Governor Abdullahi Sule of Nasarawa State has approved the immediate implementation of all outstanding promotions for civil servants in the state. The governor announced the approval at a meeting with the organised labour and its affiliates on Monday in Lafia. The governor’s decision followed the request by the leadership of the union that outstanding promotions from 2018 to date be implemented before payment of the new minimum wage of N70,000. Speaking at the meeting, Sule said that he called for the engagement because the government had concluded plans to begin implementation…
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New Minimum Wage: Mass retrenchment looms, as OPS reject N70,000
There is a high possibility of massive job losses within the Organised Private Sector, (OPS), should employers of Labour be compelled to comply with the upward review of the national minimum wage to N70, 000. Recall that on Thursday, President Bola Tinubu, and the Organised Labour, comprising the Nigeria Labour Congress (NLC) and the Trade Union Congress (TUC), led by their presidents, Joe Ajaero and Festus Osifo respectively, agreed to N70,000, as the new minimum wage during their meeting at the Presidential Villa, Abuja. The National Assembly is scheduled to…
Read More“Why we accepted N70,000 as minimum wage” – Organised Labour
Leaders of the Nigerian Labour Congress (NLC) and Trade Union Congress (TUC) announced that they have accepted the N70,000 minimum wage approved for Nigerian workers by President Bola Tinubu. President Tinubu, who announced the approval of N70,000 minimum wage for Nigerian workers at the meeting held with leaders of TUC and NLC yesterday in Abuja, promised to review the law every three years and also find ways to assist the private sector and the sub-nationals to pay the minimum wage. The meeting held with the Labour leaders was the second…
Read MoreNew Minimum Wage: NLC threatens one-month nationwide shutdown
President of Nigeria Labour Congress (NLC), Comrade Joe Ajaero, has warned against the National Assembly members’ recent decision to remove wage from the Exclusive to Concurrent list in the Constitution. Ajaero gave the warning while addressing participants at the opening ceremony of the 2024 Annual Rain School’ of the NLC, which was held on Monday in Uyo, Akwa-Ibom State capital. He also warned that if National Assembly members came up with such a law to allow each State governor to determine the minimum wage, he would mobilise Organised Labour to…
Read MoreNLC, TUC insist on N250,000 new minimum wage
…To meet Tinubu next week The meeting between President Bola Tinubu and the Organised Labour yesterday over the new minimum wage was adjourned to next week, after about one-hour discussions at the Presidential Villa, Abuja. The leadership of the Organised Labour led by the President of the Nigeria Labour Congress, (NLC), Comrade Joe Ajaero, and the President of the Trade Union Congress, (TUC), Comrade Festus Osifo, arrived at the State House about 2 pm, and went straight to the President’s office. Recall that the Tripartite Committee on the New National…
Read MoreSouthern Govs. plan 90,000MW power; want States to negotiate new minimum wage
The Southern Governors’ Forum, the umbrella body for 17 governors from the three geo-political zones of South-West, South-East and South-South, has planned generating 90,000 MW of electricity to cater for the power needs of 90 million residents of the region The Forum said it is embarking on this project using the rule of thumb of 1,000 MW per 1 million population to arrive at its 90,000MW target. The member States have therefore been encouraged to take advantage of the recent Constitutional amendment that now allows states to regulate, generate, transmit…
Read More’Any amount above N62,000 as minimum wage will create job losses’ – NECA
The Nigeria Employers Consultative Association, (NECA) says any amount above N62,000 approved as a minimum will create job losses. Its Director-General, Adewale-Smatt Oyerinde, said this while speaking with journalists on Tuesday. in Abuja, on the sidelines of the third edition of the Nigeria’ Employers Summit, with the theme, “Economic Renaissance: Harnessing Government Reforms and Private Sector Agility”. Oyerinde said that the organised private sector cannot afford above the N62,000 as agreed during the tripartite committee negotiation meetings. According to him, any figure above N62,000 will create two different dynamics –…
Read More‘Minimum wage Bill must uphold workers’ right to living wage’ – SERAP to Tinubu
President Bola Ahmed Tinubu has been called upon to ensure that his government’s proposed Bill on a new minimum wage for Nigerian workers is entirely consistent and compatible with Nigeria’s international obligations to promote and advance the right of workers to an adequate living wage. The call was made by rights group, Socio-Economic Rights and Accountability Project, (SERAP), through a statement issued by its Deputy Director, Kolawole Oluwadare. Recall that President Tinubu had in his Democracy Day Speech on June 12 stated, “We shall soon send an Executive Bill to…
Read MoreMinimum wage: FG warns of mass sacking, as Labour disowns agreement
The Federal Government admonished Organised Labour to consider the broader economic implications of its push for an unrealistic higher national minimum wage. The Minister of Information and National Orientation, Mohammed Idris, who handed down the admonition, hinted that the N250,000 minimum wage demanded by Labour could undermine the economy, lead to mass retrenchment of workers and jeopardise the welfare of Nigerians. However, the labour unions refuted President Bola Tinubu’s claims during his Democracy Day broadcast on Wednesday that an agreement had been reached on the new national minimum wage. Acting…
Read MoreMinimum Wage: “We’ll pay what we can, not what Labour demands” – Tinubu
President Bola Tinubu says the Federal Government will not create problems for itself by trying to pay unrealistic and unsustainable minimum wage. Speaking on Wednesday night at the State House, Abuja, during a meeting with some governors and members of the National Assembly, Tinubu said the Federal Government will pay a minimum wage it can afford. Recall that PresidentTinubu, in a nationwide broadcast on the occasion of the nation’s 25th Democracy Day anniversary earlier on Wednesday, had disclosed that the Federal Government has negotiated with Organised Labour “in good faith…
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