Just another News Updates
The Manufacturers Association of Nigeria (MAN) has called on the Federal Government to support the Organized Private Sector in implementing the newly announced minimum wage. This follows President Bola Tinubu’s approval of a ₦70,000 minimum wage for Nigerian workers. MAN’s Director General, Segun Ajayi-Kadir, urged the government to assist the private sector in meeting the […]
Following President Bola Ahmed Tinubu’s approval of ₦70,000 as the national minimum wage, economists and political analysts have expressed their disappointment. According to the News Agency of Nigeria (NAN), experts who spoke separately on Friday in Ebonyi State described the amount as inadequate given the current economic realities in the country. Collins Anike, an economist, […]
The Nigerian government plans to impose a 50% tax on the profits banks earned from foreign exchange revaluation in 2023. This initiative aims to generate funds to support an increase in the minimum wage for workers. The announcement was made by Imran Muhammed, a member of the All Progressives Congress, on Wednesday. President Bola Tinubu […]
The Peoples Democratic Party (PDP) Governors’ Forum has announced its full support for the new minimum wage agreed upon by the Nigeria Labour Congress (NLC). This declaration comes amid ongoing discussions and negotiations concerning the financial wellbeing of workers in the country. Initially, the labour unions demanded a minimum wage of ₦250,000, a significant increase […]
President Bola Tinubu has approved a new minimum wage of ₦70,000 for Nigerian workers, pending approval from the National Assembly. This proposed increase will replace the current ₦30,000 minimum wage, which expired on April 18, 2024. Bayo Onanuga announced the news via his official X handle, @aonanuga, at exactly 3:31 PM, stating, “Breaking: President Bola […]
As the nation anticipates a new National Minimum Wage, the Nigeria Labour Congress (NLC) has threatened a one-month nationwide shutdown in response to the National Assembly’s plans to deregulate the Minimum Wage. NLC President Joe Ajaero, speaking at the 67th Annual General Meeting (AGM) in Lagos, emphasized that the minimum wage is a national issue. […]
The Federal Government has stated that organized labour is responsible for ensuring state governments comply with minimum wage payments, especially given some states’ failure to do so. Senator George Akume, Secretary to the Government of the Federation (SGF), conveyed this message on Thursday in Abuja at the conclusion of a two-day pre-retirement summit organized by […]
President Bola Tinubu met with leaders of the Nigeria Labour Congress (NLC) and the Trade Union Congress (TUC) in Abuja on Thursday to continue discussions on establishing a new minimum wage for Nigerian workers. The meeting took place at the Aso Villa in the nation’s capital. A top labour source informed the media that the […]
The Organised Labour remains steadfast in its demand for a ₦250,000 minimum wage for workers in Nigeria, according to Festus Osifo, the President of the Trade Union Congress (TUC). On Tuesday, Osifo announced that the TUC and the Nigeria Labour Congress (NLC) are actively negotiating with Federal Government officials to reach an agreement on the […]
The Fair Work Commission (FWC) has announced a 3.75% increase in Australia’s minimum and award wages. This adjustment will raise the national minimum wage to $24.10 per hour, equating to $915.91 per week for a full-time, 38-hour working week. This increase translates to an additional $33 per week for those earning the minimum wage, impacting […]