The Federal Government spent N9.39 trillion on wage adjustments, minimum wage increases and allowances for public sector workers between June 2023 and December 2025, exceeding the N5.4 trillion it received as its share of savings from the removal of the petrol subsidy. The Minister of Finance and Coordinating Minister of the Economy, Taiwo Oyedele, disclosed this on Wednesday during a Channels Television media briefing on the Federal Government’s economic reform programme. Oyedele said the figures reflected the significant financial obligations created by the government’s economic reforms since President Bola Tinubu…
Read MoreFG SPENDS N9.39TRN ON WORKERS’ WAGES, ALLOWANCES IN 31 MONTHS — OYEDELE
