier. These increments will also come into effect from January 1, 2024.
KanyiDaily recalls that President Bola Tinubu had appointed an esteemed banker and entrepreneur, Jim Ovia, as the Chairman of the Board of the Nigerian Education Loan Fund.