News as it breaks
The Federal Government is set to spend N3tn on the new minimum wage and the payment of pensions and gratuities. The Minister of Budget and Economic Planning, Atiku Bagudu, disclosed this on Friday during a meeting with the Senate Committee on Appropriations, chaired by Olamilekan Adeola. The minister presented the…
President Bola Tinubu has approved a new minimum wage of N70,000 for Nigerian workers and pledged to review the national minimum wage law every three years. This is coming after the leadership of the Nigeria Labour Congress and the Trade Union Congress met with the President at the Presidential Villa,…
President Bola Tinubu is scheduled to meet with the leadership of the organised labour today to try to finalise the lingering matters around the National Minimum Wage. He personally met with them last week after the tripartite committee he set up to negotiate with the Labour failed to convince them…
There are indications that the organized Labour may end its strike over the new minimum wage as it reached an agreement with the Federal Government on Monday. After a six-hour meeting in Abuja, the Federal Government expressed the commitment of President Bola Tinubu to raising the N60,000 offered as the…
The Federal Government has pleaded with Organised Labour to reconsider its decision to embark on an indefinite strike from Monday, June 3, 2024, in protest against the government’s refusal to raise the proposed minimum wage from N60,000. The interest of the masses should be the top priority of Organised Labour,…
While the conversations for a new minimum wage for workers in Nigeria rages on, the Nigeria Governors’ Forum says it is yet to conclude work on what the states can sustainably pay. A statement issued by the Chairman of the Forum, Governor Abdulrahman Abdulrazag, noted that as members of the…
