On National Minimum Wage was yet to conclude its negotiations, workers will not lose anything as the new minimum wage will take effect from May 1, 2024.

The Minister of State for Labour, Hon. Nkeiruka Onyejeocha, stated this on Wednesday while addressing Nigerian workers at the May Day celebration in Abuja.

Recall that it was earlier reported that the Federal Government has approved an increase of between 25% and 35% in salaries of civil servants on the existing six Consolidated Salary Structures.

The Salary Structures are the Consolidated Public Service Salary Structure (CONPSS), Consolidated Research and Allied Institutions Salary Structure (CONRAISS), Consolidated Police Salary Structure (CONPOSS), Consolidated Para-military Salary Structure (CONPASS), Consolidated Intelligence Community Salary Structure (CONICCS), and Consolidated Armed Forces Salary Structure (CONAFSS).

A statement signed by the Head of Press, National Salaries, Incomes and Wages Commission (NSIWC), Emmanuel Njoku, on Tuesday, said the increases take effect from January 1, 2024.

The Minister said it was regrettable that the new national minimum wage was not ready before this year’s Workers’ Day, but that a wide consultation was ongoing to ensure that the document is out together as soon as possible.