The federal government of Nigeria has announced that it will start paying workers’ salaries on the 25th of every month.
This will begin with the current month of April, the Accountant-General of the Federation, AGF, Ahmed Idris, said.
“There is a standing instruction of Mr President to pay salary on or before 24 or 25 of every month and we will try as much as possible to comply and to abide by that.
“We are taking a step further to make a provision whereby we can accommodate salary payments even before FAAC.
“This is going to be given a test I believe by this month.
“We will go to seek necessary approval of our political masters to make sure that at least salary and other statutory payments are made even before FAAC.
“Because we can project how much they are and therefore we can prepare and hit the ground running to make them realisable and actualised.
“Even when we delay FAAC, we can still pay salary,” he said.
Mr. Idris dispelled the widely held belief that the Treasury Single Account (TSA) policy was responsible for the delay in the payment of salaries and attributed the situation to the crash in global oil prices, which affected the inflow of income to the country.