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November, December Salaries Will Be Paid – Minister

26 November 2020 National News


The Federal Government, through the Minister of Finance , Budget and National Planning Mrs. Zainab Ahmed has allayed fears in some quarters that the current economic recession in the country will affect the prompt payment of workers’ salaries in November and December 2020.

The Minister said this on Wednesday while fielding questions from State House correspondents at the end of the virtual meeting of the Federal Executive Council (FEC) in Abuja.

The meeting was presided over by President Muhammadu Buhari.

Newsmen report that the figures published by the National Bureau of Statistics (NBS) indicate that Nigeria’s real Gross Domestic Product (GDP) for the third quarter of 2020 has entered its second economic recession in five years.

The minister, who dismissed speculations that the economic recession would affect the payment of federal workers’ salaries, said government had already paid November salaries.

“On the issue of federal workers’ salary, there’s no issue with federal workers’ salary.

“We have paid salaries for November and we shall pay salaries for December; so there’s no issue at all with federal workers’ salary.

“If you hear about any issue, it is for agencies whose budget’s funding on the GIFMIS (Government Integrated Financial Management and Information System) was exhausted and we are about to make an adjustment to them.

“When we were doing the 2020 Budget, we made estimates of the consequential adjustment that is required as a result of the minimum wage and we had sent the budget before a decision and approval was taken on the consequential adjustment.

“So, it is anticipated that some agencies might run short and we made a block provision in the service-wide vote of the budget.

“When we have such a situation, what we simply do is remove fund from the service-wide vote to the agency so that they pay their budget; so, there’s no problem of payment of salaries at all.

NAN


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