Zainab Ahmed, The Minister of Finance, had said that National Youth Service Corps (NYSC) members will earn the new minimum wage of N30,000 as allowance.
Nation newspaper, report on Friday that, Mrs Ahmed revealed this while speaking to journalists on Thursday in Abuja.
The minister said that they have verified N649.434 billion as the outstanding balance to be refunded to state governments.
She said “NYSC allowance also has to increase to N30,000. So, I cannot give you projections right now because the negotiations are not yet concluded.”
“Apart from the increase of the minimum wage from N18,000 to N30,000, there is also a consequential adjustment that we have to negotiate with the labour unions,.
“The other aspect that should be clear is that there is an increase for the NYSC as well because NYSC, by its Act, is designed that they earn the minimum wage.”
25 of April 25 this year, Suleiman Kazaure, NYSC former Director-General, disclaimed a rumour that said, government had increased corps members’ monthly salaries to N31,800.
One-year compulsory service after graduating from the higher Institution was established in 1973 by former Head of State, Yakubu Gowon, after the Nigerian civil war in 1973 in a bid to reconstruct, reconcile and rebuild the country.
It was designed for young graduates within the country and in the diaspora, between the ages of 18 and 30 for national service.
The administration of former President Goodluck Jonathan in 2011 increased the stipend from N7,500 to N19,800.
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