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The Finance Minister and Coordinating Minister of the Economy, Wale Edun, has submitted a report on the financial implications of a new national minimum wage to President Bola Tinubu. This submission follows Tinubu’s directive for the finance minister to present the proposed minimum wage figures and cost analysis within 48 hours. Sources indicate […]
The Federal Government and Organised Labour reached significant resolutions to address the ongoing nationwide strike. The strike, initiated by Labour to press for a higher National Minimum Wage, saw the intervention of the National Assembly’s leadership yesterday. During exhaustive negotiations at the office of the Secretary to the Government of the Federation, both parties […]
Obiora Ifoh, the National Publicity Secretary of the Labour Party, emphasized in an interview with the News Agency of Nigeria on Monday in Lagos State that striking would only increase the hardship already faced by Nigerians. Ifoh stated, “Organised labour should not throw Nigerians into more hardship. The demand for a N494,000 minimum wage […]
Organised Labour has shut down the national grid, plunging the country into darkness. The Transmission Company of Nigeria (TCN) confirmed this development in a statement released early Monday. The grid shutdown comes in the wake of a strike declared by the Nigeria Labour Congress (NLC) and Trade Union Congress (TUC) due to their ongoing […]
Its General Secretary, Afolabi Olawale, stated on Saturday that the union is committed to ensuring full compliance with the directive. The Nigeria Labour Congress (NLC) and Trade Union Congress of Nigeria (TUC) have announced an indefinite nationwide strike starting Monday to protest the proposed new minimum wage. In a joint statement, NLC President […]
On Wednesday, the Nigeria Labour Congress and Trade Union Congress walked away from minimum wage discussions after the Federal Government proposed N48,000, far below the unions’ demand of N615,000 as the new national minimum wage. After abandoning the talks, the irate labour leaders held an emergency press conference, calling the offer an “insult to the […]
Ogun State Governor Prince Dapo Abiodun has stated that his government will work toward deciding on a new minimum wage. The governor mentioned that a meeting with labour representatives in the state would take place to ensure the decision benefits both the government and the workers. During the 2024 Labour Day celebration themed “People First,” […]
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