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INFLATION! Labour demands increase in Minimum wage

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The Organised Labour says it is pushing for an annual increase to the ₦70,000 minimum wage paid to workers in Nigeria.

Labour said it is important that the minimum wage paid to workers reflect a rise in inflation every year.

“What we are pushing on for Labour is that instead of you (the government) waiting for five years to increase the minimum wage, you will now look at the inflation of the last five years and try to make some adjustments, why can’t we reflect the inflation on an annual basis?” TUC boss Festus Osifo said on Channels Television’s Politics Today on January 1, 2025.

The president of the Trade Union Congress (TUC) said members of the organisation as well as their colleagues in the Nigeria Labour Congress (NLC) have begun talks in this regard.

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“For example, we have entered January 2025, by the 15th of January 2025, the National Bureau of Statistics is going to release the inflation figure for December,” he explained.

“So, what we are pushing for as Labour is that, if for example, the inflation figure is 35%, apply that 35% to the ₦70,000 minimum wage so that it will become reflective of what the true value is.

“When we get to 2026, you will also do similar application. That is actually what we are pushing. We shouldn’t be waiting for five years.

“In the new Act now is three years to do those adjustments but we could be doing them systemically by applying the inflation as of December of the preceding year to what the minimum wage is.

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“This is part of the position that we are also going to canvass this year. We started the conversation last year but we will continue it in 2025.”

In July 2024, after months of protracted talks, the Federal Government and labour unions reached a consensus figure of ₦70,000 minimum wage which was later approved by President Bola Tinubu.

The increase came five years after the last review pegged at ₦30,000 but with the astronomic rise in cost of living, attributed to a more than quadruple hike in energy costs and petrol subsidy removal, labour unions have argued that ₦70,000 cannot take any worker home and thus demanded a decent living wage.

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Baby factory dismantled in Mowe as Ogun police rescue pregnant women, children

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Ogun State Police operatives have dismantled an alleged baby factory at Abaren Village, Mowe, rescuing two pregnant women and four children while arresting six suspects including a nurse, following intelligence on suspected human trafficking and illegal adoption activities.

According to The Nation, the August 24 operation rescued Ilesanmi Foluke, 23, who is seven months pregnant, and Ejekwa Melody, 20, who is eight months pregnant. Four children were also recovered from the premises.

A follow-up operation traced a third victim, Blessing Bright Effiong, 26, to a nearby hospital where she had delivered a baby boy on August 20 — but the newborn’s whereabouts remain unknown. The case has been transferred to the State Criminal Investigation Department in Abeokuta for further investigation.

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ADC Kicks Against Endorsement of Tinubu by 500+ Jigawa Islamic Scholars

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The African Democratic Congress (ADC) has questioned the decision by more than 500 Islamic scholars and clerics in Jigawa State to endorse President Bola Tinubu for a second term in 2027.

The party’s Jigawa chapter described the endorsement as inappropriate, arguing that religious leaders should not allow political affiliations to compromise their independence or influence how they provide guidance to the public.

The ADC’s position was contained in a statement issued by its Jigawa State Deputy Chairman and North ADC Youth Ambassador, Ambassador Nuraddeen Suleiman Jidawa.

Jidawa acknowledged that individual clerics had the right to support candidates of their choice but maintained that such political positions should not be presented as the collective position of Nigeria’s Muslim population.

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The party also disputed some claims reportedly made by the scholars in support of the Tinubu administration, including the attribution of the Kano-Dutse/Kano-Maradi railway project to the current government.

According to the ADC, the railway project was approved and awarded during the administration of former President Muhammadu Buhari in 2021.

The opposition party therefore challenged the Federal Government to provide details of major capital projects initiated and substantially completed by the Tinubu administration in Jigawa State.

The party also rejected claims that the country’s security situation had improved significantly, particularly in the North-West.

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It cited reported incidents of kidnapping and terrorist attacks in Kaduna, Sokoto and Zamfara as indications that insecurity remains a serious national challenge.

The ADC further referenced a recent Al Jazeera report concerning a video purportedly showing abducted people being held by armed men following reports of mass abductions in Niger State.

The party argued that such developments made it inappropriate to describe Nigeria’s security crisis as resolved.

It urged voters to assess the Tinubu administration based on tangible results rather than political endorsements, listing security, employment, economic conditions, infrastructure, transparency and accountability among the areas that should be considered.

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The ADC also renewed its criticism of the removal of petrol subsidy, arguing that the policy had contributed to higher transportation costs and increased prices of food and other essential goods.

It called on Islamic scholars and clerics to preserve their independence and avoid becoming tools for political mobilisation.

“While we respect the right of individual clerics to make their political choices, such endorsements should not be presented as religious verdicts or as the position of Nigeria’s Muslim community,” the party said.

The party said religious leaders should instead use their influence to demand accountability from political authorities and provide moral guidance to society.

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The ADC urged Nigerians to make independent decisions ahead of the 2027 elections by examining how government policies have affected their livelihoods and the country’s overall development.

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Dangote Refinery raises fuel price by N15

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Dangote Petroleum Refinery and Petrochemicals FZE has raised the gantry price of Premium Motor Spirit (petrol) from N1,185 to N1,200 per litre, effective August 26, 2026.

In a notice sent to customers on Tuesday, the refinery’s Group Commercial Operations announced new depot prices for gantry and coastal deliveries.

The email, titled ‘PMS Price Change Communication (N1,185 per Litre To N1,200 Per Litre)’, instructed customers to note the revised DPRP PMS gantry and coastal prices, starting August 26, 2026.

As per the notice’s table, the coastal price increased from N1,562,265 to N1,582,380 per metric tonne, while the gantry price rose from N1,185 to N1,200 per litre.

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The refinery also asked customers to return all Authorisation to Collect documents for repricing, stating a new volume contract would be issued to resume immediate loading.

“You are advised to return all ATCs for repricing, and a new volume contract will be issued for immediate loading resumption. Should you require any further clarification, please do not hesitate to contact us,” the notice said.

The latest adjustment represents a N15 per litre increase in the gantry price and comes barely days after the refinery raised the price from N1,165 to N1,185 per litre.

The previous price increase was implemented at midnight on August 21, 2026, as reported by industry trackers.

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However, the most recent hike occurs amid declining international crude oil prices.

Oilprice.com data from Tuesday indicated that West Texas Intermediate crude was trading at $82.13 per barrel, a decrease of $2.88 or 3.39%. Brent crude was priced at $88.37 per barrel, down $3.80 or 4.12%. Murban crude also dropped to $92.71 per barrel, a decline of $8.73 or 8.61%.

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