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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

World News

China Warns US Against Aiding Taiwan’s Independence, Calls It ‘Playing With Fire’

China has condemned the United States ongoing military support to Taiwan, saying such actions are akin to “playing with fire” and could ultimately “get the United States burned.” The warning comes a day after the US announced a $571.3 million military assistance

December 22, 2024

News

Chukwuma Condoles With Families Affected By Okija Stampede

Sir Paul Chukwuma, a frontline APC aspirant for the 2025 gubernatorial election in Anambra State has condoled with families who lost their relatives in the stampede that occurred during the distribution of Christmas gifts in Okija on Saturday. While expressing shock at

December 22, 2024

Buhari Seeks Senate Approval To Pay N226bn, $556m, £98m Judgment Debt

News

Buhari Mourns Loss Of Lives In Stampedes, Extends Christmas/New Year Greetings

Former President Muhammadu Buhari expressed his grief and extended condolences to President Bola Ahmed Tinubu over the tragic stampedes in Oyo State, the Federal Capital Territory (FCT) and Anambra State, which led to the loss of several lives. In a message on

December 22, 2024

2025 Budget: Cut N9.4bn Presidency Meals, Travels budget, N344.85bn For Lawmakers- SERAP Tells Akpabio, Abbas

News·Politics

2025 Budget: Cut N9.4bn Presidency Meals, Travels, N344.85bn For Lawmakers- SERAP Tells Akpabio, Abbas

The Socio-Economic Rights and Accountability Project (SERAP) has called on the National Assembly to reduce what it describes as extravagant allocations in the 2025 budget. SERAP specifically highlighted the proposed N9.4 billion for presidency meals and travels and N344.85 billion for lawmakers.

December 22, 2024

2025 Budget: Mixed Reactions As Enugu State Proposes N10 Billion For CCTV Security Systems At Bus Stops

News·Politics

Reactions Trail Enugu State’s N10B Proposal For CCTV Security System In 2025 Budget

The Enugu State Government has allocated N10 billion in its proposed 2025 budget for the installation of high-tech CCTV security cameras at bus stops, key junctions, and major highways across the state. This initiative aims to bolster security and make the state

December 22, 2024

Canada Move To Shutdown TikTok Business Operations

News·Technology·Top Stories·World News

Albania Plans One-Year TikTok Ban After Tragic Schoolboy Death

Albania’s Prime Minister, Edi Rama, announced a year-long ban on TikTok starting in January 2025, following the killing of a 14-year-old boy in Tirana. The tragic incident, reportedly linked to a confrontation that began on social media, has sparked national debates about

December 22, 2024

Interesting Things To Know Ahead Rebased Inflation Figures

Business News·News

Why Nigeria’s Inflation May Drop To 34.5% – Report

Nigeria’s inflation rate could decline to 34.5% by December 2024, according to a new report from Afrinvest Research. This projection indicates a slight drop of 0.1 percentage points from November’s inflation rate of 34.6%, as reported by the National Bureau of Statistics

December 22, 2024

News·Top Stories·World News

Facts About Dr. Mehmet Oz, Trump’s Pick For Medicare-and-Medicaid Administrator

Dr. Mehmet Oz, widely known for his TV show and health advice, is Donald Trump’s nominee to lead the Centers for Medicare and Medicaid Services (CMS). The decision has sparked debate, given Oz’s unconventional path to this role. With a background in

December 22, 2024

News

How Hunger Stampede In 3 Nigerian Cities Claimed 70 Lives In 48 Hours

Nearly 70 lives have been lost within 48 hours in three Nigerian cities due to tragic stampedes that occurred at event centres where they had gone to receive food and other palliatives for Christmas celebration. It first happened in Ibadan, Oyo State,

December 22, 2024

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 1st July 2025

Business News·Currency·Markets·News

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 22nd December 2024

What is the Dollar to Naira Exchange rate at the black market, like the Aboki Fx? The exchange rate for the US dollar (USD) to Nigerian Naira (NGN) in the parallel market also known as black market, especially the Aboki Fx as

December 22, 2024

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News - Page 488

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

China Warns US Against Aiding Taiwan’s Independence, Calls It ‘Playing With Fire’

Chukwuma Condoles With Families Affected By Okija Stampede

Buhari Mourns Loss Of Lives In Stampedes, Extends Christmas/New Year Greetings

2025 Budget: Cut N9.4bn Presidency Meals, Travels, N344.85bn For Lawmakers- SERAP Tells Akpabio, Abbas

Reactions Trail Enugu State’s N10B Proposal For CCTV Security System In 2025 Budget

Albania Plans One-Year TikTok Ban After Tragic Schoolboy Death

Why Nigeria’s Inflation May Drop To 34.5% – Report

Facts About Dr. Mehmet Oz, Trump’s Pick For Medicare-and-Medicaid Administrator

How Hunger Stampede In 3 Nigerian Cities Claimed 70 Lives In 48 Hours

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 22nd December 2024

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

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