Will FG pay ex-Corps members minimum wage arrears

– Will FG pay ex-Corps members minimum wage arrears? Find answer below.

- Will FG pay ex-Corps members minimum wage arrears? Find answer below. Following the Federal Executive Council (FEC) weekly meeting in Abuja on Wednesday, the Ministry of Finance and the Office of the Accountant General of the Federation has been directed to pay consequential adjustments on the new minimum wage before December 31st. Since then, Nyscinfo.com has been receiving series of questions as regard to this minimum wage arrears payment. The most frequently asked question is "will Federal Government (FG) pay ex-Corps members minimum wage arrears". Before I answer this question let's first understand the meaning minimum wage. What is minimum wage? Minimum wage has been defined as the lowest salary that an employer is mandated by law to pay workers. Will ex-Corps members minimum wage arrears? Both ex-Corps members and serving Corps members will receive the new minimum wage arrears. However, those who will receive this arrears are those who were in service when minimum wage was signed into law. That means minimum wage arrears will be paid to those who were in active service between April and December, 2019. What date did Buhari sign N30,000 minimum wage bill into law? The National Assembly passed the minimum wage bill on March 19th 2019, and it was transmitted to President Buhari on April 2nd. On Thursday, April 18th, 2019, President Muhammadu Buhari signed the new minimum wage bill into law. How can minimum wage arrears be determined? The old minimum wage is N18,000 and the new minimum wage is N30,000. Therefore, N30,000 - N18,000 = N12,000. It has been 9 months since Buhari signed minimum wage into law. Therefore, the minimum wage arrears for those that have been employed since April to December is N12,000 x 9 = N108,000. Note: the consequential adjustment arrears include those that their salaries were reviewed upward because of the new minimum wage. In the comment section, tell us what you think about minimum wage arrears

Following the Federal Executive Council (FEC) weekly meeting in Abuja on Wednesday, the Ministry of Finance and the Office of the Accountant General of the Federation has been directed to pay consequential adjustments on the new minimum wage before December 31st.

Since then, Nyscinfo.com has been receiving series of questions as regard to this minimum wage arrears payment.

The most frequently asked question is “will Federal Government (FG) pay ex-Corps members minimum wage arrears”.

Before I answer this question let’s first understand the meaning of minimum wage.

What is minimum wage?

Minimum wage has been defined as the lowest salary that an employer is mandated by law to pay workers. This usually come, following negotiations between Labour Union and Federal government. Once the President sign minimum wage into law, employers who pay below the minimum wage can be sued to Court.

Will FG pay ex-Corps members minimum wage arrears?

Both ex-Corps members and serving Corps members will receive the new minimum wage arrears. However, those who will receive this arrears are those who were in service when minimum wage was signed into law.

That means minimum wage arrears will be paid to those who were in active service between April and December, 2019.

SEE ALSO:  Corpers Jubilate As New Minimum Wage Reflects In 2020 Budget

What date did Buhari sign N30,000 minimum wage bill into law?

The National Assembly passed the minimum wage bill on March 19th 2019, and it was transmitted to President Buhari on April 2nd.

On Thursday, April 18th, 2019, President Muhammadu Buhari signed the new minimum wage bill into law.

How can minimum wage arrears be determined?

The old minimum wage is N18,000 and the new minimum wage is N30,000.

Therefore, N30,000 – N18,000 = N12,000.

It has been 9 months since Buhari signed minimum wage into law. Therefore, the minimum wage arrears for those that have been employed since April to December is N12,000 x 9 = N108,000.

SEE ALSO:  FG to pay workers minimum wage arrears in December

Note: the consequential adjustment arrears include those that their salaries were reviewed upward because of the new minimum wage.

In the comment section, tell us what you think about minimum wage arrears.

Updated: December 21, 2019 — 10:03 pm

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Humphery

Humphery is a seasoned internet entrepreneur and a life coach. He has been the Nyscinfo ambassador since 2017. He is knowledgeable enough to guide you. Keep following this website for updates, we love you!

12 Comments

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  1. Tukur Bello Musawa

    We are still waiting for the arrears sooner or later

  2. As you earlier stated this money is ours,i don’t understand why some people are panicked, if during Goodluck Jonathan administration they paid, I don’t think this Will be different. Any responsible government will not wait to be told the right thing to be done

  3. Up until now corps members are yet to receive their arrears. What could be the matter? And no one has addressed this yet. We deserve it we are a registered body too. Let the payment begin so it can go round in the shortest time possible

  4. I don’t know why alot of people are confusing themselves. Be it allowance or salary, the Nigerian constitution state that corp members are entitled to a minimum wage. The signing of the new minimum wage into law was carried out April 2019 by President Buhari, So it’s in order for corps members serving within that time frame to request for the payment of arrears. There is urgent need for the FG to please pay both ex-corps members and serving corps members their arrears.

  5. upto now corpers are yet to get there minimum wage arrears. what could be the issues

    1. Jokosanya Taiwo Paul

      The issue is in your registration and biometric or your bank, ensure your thumbprints shows present, if that is done then go to your Cds officer

  6. corpers have not receive their minimum wage arears

  7. We believed! But we are still waiting to see it in reality.

  8. Am a cor member of batch c stream 2 of 2019, I checked my local government clearance and I see present in both Nov and Dec and they pay us 1 alaweee,plz will they pay us for this December.

  9. Do you mean government will pay #108000 to Corp members this December? What about the monthly payment, is that inclusive too?

  10. Now it is audio money.
    When i see alert i will comment

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