Nigeria on Tuesday increased the salaries of its civil servants by 25 to 35%, retroactive to January, the Salaries Commission announced, as Africa’s largest economy faces its worst cost of living crisis that she has known for almost thirty years.
The lowest paid civil servant will earn 450,000 naira ($323.97) a year or 37,500 a month, the National Salaries, Income and Salaries Commission said in a statement.
The increase affects all federal government employees, including those in the health, education and security sectors.
The government is separately negotiating with unions a new national monthly minimum wage, which was last revised in 2019.
Nigerians are facing inflation of 33.20%, the highest in 28 years, after the government removed a popular fuel subsidy and foreign exchange controls, weakening the naira currency.
The country’s electricity regulator this month increased tariffs for some consumers, as the government tries to wean the economy off subsidies to ease pressure on public finances.
($1 = 1,389.0000 naira)
