Labour KICKS as FG slashes wage by N100bn

Labour KICKS as FG slashes wage by N100bn

Labour unions have lambasted the Federal Government for slashing the supplementary budgetary allocation for wage awards to federal civil servants by N100bn, warning that this was not the agreement they had with the government.

Data obtained from the newly Revised 2023 Supplementary Budget, indicated that the government swapped the controversial N5bn presidential yacht votes for Navy barges, increased the budget for defence from N476.54bn to N546.21bn and earmarked N20bn as capital supplementation for the National Intelligence Agency.

The Punch reports that the recently approved N2.1tn 2023 Supplementary Budget was marred with controversy following the discovery of seemingly extravagant items, forcing an amendment by the National Assembly.

In the proposed document, the four-month wage award was to cost the Federal Government around N210bn. However, the approved and newly revised document showed that it would now cost the Federal Government about N110bn.

Also in the revised budget, the Ministry of Defence budget rose from N476.54bn to N546.21bn, indicating an additional allocation of N69.67bn.

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