Government employees in Nigeria can look forward to a pay hike in the range of 25 to 35 per cent, which will come into effect from January 2024. This announcement comes amidst the high cost-of-living crisis in the country; the highest in 28 years, with the inflation touching 33.20 per cent.
That means, the lowest salary for federal government staff, including those employed in the health, education and security space, will be about $323.97 annually.
The monthly minimum wage is also being revised in consultation with the labour unions. The last revision happened five years ago.
Elsewhere, in Malaysia, civil servants will see their salaries going up by at least 13 per cent amid surging prices and the ringgit losing its strength. This is the highest salary increment till date, and it will cost the country about $2.10 billion. The Malaysian government is looking to ensure that civil servants earn a minimum monthly income of over 2,000 ringgit. This hike will come into effect from December this year.
The last revision of salaries took place 12 years ago, when a hike of 13 per cent was granted.
Never before has the Malaysian government revamped the Public Service Remuneration System so comprehensively. This is said to be the largest wage scheme when it comes to monetary implications for the Government of Malaysia. However, underperformers will neither receive any hikes nor any promotions.
