Tag: minimum wage
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Pyrrhic victory of any rise in Minimum Wage, By Henry Boyo
By Henry Boyo President Mohammed Buhari, on Monday 27th November 2017, inaugurated a 30 member tripartite National Minimum Wage Committee, to negotiate a new minimum wage. The Committee comprises six serving State Governors and other members from both the public and private sectors, as well as leaders of organized labour. The President conceded, at the…
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Oppressive minimum wage and the futility of an increase, By Henry Boyo
It would be heartless to ignore organised Labour’s demand for upward review of the N18,000/month minimum wage, which was established in 2011, when this income was well over $100 i.e. above $3/day and well above the international poverty bench mark of less than $2/day. Regrettably, as Naira crashed from N155 to the current N360=$1, the…
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Labour demands N56,000, rejects N30,000 minimum wage offered by lawmakers
The Organised labour has rejected a plan by the House of Representatives, seeking the upward review of the minimum wage for Nigerian workers to N30,000. President of the Trade Union Congress (TUC), Bobboi Kaigama, on Saturday said the organised labour is demanding N56,000. “The procedure is for the tripartite body to sit down and agree…
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FG foot-dragging implementation of new minimum wage – NLC
The Vice-President of the Nigeria Labour Congress (NLC), Mr Solomon Adelegan, announced on Wednesday that the Federal Government was foot-dragging on negotiating a new minimum wage for workers. Adelegan, who made the disclosure in an interview with the News Agency of Nigeria (NAN) in Lagos, said that negotiating a new wage for workers was long…
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We may adopt selective minimum wage increase – Osinbajo
Vice President Yemi Osinbajo says the Federal Government may consider increasing workers’ remuneration package, especially bonuses of certain government agencies, instead of increasing wages across board. According to a transcript made available to journalists in Abuja on Tuesday by his Senior Special Assistant on Media and Publicity, Mr. Laolu Akande, the Vice-President spoke during a…
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N56,000 Minimum Wage: Osinbajo inaugurates 29-member committee
The Federal Executive Council (FEC) has approved the setting up of a 29-member National Minimum Wage Committee to negotiate and arrive at a new minimum wage in the country. The meeting was presided over by acting President Yemi Osinbajo. The Minister of Labour and Employment, Dr Chris Ngige said this when he briefed State House…
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Minimum wage, Kanu’s release, Ooni’s humiliation dominate Google search
Nigerians searched frantically on Google last week for a new minimum wage, envisaged to be announced by the Federal Government on Workers’ Day. According to the Spokesman of Google, Mr Taiwo Kola-Ogunlade, hundreds of Nigerians took to Google to get information on a long-envisaged new minimum wage. Kola-Ogunlade, who is Google’s Communications and Public Affairs…
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May Day: Workers disrupt celebrations over non implementation of new minimum wage
Sequel to their constant demand for a new minimum wage and the subsequent refusal of the Federal Government to yield to their demands, aggrieved Nigerian workers on Monday in their thousands disrupted the 2017 May Day celebrations at the Eagles Square, Abuja over the non-implementation. The workers insisted that the Federal Government had a responsibility…
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May Day: You can’t win anti-corruption war with N18,000 minimum wage, Ekweremadu tells Buhari
The Deputy President of the Senate, Ike Ekweremadu, has said the anti-corruption war embarked upon by the President Muhammadu Buhari led administration would only have a meaningful impact if the minimum wage is reviewed from N18,000 to N50,000. Ekweremadu stated this in his goodwill message to workers on May Day. He said the current N18,000…
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We are running out of patience, implement new minimum wage now – TUC tells FG
The Trade Union Congress (TUC) has told the Federal Government to implement the proposed minimum wage as the present economic realities does no longer favour the present wage. TheNewsGuru.com reports that Nigeria’s current minimum wage is N18,000. The organised labour is however asking for review of the wage to at least N50,000. Mr Ahmed Olayinka,…