Members of the National Youth Service Corps (NYSC) are now to earn N30,000 per month.
Minister of Finance, Mrs Zainab Ahmed made the disclosure on Thursday in Abuja while giving an update on the implementation of the new National Minimum Wage.
MRS Ahmed who spoke at a press conference said that the financial implications of the N30,000 new minimum wage had been worked out by the Presidential Committee set up and that the report had been submitted to the president.
“We have looked at the report and what we are working on now is how we can finance it.
“Apart from the increase of the minimum wage from N18, 000 to N30, 000, there is also consequential adjustment that we have to negotiate with the labour unions.
“The total implication of that would be worked out only after the negotiations and that would involve determining how much increase every other staff that is above the minimum wage would get.
“It could be a flat amount or a proportion, but the other aspect that is clear is that there would be an increase for the National Youth Service Corps (NYSC) as well because by the Act they should earn at least the minimum wage and the NYSC also has to increase to that N30, 000.”