Bayelsa State Governor Douye Diri has approved a significant increase in the minimum wage for state workers, setting the new minimum wage at N80,000 effective November 1, 2024. This development is a direct response to the National Minimum Wage (Amendment Act 2024) and underscores Governor Diri’s commitment to improving the lives of Bayelsa State workers.
The approved package includes increased monthly pensions for retirees, providing financial security and comfort in their golden years. Additionally, a whopping N7 billion has been allocated to reduce outstanding liabilities, demonstrating the administration’s dedication to clearing long-standing debts. Sector-specific adjustments will also be implemented, as agreed with labor leaders, ensuring fairness and equity across various sectors.
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This move is expected to have a positive ripple effect on the state’s economy. By increasing disposable income, workers will be able to stimulate economic growth through increased consumer spending, support local businesses and entrepreneurship, and enhance their standard of living.
Governor Diri’s approval of the new minimum wage demonstrates his administration’s dedication to the welfare of its employees and retirees. The governor expressed gratitude to civil servants for their understanding, patience, and commitment to his administration’s policies and programs.
The implementation of the new minimum wage is a significant step towards achieving the Prosperity Administration’s vision of a better life for Bayelsa State citizens. As the state continues to navigate economic challenges, Governor Diri’s leadership demonstrates a clear commitment to prioritizing the well-being of its most valuable assets – its workers.
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