Nigerian govt to pay minimum wage with N6.2tr supplementary budget

The Minister of Budget and National Planning, Atiku Bagudu, said on Tuesday the proposed N6.2 trillion supplementary budgetary would be used to pay the minimum wage.

The minister stated this while addressing the House of Representatives’ Committee on Appropriation in Abuja.

He said the funds would be spent on stimulating the economy through the implementation of various infrastructural projects.

He said N3 trillion was earmarked for the minimum wage whose bill President Bola Tinubu would send to the National Assembly soon.

READ ALSO: Reps pass N98.5bn 2024 FCT supplementary budget

Bagugu revealed that the budget was also aimed at providing counterpart funding for rail and other projects in the country.

The minister said: “These include the Port Harcourt Main Bridge which would traverse the rivers Imo, Enugu, Ebonyi, Anambra, Benue, Nasarawa, Plateau, Katsina, Bauchi, Gombe, Yobe, and other parts of the country.

“The second project is Badagry-Tin Can Port, Lekki Port, the Lagos-Ibadan Standard Gauge, and Kano-Marada Standard Gauge.”

He assured the lawmakers that the projects captured in the amendment to the 2024 Appropriation Bill would not limit the revenue available for the implementation of the 2024 budget.

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