Mrs. Zainab Ahmed, Nigeria’s Finance Minister, on Thursday disclosed in Abuja during a press conference that the the financial implications had been worked out by the Presidential Committee set up and that the report had been submitted to the president.
She said;
“It could be a flat amount or a proportion, but the other aspect that is clear is that there would be an increase for the National Youth Service Corps (NYSC) as well because by the Act they should earn at least the minimum wage and the NYSC also has to increase to that N30, 000.
“So, because we have not done the negotiation with labour, I cannot give you the details of what we are projecting because it is simply on projections, at the end of the day, it is what we agree with labour that will be the amount that is due.”
She, however, noted that the Federal Government is still working out modalities before the implementation of the new allowance for corps members.
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