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Minimum Wage Decision Expected as Nigerian Labour Leaders Await President's Response ABUJA, NIGERIA – The discussions on the new minimum wage between the Federal Government and Organized Labour are anticipated to conclude today, with labour leaders keenly awaiting President Bola Tinubu's verdict on their N250,000 proposal. The Nigeria Labour Congress (NLC) and the Trade Union Congress (TUC) had set a Monday deadline for finalizing the new minimum wage talks. Last Friday, the Tripartite Committee on National Minimum Wage concluded its meetings where the Federal Government and the Organized Private Sector agreed on N62,000, while Labour demanded N250,000. However, the Nigeria Governors Forum declared that any minimum wage exceeding N60,000 would be unsustainable. A labour leader who spoke anonymously on Sunday stated, "We have submitted the report to the president and are waiting for him to make his decision. That is the most important thing and that is what we are all waiting for." The labour leaders, including NLC President Joe Ajaero, are currently attending a labour conference organized by the International Labour Organisation in Geneva, Switzerland. The leadership plans to hold a National Executive Council meeting upon their return, where a decision on a potential strike will be made based on the president's feedback. "We must come back from Geneva first before we can hold a NEC meeting. We are also trying to be careful so the government won't say Labour is inciting citizens against it. We are waiting for the president's decision," added another top NLC official. The labour unions, comprising the NLC and TUC, recently embarked on a two-day nationwide strike to demand a new minimum wage and the reversal of the electricity tariff hike. The strike was suspended for five days after a commitment was made with the Federal Government to resume negotiations and establish a new minimum wage within a week. Following a six-hour meeting between labour leaders and the National Assembly in Abuja, President Tinubu directed the finance minister, Wale Edun, to present the cost implications of a new minimum wage within two days. The finance minister, alongside the Minister of Budget and National Planning, Atiku Bagudu, presented the cost implications at the Presidential Villa on Thursday. The president is currently reviewing the proposal and is expected to make an official announcement soon. When asked about the Monday ultimatum, a source within the NLC said, "We have sent a report to the committee and are expecting the president to act on it. We will hold a National Executive Council meeting regarding the ultimatum when we return from Geneva. It is very important for us to be there, but right now, we are patiently waiting for the decision of Mr President." Organized Labour's recent actions underscore the urgency and importance of establishing a new minimum wage for Nigerian workers. The outcome of President Tinubu's decision will be crucial in determining the next steps for both the government and the labour unions. Related News: Atiku claims to have saved Tinubu's political career Debating the appropriate wage for workers Labour criticizes governors for minimum wage stance The labour leaders and the nation await the president's decision, which will significantly impact the economic and social landscape of Nigeria.

Nigeria Labour Congress Gives Government Two Weeks to Cut Petrol Prices, Resume Wage Talks

October 9, 2026

The Nigeria Labour Congress (NLC) has given the federal government two weeks to reduce petrol prices, begin negotiations for a new national minimum wage and implement outstanding agreements with workers, warning that

Africa·News·Oil & Gas·Top Stories

Cape Town to Host African Energy Week 2026 from October 12

October 9, 2026

More than 10,000 delegates are expected in Cape Town from October 12 to 16 for African Energy Week (AEW) 2026, where African governments, energy companies and international investors will discuss financing, partnerships

Call For Economic Relief: Has The Government Abandoned Nigerians This Yuletide?

Business News·FEATURES·News

Economic Relief: Has Government Abandoned Nigerians This Yuletide?

The Yuletide season, traditionally a time of joy and celebration, has taken on a grim tone in Nigeria. Skyrocketing prices of essential goods, coupled with stagnant wages, have made even the simplest holiday traditions out of reach for many. Food inflation is

December 27, 2024

Nigeria Debunks Allegations Of Working With France To Destabilize Niger

Africa

Nigeria Debunks Allegations Of Working With France To Destabilise Niger

Nigerian government has debunked allegations that there is a conspiracy between Nigeria and France to destabilise Niger Republic. Prime Business Africa reports that Niger’s military leader, General Abdourahamane Tchiani, had in a viral video alleged that France is sponsoring terrorist groups in

December 26, 2024

Obi Congratulates The Guardian @40, Applauds their Huge Sacrifices for Democracy.

News

At Christmas, Obi Preaches Unity, Love Among Citizens

Labour Party presidential candidate in the 2023 general election, Mr Peter Obi, has called on Nigerians to embrace peace, unity and love for one another as the country battles economic challenges. Obi made the call in his Christmas Day message to Nigerians.

December 26, 2024

News

HURIWA Accuses Tinubu Of Bias, Demands Nnamdi Kanu’s Release

Human Rights Writers Association of Nigeria (HURIWA) has accused President Bola Ahmed Tinubu of perpetuating what it called “systemic discrimination” against the Igbo people by refusing to release the detained leader of the Indigenous People of Biafra (IPOB), Mazi Nnamdi Kanu. The

December 26, 2024

News·Politics

Death For Stealing Fowl: Osun Gov Pardons Victim, 51 Others

Osun State Governor, Ademola Adeleke, has pardoned Segun Olowookere, famously known as the “death-for-fowl” convict, alongside 51 others. Olowookere’s case, which drew national attention, involved his conviction at age 17 for robbery and stealing a fowl. His sentence to death sparked widespread

December 26, 2024

JAMB Sets Date For 2025 UTME Registration, April 18-28 For Exam

News

JAMB Sets 2025 UTME Registration Date, April 18-28 For Exam

The Joint Admissions and Matriculation Board (JAMB) has officially announced the dates for the 2025 Unified Tertiary Matriculation Examination (UTME) registration and the exam. The registration will begin on January 15 and end on February 26, 2025. The exam will take place

December 26, 2024

15 Hottest K-dramas To Watch This Christmas

Entertainment·News

15 Hottest K-dramas To Watch This Season

If you’re a K-drama lover, this is a safe space; trust us, we won’t even judge. Instead, we have new and existing movie recommendations to fuel your love for K-dramas. Whether it’s the slow and steady K-drama love stories, the action-packed thrillers,

December 26, 2024

Hottest Nollywood Movies To Watch This Christmas

News

15 Hottest Nollywood Movies To Watch This Season

If you’re a movie lover, especially a Nollywood fan, we have great movie recommendations that can help you unwind perfectly alone or with family and friends this season. These are the top 15 hottest Nollywood movies that were recently released or have

December 26, 2024

News·Top Stories·World News

Facts About Kelly Loeffler, Trump’s Pick For Administrator Of The Small Business Administration

Kelly Loeffler, a prominent Republican figure and former senator from Georgia, has been named by President-elect Donald Trump as his choice to lead the Small Business Administration (SBA). Trump announced the decision on Truth Social, citing her experience in both business and

December 26, 2024

Business News·FEATURES·News

Cash Or Card: How CBN’s Cashless Policy Is Reshaping Yuletide Traditions In Nigeria

In Nigeria, Christmas has always been about vibrant markets, family gatherings, and gift exchanges. However, this year’s festive season is unfolding differently. The Central Bank of Nigeria’s (CBN) renewed cashless policy, which limits Point of Sale (PoS) transactions and cash withdrawals, is

December 26, 2024

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News - Page 483

Nigeria Labour Congress Gives Government Two Weeks to Cut Petrol Prices, Resume Wage Talks

Cape Town to Host African Energy Week 2026 from October 12

Economic Relief: Has Government Abandoned Nigerians This Yuletide?

Nigeria Debunks Allegations Of Working With France To Destabilise Niger

At Christmas, Obi Preaches Unity, Love Among Citizens

HURIWA Accuses Tinubu Of Bias, Demands Nnamdi Kanu’s Release

Death For Stealing Fowl: Osun Gov Pardons Victim, 51 Others

JAMB Sets 2025 UTME Registration Date, April 18-28 For Exam

15 Hottest K-dramas To Watch This Season

15 Hottest Nollywood Movies To Watch This Season

Facts About Kelly Loeffler, Trump’s Pick For Administrator Of The Small Business Administration

Cash Or Card: How CBN’s Cashless Policy Is Reshaping Yuletide Traditions In Nigeria

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Nigeria Labour Congress Gives Government Two Weeks to Cut Petrol Prices, Resume Wage Talks

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