BREAKING NEWS, Business
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THE federal ministry of finance on Wednesday held a meeting with workers’ union to address the issues that led to their protest early in the week.
A statement issued by Festus Akanbi, senior adviser to Kemi Adeosun, minister of finance on Media, listened to the workers’ requests and confirmed that contractual obligations were being met by government and promised that all genuine complaints and administrative issues will be promptly reviewed.
However, the N1.2 Billion Special Overtime, SOT, payment being demanded by workers, which had been discontinued since 2014, is neither in the 2016 Budget of the Federal Ministry of Finance nor the Federal Inland Revenue Service from where the funds to cover the allowance had hitherto been sourced. The payment of SOT was stopped by the previous administration on the grounds that it was not listed in any extant government Circular, Financial Regulations or the Public Service Rules.
Adeosun urged the workers to be patient and understand the current challenges facing the Nigerian economy. The minister was at pains to point out that many people across the country were struggling to find work and that the priority for the government had to be getting the whole economy back on its feet.
The minister’s clarifications came on the heels of inaccurate reports in the media that the ministry of finance had promised to pay the N1.2 Billion special overtime allowance being demanded by the workers, the statement stated.
— Jun 23, 2016 @ 19:40 GMT
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