Minimum Wage: FG Plans For Supplementary Budget

Ben Akabueze, the Director General, Budget Office of the Federation, says the Federal Government may go for supplementary budget to implement the new minimum wage if approved by the law.
Akabueze disclosed this at the Media and CSOs Dialogue on the 2018 budget on Wednesday in Abuja.
He said the 2018 budget at present cannot accommodate the proposed minimum wage by the Nigeria Labour Congress.
He said: “When an agreement is reached, the financial implication would be quantified and if need be, there would be a supplementary budget
“The only provision that exists is what we call public service wage adjustment, but that is barely over N40 billion provided on that line, and that may not be enough to cater for any adjustments that may be necessary.”