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FG Offers N62,000 As New Minimum Wage
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The Federal Government and the organised private sector have increased their offer for the new minimum wage to N62,000 from the earlier N60,000 following hours of intense negotiation on Friday. However, organised labour is proposing N250,000 which is a shift from its earlier N494,000. This brings to and end the deliberations on the new minimum wage by the tripartite committee set up by the the Federal Government after several months. The recommendations will be forwarded to President Tinubu, who is expected to send an executive bill to the National Assembly for legislative action. With the work of the tripartite committee…
A former federal lawmaker, Shehu Sani has described as shocking the governors’ opposition to a minimum wage of N60, 000 for civil servants. It was gathered that during the ongoing negotiations by the tripartite committee, the Federal Government had at one point made an offer of N60,000 as a new minimum wage. The offer was, however, swiftly rejected by the organized Labour, who demanded over N400,000 as minimum wage. However, Governors of the 36 states of the federation have even rejected the N60,000 minimum wage earlier proposed by the Federal Government. Recall that the Nigeria Labour Congress (NLC) and the…
The Secretary to the Government of the Federation, SGF, George Akume, has cautioned Nigerians against “shouting” over the issue of fuel subsidy removal by President Bola Tinubu’s administration. Akume said Nigerians should remain calm in the face of the economic hardship that followed the removal of fuel subsiy. Addressing the National Executive Council of the Christian Association of Nigeria, CAN, yesterday, the SGF assured that President Bola Tinubu is working to stabilise the economy. He said: “Nigerians must remain calm. President Bola Tinubu is working to improve the economy. “One of them, which appears to be a little bit tough…
Former Vice President, Atiku Abubakar, has urged President Bola Tinubu to stop deceiving Nigerians about his administration’s true position on fuel subsidy. Atiku said this in a statement, in Abuja, yesterday. He explained that contrary to the President’s public posturing about removing fuel subsidy, the Tinubu administration has been secretly paying trillions of Naira as subsidy on Premium Motor Spirit (petrol). The former Vice President who was the Presidential candidate of the Peoples Democratic Party (PDP), in the 2023 election, noted that subsidy payments under Tinubu’s watch is likely to hit N5.4 trillion this year (2024). Atiku said, “President Bola…
The ad hoc committee set up by the Kaduna State House of Assembly to investigate all finances, loans and contracts awarded under the former governor, Nasir El-Rufai has submitted its report to the House. Presenting the report during plenary on Wednesday, the chairman of the ad hoc committee, Henry Zacharia, said that most of the loans obtained under the El-Rufai’s administration were not used for the purpose for which they were obtained, while in some cases, due process was not followed in securing the loans. Receiving the report, the Speaker of the Kaduna House of Assembly, Yusuf Liman, said that…
Former presidential candidate of the Labour Party, Mr Peter Obi, has dismissed the attempt by the party to create a directorate for the ‘Obidient Movement.’ Obi specifically said that the ‘Obidient Movement’ is not a directorate of any particular political party. It was reported that Labour Party recently appointed eight people to pilot the affairs of the ‘Obidient’ Directorate. The party described the appointment as part of its repositioning efforts towards integrating millions of Nigerian youths, particularly the ‘Obidient’ family, into the larger family of the party. However, in a statement on Wednesday via his X handle, the former Anambra…
Nigerian President, Bola Tinubu has congratulated the Prime Minister of India, Narendra Modi, on his victory in the nation’s parliamentary elections. Prime Minister Modi’s coalition – the National Democratic Alliance – won a majority of the parliamentary seats, paving the way for a third consecutive term, which is a rare feat and the second time an Indian leader will retain power for a third term after Jawaharlal Nehru, India’s first Prime Minister. According to a statement issued by Special Adviser on Media and Publicity, Ajuri Ngelale, the President said the outcome of the elections is a resounding affirmation of Prime…
former deputy Governor of the Central Bank of Nigeria, CBN, Kingsley Moghalu, has said the Nigerian Government can pay N500,000 as minimum wage if the country has an active production economy. Moghalu, however, said government can only pay between N75,000 to N100,000 as new minimum wage due to the lack of a production economy. This comes amid continued negotiations between organized labour and the Nigerian Government over the need to increase the minimum wage. Labour had called off its nationwide strike after a productive meeting with the Nigerian Government on an increase in the pay of workers. The Nigerian Government…
Electricity workers have shut down the National Grid as the strike action called by the Nigerian Labour Congress and the Trade Union Congress began at midnight. Checks on grid data posted by the Independent System Operator showed that generation at midnight was 2,805.59 megawatts but dropped gradually to 28 MW at 6 a.m. on Monday with only Ibom Power on the grid. Reacting to the situation, the Transmission Company of Nigeria, TCN, disclosed that workers unions chased away its workers. A statement by TCN General Manager, Public Affairs, Ndidi Mbah read: “TCN hereby informs the general public that the Labour…
Abia State Governor, Dr. Alex Otti, has denied supporting the sit at home order declared by the Indigenous People of Biafra, IPOB, on May 30th. Otti had through his Special Adviser on Media and Publicity, Mr. Ferdinand Ekeoma, stated that his administration is not interested in going into unnecessary confrontation with the promoters of the May 30 sit- at- home order in honour of those killed during the Nigeria civil war. He further stated that people have a right to mourn their dead. However, the state government in a statement by the Commissioner for Information, Prince Okey Kanu, explained that…

