The Osun Masterminds (TOM), a coalition of civil society organizations, has criticized the delay in implementing the new national minimum wage in Osun State, warning that it is damaging the morale and well-being of civil servants. Speaking during the October edition of the State of the State address in Osogbo, the group’s Executive Director, Professor […]
Tag: Minimum Wage
MPB Explains Why New Minimum Wage Payments for Pensioners Delayed
Amid growing concerns from retired military veterans regarding the delay in implementing new pension rates, the Military Pensions Board (MPB) has clarified that the delay is due to pending fund releases, not the ongoing electronic verification process. In a statement on Monday, the Board’s Chairman addressed the veterans, urging them to disregard rumors linking the […]
Nine States Cut Wage Bills Despite Higher Allocations
Despite a surge in revenue from the Federation Account Allocation Committee (FAAC), at least nine states in Nigeria reduced their wage bills during the first half of 2024, according to findings by Saturday Punch. Following the removal of the fuel subsidy in May 2023, revenues to federal, state, and local governments have significantly increased. While […]
Revive ₦250,000 Minimum Wage Demand, Pensioners Urge Labour
Pensioners in the South West have rejected the ₦70,000 minimum wage recently signed into law by President Bola Tinubu, citing the surge in fuel prices as a critical factor undermining its adequacy. The pensioners, under the Nigeria Union of Pensioners (NUP) Southwest Zone, issued a communiqué at the end of their zonal meeting in Ado […]
₦200,000 Minimum Wage Approved for Shipping Agencies Workers
Shipping agencies under the Shipping Agencies, Clearing, and Forwarding Employers Association (SACFEA) have approved a new minimum wage of ₦200,000 for their employees, marking a significant milestone in labor relations within the maritime industry. The agreement was formalized during a signing ceremony in Lagos on Saturday, organized by the Nigerian Shippers’ Council (NSC) and supported […]
BREAKING: FG Pays Minimum Wage Arrears for NiMET Staff
The Federal Government has paid off the outstanding minimum wage arrears owed to the staff of the Nigerian Meteorological Agency (NiMET). The arrears, covering a period of three years and nine months, had been a source of tension between NiMET’s management, employees, and labor unions since 2019. NiMET’s Director General, Professor Charles Anosike, expressed his […]
Minimum Wage: NWG Advocates for Shorter Working Hours for Civil Servants
The Nigerian Workers Group (NWG) has called for a reduction in working hours for civil servants across the country. Kayode Ehindero, the group’s president, made this appeal in Ilorin on Monday, emphasizing that the new minimum wage should cover a maximum of four hours of productive work instead of the current eight hours. Ehindero argued […]
Senate, NCWS Push for Domestic Workers’ Inclusion in Minimum Wage Scheme
The Senate and the National Council for Women Society (NCWS) are advocating for the inclusion of domestic servants in the proposed ₦70,000 National Minimum Wage Scheme. The call for inclusion came during a public hearing on a bill aimed at providing for the domestication and registration of domestic workers and employers in Nigeria. The hearing, […]
Minimum Wage: Joint Unions Plan to Shut Down Any State That Fails to Pay – Labour
Mr. Christopher Arapasopo, Chairman of the Nigeria Labour Congress (NLC), Osun Chapter, announced that joint labour unions have agreed to enforce the new ₦70,000 minimum wage across all states. Any state that fails to comply will face a shutdown. In an interview with the News Agency of Nigeria (NAN) on Saturday in Osogbo, Arapasopo stated […]
Federal Govt Allocates ₦3tn for Minimum Wage, Pensions, Gratuities
The Federal Government plans to allocate ₦3 trillion for the new minimum wage and the payment of pensions and gratuities. This announcement was made by the Minister of Budget and Economic Planning, Atiku Bagudu, during a meeting with the Senate Committee on Appropriations, chaired by Olamilekan Adeola, on Friday. Bagudu presented the general principles of […]