Mr. Ben Akabueze, the Director-General of the Budget Office has disclosed on Tuesday, November 10, that about 428 out of over 700 federal government agencies will not be able to pay workers’ salaries by the end of November following the implementation of the N30,000 minimum wage.
Akabueze, who appeared before the Senate Committee on Public Accounts, associated the development to the new minimum wage, which implementation commenced among federal workers in January, this year.
He said since the introduction of the new minimum wage, most of the agencies had been struggling to pay their workforce in the last 10 months.
However, he assured the committee that government will dip its hand into the service wide vote to cater for the shortfall in the salaries of the affected workers in the said parastatals.
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