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TUC

Minimum Wage: Tinubu’s Meeting With Labour Leaders Ends With No Deal

Thursday’s meeting between President Bola Tinubu and leadership of organised labour over the lingering new minimum wage controversy has ended with no deal yet. Prime Business Africa had reported that Tinubu was meeting with presidents of the Nigeria Labour Congress (NLC) and

July 11, 2024

Business·News

Minimum Wage: We Won’t Go Back On N250,000 Demand- TUC Insists

Labour Leaders Stand Firm on Minimum Wage The Organized Labour still insists that the N250,000 benchmark remains the ideal minimum wage for workers in Nigeria, according to the President of the Trade Union Congress, Festus Osifo. Speaking on Tuesday, Osifo reiterated this

July 10, 2024

STRIKE: Labour Leaders Should Be Arrested Now For Treasonable Felony, Economic Sabotage - Satguru Maharaj Ji Tells Nigerian Govt

Politics

STRIKE: Labour Leaders Should Be Arrested For Treasonable Felony, Economic Sabotage – Satguru Maharaj Ji

Satguru Maharaj Ji, the Living Perfect Master and founder of One Love Family, has condemned the planned strike by Labour leaders, labelling it as “economic sabotage” and blackmail against the government. He called for the immediate arrest of union leaders to prevent

June 13, 2024

Minimum Wage: A Call For A Living Wage, Not Just A New Wage

Business·News

Minimum Wage: A Call For Living Wage, Not Just New Wage

The nationwide industrial action, conducted last week in Nigeria, brings back memories of the last minimum wage increment. History offers us a clear lesson, while intended to ease the financial burden on the working class, the aftermath of these increment raises questions

June 11, 2024

Business·News

Minimum Wage: Labour To Reject N100,000 Proposal By Nigerian Govt As Negotiations Continues On Tuesday

Organised labour in Nigeria has firmly rejected the federal government’s proposal for a new minimum wage of ₦62,000 or ₦100,000, describing it as insufficient for the average worker. Chris Onyeka, Assistant General Secretary of the Nigeria Labour Congress (NLC), made the union’s

June 10, 2024

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.

Business·News·Politics

Minimum Wage: Negotiations To End Today As Labour Awaits Tinubu’s Approval

The ongoing negotiations over Nigeria’s new minimum wage between the Federal Government and Organised Labour are set to conclude today. This comes as the Nigeria Labour Congress (NLC) and the Trade Union Congress (TUC), await President Bola Tinubu’s decision on their proposed

June 10, 2024

Labour Begins Indefinite Strike Monday Over Minimum Wage, Electricity Tariff Hike

Business·News·Politics

Minimum Wage: Labour Leaders Demand Resignation of Governors If They Can’t Pay

In a heated exchange on Saturday, Organised Labour has accused state governors of acting in bad faith regarding the ongoing minimum wage negotiations. The Nigeria Governors Forum (NGF) had recently rejected the proposed N60,000 minimum wage for Nigerian workers, claiming it was

June 9, 2024

Labour Rejects Nigerian Govt’s N Minimum Wage Demand N

Labour·News

Labour Rejects Nigerian Govt’s N62,000 Minimum Wage, Demand N250,000

Organised labour has rejected N62,000 offered by the Nigerian government and Organise Private Sector as minimum wage and instead, proposed N250,000.

June 8, 2024

TUC Warns of Nationwide Strike Over New ATM Withdrawal Fee

Business·News·Politics

Minimum Wage: Labour Union’s N494k Demand Is Not Fixed, Says TUC President

Festus Osifo, President of the Trade Union Congress (TUC), clarified on Tuesday that the N494,000 minimum wage demand is not fixed, emphasizing that organized labor approached negotiations with an ideal scenario in mind. Speaking in an interview on Channels Television on Tuesday,

June 5, 2024

Labour·News

Tinubu’s Govt Agrees To Pay Minimum Wage Of Over N60,000

President Bola Tinubu-led Federal Government has agreed to pay an amount higher than N60,000 as minimum wage to Nigerian workers.

June 4, 2024

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TUC

Minimum Wage: Tinubu’s Meeting With Labour Leaders Ends With No Deal

Minimum Wage: We Won’t Go Back On N250,000 Demand- TUC Insists

STRIKE: Labour Leaders Should Be Arrested For Treasonable Felony, Economic Sabotage – Satguru Maharaj Ji

Minimum Wage: A Call For Living Wage, Not Just New Wage

Minimum Wage: Labour To Reject N100,000 Proposal By Nigerian Govt As Negotiations Continues On Tuesday

Minimum Wage: Negotiations To End Today As Labour Awaits Tinubu’s Approval

Minimum Wage: Labour Leaders Demand Resignation of Governors If They Can’t Pay

Labour Rejects Nigerian Govt’s N62,000 Minimum Wage, Demand N250,000

Minimum Wage: Labour Union’s N494k Demand Is Not Fixed, Says TUC President

Tinubu’s Govt Agrees To Pay Minimum Wage Of Over N60,000

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