Sokoto Commences New Minimum Wage Payment Today 

Date:

Sokoto State Governor, Ahmed Aliyu, has approved the implementation of the new national minimum wage of N70,000 for state workers, effective today.

Press Secretary to the Governor, Malam Abubakar Bawa, disclosed this in a statement issued in Sokoto, yesterday.

Bawa, confirmed that the payment would cover state civil servants, local government employees, and Local Government Education Authorities, LGEA, staff members across the state.

According to him, the initiative aligns with the Federal Government’s new minimum wage policy and fulfills the governor’s promise to improve the welfare of workers in the state.

“Aliyu urges all civil servants in Sokoto to reciprocate this invaluable gesture by demonstrating renewed commitment, hard work, punctuality, and seriousness in their duties.

“The Governor further pledges to maintain prompt payment of salaries, by ensuring disbursements between 19th and 22nd of every month”, he said.

Bawa, assured the readiness of the present administration to continue to be worker-friendly towards taking the state to greater heights of development.

He also announced that the state government had allocated N500 million monthly to address the backlog of unpaid gratuities, with an additional N300 million earmarked monthly for retirees from 2023 onward.

“Before this administration, workers in the state experienced significant delays in salary payments, often waiting over 50 days instead of the usual 25-30 days.

“However, under Aliyu’s leadership, salaries are now promptly paid, and the backlog of unpaid gratuities is being systematically cleared”, Bawa said.

He noted that the administration was determined to ensure that no civil servant owe gratuity by the end of the tenure, underscoring its commitment to the welfare of both active and retired workers. NAN

NDIC Seeks Inclusion Of Deposit Insurance Module In ICAN Exams

Nigeria Deposit Insurance Corporation, NDIC, has called for the inclusion of deposit insurance module in the curriculum of the Institute of Chartered Accountants of Nigeria, ICAN.

A statement by the Acting Head, Communication and Public Affairs of the Corporation, Hawwau Gambo, in Abuja, yesterday, indicated that Managing Director of NDIC, Mr Bello Hassan, made the call in an engagement with ICAN members.

The statement quoted Hassan, saying that the inclusion had become essential to enhance understanding of the deposit insurance scheme among ICAN members.

According to the statement he said that ICAN members represented a significant portion of potential bankers and bank examiners.

He reiterated the need for the institute to ensure that its members upheld the highest values of integrity and professionalism in the discharge of their duties as auditors.

According to him, the corporation and the Central Bank of Nigeria, CBN, relied on the works of ICAN members’ as external auditors in their risk-based supervision of banks.

Besides, the President of ICAN, Mr Davidson Alaribe,  commended NDIC for its continuous compliance to the highest standards of integrity and transparency which were critical in safeguarding depositors’ funds.

Alaribe, said that the development was important in ensuring financial systems stability. NAN

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