News
Strike looming as labour unions reject FG’s N48,000 minimum wage proposal, walk out of negotiations
By Kayode Sanni-Arewa
The labour unions comprising the Nigeria Labour Congress and Trade Union Congress have walked out of the ongoing minimum wage negotiations with the government and the Organised Private Sector.
Angered by the N48,000 proposal by the Federal Government as the national minimum wage, the labour unions described the offer as ridiculous.
The NLC President, Joe Ajaero, explained that the government is not serious about negotiating with the Labour on the new minimum wage.
He explained that the FG does not have the necessary data to negotiate with Labour.
Ajaero maintained that Government have till the end of the month to arrive at a decision, adding that Labour will take a decision at the expiration of the ultimatum.
The Trade Union Congress was represented at the meeting by the Deputy President, Mr. Tommy Okon.
A joint statement signed by Ajaero and Okon after the meeting read in part, “The Government’s proposal of a paltry N48,000 (forty-eight thousand Naira} as the Minimum Wage does not only insult the sensibilities of Nigerian workers but also falls significantly short of meeting our needs and aspirations.
“In contrast the Organised Private Sector (OPS) proposed an initial offer of N54 ,000 (fifty-four thousand Naira) though it is worth noting that even the least paid workers in the private sector receives N78,000 (seventy-eight thousand Naira per month) as clearly stated by the OPS, highlighting the stark disparity between the proposed and prevailing standards further demonstrating the minimum wage unwillingness of Employers and Government to faithfully negotiate a fair National Minimum Wage for Workers in Nigeria.
“Furthermore, the Government’s failure to provide any substantiated data to support their offer exacerbates the situation. This lack of transparency and good faith undermines the credibility of the negotiation process and erodes trust between the parties involved.
“As representatives of Nigerian workers, we cannot in good conscience accept a wage proposal that would result in a reduction in income for federal-level workers who are already receiving N30,000 (thirty thousand Naira) as mandated by law, augmented by Buhari’s 40% Peculiar allowance (N12,000) and the N35,000 (thirty-five thousand Naira) wage award, totaling N77,000 (seventyseven thousand Naira) only.
“Such a regressive step would undermine the economic well-being of workers and their families and is unacceptable in a National Minimum Wage Fixing process.
The NLC and TUC had proposed that the Federal government should pay Nigerian workers N615,000 minimum wage, citing high cost of living as the yardstick for the proposal.
N615,000 Wage Proposal
On April 14, the organised Labour demanded N615,000 as the new minimum wage for workers to cope with the many economic realities and high cost of living in Nigeria.
The new wage of N615,000 monthly was reached after consultations between the Nigeria Labour Congress (NLC) and the Trade Union Congress (TUC), according to the NLC President, Joe Ajaero.
The labour unions said the current minimum wage of N30,000 can no longer cater for the wellbeing of an average Nigerian worker, lamenting that not all governors are paying the current wage award which will expire by April, five years after the Minimum Wage Act of 2019 was signed by former President Muhammadu Buhari. The Act is to be reviewed every five years to meet up with contemporary economic demands of workers.
NLC and the TUC have at various times called on the administration of President Bola Tinubu to hasten the upward review of wage awards.
Earlier in January, the Federal Government inaugurated a 37-man Tripartite Committee on National Minimum Wage with a mandate to recommend a new National Minimum Wage for the country.
The NLC had announced N1m as the new minimum wage, due to the rising inflation in the country which had pushed many into poverty. (Channels TV)
Enugu State Government has hailed the Government of the Republic of Finland for the arrest of the Finland-based leader of the criminal gang, Autopilots, Simon Ekpa, describing him as a common criminal, con man, and terrorist, who has no interest of Igbo people at heart.
The government also described Ekpa as a murderer and fraudster, who delights in killing his people and living large off their misery, saying that Enugu State was ready and willing to provide evidence of Ekpa-sponsored atrocities against Ndigbo to aid his trial and conviction, whether in Finland or Nigeria.
This was contained in a statement issued by the Secretary to the State Government, Prof. Chidiebere Onyia, on Friday.
“The Enugu State Government welcomes the arrest of the Finland-based terrorist, Simon Ekpa.
“His arrest and trial will no doubt go a long way in strengthening peace, security, and stability in all parts of the South East.
“This arrest is in line with the demand of Governor Peter Mbah Administration, which has repeatedly made it known that Ekpa is a megalomaniac, common criminal, murderer, and fraudster, who takes joy in feeding fat on the manipulated emotions of Ndigbo and inflicting misery on the South East region.
See also Bauchi: Head teacher bags 11 years jail term for sexually assaulting 6-year-old pupil
“Ekpa has for long, and unfortunately from Finland, made a living by creating a siege climate and mentality in the South East, destroying lives, property, and the Igbo trademark of entrepreneurship and hard work. He thrives on manipulating, exploiting, and extorting the people on the pretext of fighting for their interest and for the restoration of Biafra,” the government said.
News
“Men Need To Submit Too”, says Pastor Olumide, Quotes Bible Passage To Back His Statement (Video)
A pastor has stated that submission in a marriage is not a requirement for women alone.
Pastor Olumide Emmanuel explained that a Christian marriage is not based on “culture” but on the teachings of the kingdom and as a result, men should respect their wives’ opinions and superior judgment and submit when appropriate.
He said: “Men, I will tell you for free, respect a woman’s sensitivity if you want to do well in life.
“Ask any married man that will be honest with you, there are things that if we did not listen to our wife we’d be in trouble by now. And there are times that we didn’t listen, we enter trouble.
“So if you’re a young person now, don’t let Africa kill you. ‘I’m a man of this house, I’m a man of this house, you can’t tell me what to do’. Forget that nonsense.
“Marriage is not an African culture, it’s a kingdom culture and in the kingdom the bible says, submitting yourself one to another. Mutual submission is a kingdom agenda for the marriage.
“So there are times you need to submit to your wife. Submit to your woman.”
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The black market dollar to Naira exchange rate on Friday 22 November 2024 can be accessed below.
NewsOnline Nigeria has obtained the official naira black market exchange rate in Nigeria today including the Black Market rates, Bureau De Change (BDC), and CBN rates. Please note that the exchange rate is subject to hourly fluctuations influenced by the supply and demand of dollars in the market. As of now, you can purchase 1 dollar at a certain rate now, however, it’s important to remember that the rate can shift (either upwards or downwards) within hours.
How much is a dollar to naira today in the black market?
Dollar to naira exchange rate today black market (Aboki dollar rate):
According to Bureau De Change (BDC) sources, the exchange rate for a dollar to naira at Lagos Parallel Market (Black Market) players bought a dollar for N1710 and sold it for N1750 on Friday, November 22, 2024.
Please note that the Central Bank of Nigeria (CBN) does not recognize the parallel market (black market), as it has directed individuals who want to engage in Forex to approach their respective banks.
Dollar to Naira Black Market Rate Today
Dollar to Naira (USD to NGN) Black Market Exchange Rate Today
Buying Rate N1730
Selling Rate N1740
Dollar to Naira CBN Rate Today
Dollar to Naira (USD to NGN) CBN Rate Today
Buying Rate N1745
Selling Rate N1750
Please note that the rates you buy or sell forex may be different from what is captured in this article because prices vary.
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