The Federal Government anticipates a substantial increase in personnel and pension expenditures in 2025, driven by the implementation of the new minimum wage and related adjustments. This projection is outlined in the Medium-Term Expenditure Framework (MTEF) and Fiscal Strategy Paper (FSP) for 2025-2027. According to the document, personnel and pension costs are set to rise … Continue reading FG Projects 58.7% Rise In Personnel And Pension Costs For 2025 Amid Minimum Wage Adjustments