• Wednesday, June 19, 2024
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N132bn ‘frivolous’ allocation in 2024 budget can pay over 55,083 workers N100k minimum wage – BudgIT

Labour rejects FG’s N60,000 minimum wage offer

Civic-tech organization, BudgIT disclosed Tuesday that up to N132 billion were budgeted for frivolities in the 2024 budget, funds that could be used to pay 55,083 workers a minimum wage of N100,000 monthly for two years.

Tagging it “Opportunity Cost of Frivolities in the 2024 Budget”, the organisation disclosed that in the National Assembly budget alone, N53.12 billion can be used to pay 22,083 workers a minimum wage of N100,000 monthly for two years.

Read also:Governors, national assembly members should earn N62,000 minimum wage – Mbaka

Some of this frivolous allocations in the budget include; N4 billion for National Assembly recreation centre, N6 billion for Senate and House of Representatives car park, N2 billion for purchase of SUVs, among others.