FILE: Oyo State Governor Seyi Makinde during his inauguration on Monday, May 29, 2023. The Oyo State Governor, Seyi Makinde, has declared that workers and pensioners in the state would receive a monthly cash award of N25,000 and N15,000 respectively for the next six months.
Makinde maintained that the wage award of N25,000 and N15,000 respectively for workers and pensioners would be paid for the month of October and subsequently for another five months until an agreement is reached on a new minimum wage.He added that the cash award would result in an additional N2.
The governor told the workers that he had held a meeting with labour leaders and had reached an agreement.He said, “So, what we agreed when we met was I said yes, there is the need to cushion the effect of the economic challenges on the workers. The Federal Government did N35,000 and I said what can we do in Oyo State and we have agreed that we would do a cash award too.
Makinde added that the state had put in place the Sustainable Action for Economic Recovery initiative, which comprised interventions through food relief, ease of transportation, empowerment of farmers, agripreneurs and small scale business operators as well as health insurance for residents and pensioners to mitigate the effects of the economic hardship on residents of the state.
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