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Home Tag Archives: minimum wage (page 6)

Tag Archives: minimum wage

News

Minimum wage: Govt team recommends N62,000, labour wants N250,000 as negotiations end

By Breezynews
7 June 2024
in :  News
1
388

Following several hours of meeting on Friday, 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. However, the organised labour is proposing a 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 …

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Azu Ishiekwene
Opinion

Why minimum wage is a bad idea

By Azu Ishiekwene
6 June 2024
in :  Opinion
0
91

I’m opposed to minimum wage. And I know I’m saying this at the risk of losing readers. The minimum wage hurts the poor and vulnerable in whose name and interest Labour claims to strike. Sounds foolish, right? How can more naira in the pocket of the Nigerian worker currently on a minimum wage of N30,000 be bad? In a country …

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News

Labour considers N100,000 minimum wage, as Tinubu issues ultimatum

By Breezynews
5 June 2024
in :  News
0
326

Organised labour may settle for N100,000 minimum wage as the Tripartite Committee on National Minimum Wage commences daily meetings for five days to reach a consensus. Multiple sources in the labour movement told The PUNCH on Tuesday that the union leaders were willing to review their demand from N494,000 to N100,000, following the criticism and controversy that trailed their proposal …

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News

FG, labour sign N60,000+ minimum wage agreement, strike end imminent

By Breezynews
4 June 2024
in :  News
0
769

The Federal Government and organised labour have agreed on the fixing of a new minimum wage that is above N60,000. The agreement was reached at the end of a meeting held on Monday between leaders of the Nigeria Labour Congress (NLC), the Trade Union Congress (TUC), and representatives of the Federal Government. The Federal Government called by the meeting after …

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News

Labour commences indefinite strike on Monday over minimum wage, electricity tariff hike

By Breezynews
31 May 2024
in :  News
0
208

The Nigeria Labour Congress (NLC) and Trade Union Congress (TUC) have declared a nationwide strike beginning from Monday, 3 June over the tripartite committee’s inability to agree on a new minimum wage and hike in electricity tariff. At a joint news conference with in Abuja on Friday, the labour leaders said that the decision follows the expiration of an earlier …

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News

Minimum wage: FG, Labour resume talks Friday

By Breezynews
30 May 2024
in :  News
0
128

The Federal Government has again extended an invitation to organised Labour for the continuation of minimum wage negotiations, a source familiar with the matter told The PUNCH in Abuja on Wednesday. The source noted that Labour would honour the invitation. “A letter has been addressed to Labour by the committee chairman and signed by the NSIWC chairman. The meeting is …

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NLC

Minimum wage: Be considerate, Labour minister appeals to NLC, TUC

By Breezynews
29 May 2024
in :  NLC
0
116

The Minister of State for Labour and Employment, Hon. Nkeiruka Onyejeocha has appealed to organised labour to be considerate and patriotic in their demands in the ongoing negotiation for a new national minimum wage. In a statement on Wednesday in Abuja by the ministry’s Director of Press and Public Relations, Mr. Olajide Oshundun, the minister said that the Federal Government …

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News

N70,000 minimum wage: Edo workers celebrate implementation

By Breezynews
27 May 2024
in :  News
0
393

The Edo State government has commenced the payment of N70,000 minimum wage to workers in the state. The Chairman of Nigeria Labour Congress (NLC), Edo State Chapter, Odion Olaye, confirmed the payment of the new salary and commended the state government for fulfilling his promise to the workers. He said Governor Godwin Obaseki had demonstrated his commitment to the welfare …

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News

Labour reduces minimum wage demand to N497k, FG laments funds shortage

By Breezynews
23 May 2024
in :  News
0
79

The tripartite committee on new minimum wage has adjourned till next Tuesday, 28 May to continue deliberation after Wednesday’s meeting in Abuja ended in a deadlock again. The Federal Government, the organised private sector and the organised labour failed to reach a consensus on the new minimum wage at the Wednesday meeting. Sources at the meeting told The PUNCH that …

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News

Labour insists on N615,000 minimum wage

By Breezynews
19 May 2024
in :  News
0
69

Organised Labour, comprising the Nigeria Labour Congress (NLC) and Trade Union Congress (TUC), has said it will not accept the N48,000 minimum wage offer proposed by the Federal Government. The organised private sector had proposed an initial offer of N54,000 as a monthly living wage. The unions had on Wednesday dumped the minimum wage negotiation after the Federal Government offered …

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