By Jemimah Wellington, JKNewsMedia Reporter THE CONTINUED rising cost of living in Nigeria has prompted the Organised Labour to push for an annual review of the ₦70,000 minimum wage to reflect inflation. Labour unions argue that workers’ earnings should align with economic realities rather than waiting years for adjustments. Festus Osif...
By Jemimah Wellington, JKNewsMedia Reporter LAGOS STATE Government has announced an increase in the minimum wage for workers to ₦85,000, aiming to further raise it to ₦100,000 by January 2025. Governor Babajide Sanwo-Olu made this announcement during a live television interview on Wednesday, October 16, 2024. The decision comes as part of ongo...
By Jemimah Wellington, JKNewsMedia Reporter THE NATIONAL Youth Service Corps (NYSC) has dismissed recent social media claims that it will increase corps members’ allowances to ₦70,000. Rather, the NYSC clarified that there has been no official directive or plan to adjust corps members’ stipends in line with the new minimum wage. Ac...
By Jemimah Wellington, JKNMedia Reporter THE NIGERIAN Senate has passed the new minimum wage bill, raising the national minimum wage from N30,000 to N70,000. The bill, introduced at the request of President Bola Tinubu, completed all three readings in just one hour on Tuesday. Senate Majority Leader Opeyemi Bamidele led the debate. He stated t...
By Joke Kujenya THE FEDERAL Government has approved a new minimum wage of ₦70,000 for Nigerian workers. This decision came after a meeting between President Bola Tinubu and leaders of the Nigeria Labour Congress (NLC) and the Trade Union Congress (TUC) in Abuja on Thursday. Minister of Information Mohammed Idris announced the agreement, statin...
By Joke Kujenya PRESIDENT BOLA Tinubu has emphasized the need for improved welfare and wages for Nigerian workers. He met with the leaders of the Nigeria Labour Congress (NLC) and the Trade Union Congress (TUC) in Abuja. Tinubu expressed concern for workers’ well-being and said his administration prioritizes their concerns. “I pay ...
By Bola BOLAWOLE LAST WEEK, I published here the first part of “One year later, what value has Tinubu added to our lives?” with a promise to publish part two here today. In the midst of that came a critical dimension to the lingering strike by Labour. With Labour still flexing muscles and the Government […]
By Victor Itodo Abuh THE ONGOING debate about raising the minimum wage in Nigeria stirs strong emotions and opinions. On one side, there are compelling arguments for increasing the minimum wage to improve the living standards of workers. On the other, there are legitimate concerns about the potential economic fallout. Understanding both the da...
By Joke Kujenya THE 37-MEMBER Tripartite Committee on National Minimum Wage submitted its comprehensive report to the Secretary to the Government of the Federation, George Akume, on Monday. Established on January 30, 2024, by President Bola Tinubu under the provisions of the Minimum Wage Act of 2019, the committee marks a critical step towards...
By Joke Kujenya LABOUR UNIONS in Nigeria, embodied by the Nigerian Labour Congress (NLC) and the Trade Union Congress (TUC), have firmly rejected the government’s proposed minimum wage of N62,000, branding it a “starvation wage.” Chris Onyeka, Assistant General Secretary of the NLC, reiterated the unions’ demand for a N...