The Federal Government is set to spend N3 trillion on the new minimum wage and the payment of pensions and gratuities, according to Saturday PUNCH. 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 general principles of the newly …

The President of the Nigeria Labour Congress, Joe Ajaero on Thursday gave reasons why the Organised Labour accepted the proposal of N70,000 minimum wage from the President, Bola Tinubu. Ajaero, who spoke to State House reporters after the meeting with the President, said the unions agreed to the offer because of other incentives attached. He said another reason for accepting …

The Ekiti State Governor, Mr Biodun Oyebanji, on Wednesday, said governors, under the aegis of the Nigeria Governors’ Forum (NGF), are not against approval of a living wage for Nigerian workers. Oyebanji said the NGF was only clamouring for fiscal federalism that would culminate in the ability and capability of individual states to pay. Organised labour is battling the Federal …

Nigeria Labour Congress (NLC), has rejected the suggestion by governors that they should be allowed to determine the wages of their workers, saying it is not only dictatorial but against the concept of the minimum wage. In a communique on Thursday at the end of their meeting held in Abeokuta, Ogun state capital, the Southern Governors Forum advocated that each …

The Federal Executive Council (FEC) has stepped down from consideration and deliberation on the memo on the new minimum wage to allow President Bola Tinubu engage in more consultation with stakeholders, according to the Minister of Information and National Orientation, Alhaji Mohammed Idris. While briefing State House correspondents on the outcome of the council meeting at the State House, Abuja …

Organised Labour has pleaded with President Bola Tinubu to prove his love for Nigerian workers and approve its demand of N250,000 minimum wage to reflect the present inflationary trend in the country. Speaking to Vanguard, a member of the organised labour negotiating team in the Tripartite Committee of the New National Minimum Wage and President-General of the Maritime Workers Union …

The Organised Labour has urged President Bola Tinubu to consider consulting and reaching an agreement with its leadership before transmitting the proposed bill on the new minimum wage to the National Assembly. This was as the union admitted that their much-anticipated meeting of the National Executive Committee, which will accommodate about 300 Labour leaders, is being stalled by President Tinubu’s …

The Minister of Information and National Orientation, Alhaji Mohammed Idris, on Wednesday, reiterated the Federal Government’s commitment to reviewing and agreeing to a realistic and sustainable minimum wage for Nigerian workers. He also urged organised labour to propose or agree to a realistic minimum wage that would not lead to massive job losses across the country. At the opening of …

Organised labour has rejected President Bola Tinubu’s claims that an agreement has been reached on new national minimum wages. In his nationwide broadcast to make Democracy Day earlier on Wednesday, the President had said that a consensus had been reached on the long-debated new minimum wage between the Federal Government and organised labour. He explained that an executive bill would …

Organised Labour on Saturday tackled the state governors, accusing them of acting in bad faith towards the new minimum wage negotiations ongoing in the country. Earlier, the governors under the aegis of the Nigeria Governors Forum (NGF) rejected the proposed N60,000 minimum wage for Nigerian workers. In a statement on Friday by the Director of Media and Public Affairs for …