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Oyo State, Nigeria, implements new minimum wage, boosting salaries and pensions significantly.
Oyo State, Nigeria, has begun paying a new minimum wage of ₦80,000 to its workers, disbursing ₦12 billion.
Workers in grades 1 to 6 receive a minimum ₦50,000 raise, while those in grade 17 see salaries increase by over ₦180,000.
Pensioners will receive a minimum of ₦25,000 and a 33% pension increase.
The state has also abolished the ₦4,000 retirement form fee, saving retiring workers nearly ₦20 million.
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El Estado de Oyo, Nigeria, aplica un nuevo salario mínimo, aumentando significativamente los salarios y las pensiones.