Connect with us

News

Minimum wage: We’re not fixated on a figure — NLC

Published

on

By Francesca Hangeior.

 

The Nigeria Labour Congress (NLC) said that it is not fixated on a figure as negotiations continue with the Federal Government over a new national minimum wage.

Recall that Organised Labour on Monday declared a strike ove a new minimum wage and the recent hike in electricity tariff for Band A customers.

Advertisement

Following the strike action, the federal government and organised labour reached an agreement on a new minimum wage that will be “above N60,000.”

The figure was disclosed by the government late Monday after a meeting with the Nigeria Labour Congress (NLC) and its counterpart, the Trade Union Congress (TUC), at the Office of the Secretary to the Government of the Federation (OSGF).

Speaking during an appearance on Arise TV on Tuesday, Benson Upah, Head of Department of Information NLC, disclosed that Organised Labour is not fixated on a figure but would consider a fair and reasonable figure that can take a family of six home.

His words: “We are not fixated on any figure; our first offer was N615,000, but we climbed down, and we’re now on  N494,000. Let me be emphatic; our fixation is with value. If today the government takes the needed decisions to create value around the naira, we’ll be ready to take a figure that is realistic.

Advertisement

“In 1981, the national minimum wage was N125, equivalent to $188. If the government takes the requisite decision to create value around the naira, we’ll be ready to take a figure that is fair and square.”

Speaking further, he stated that President Bola Tinubu, since assuming office, has made decisions that have affected the country’s economy.

“The first is the ill-advised removal of fuel subsidy rather than dealing with the criminal content of the subsidy. The president admitted to the presence and existence of a cabal, and rather than deal with that, he instead chose to deal with Nigerians,” he said.

“The second one is the mindless devaluation of the naira, which took it from N350 to N1900 and it’s now hovering around N1600; the third is the tariff hike; and the fourth is the 26.5 per cent interest rate. When you look at this, it becomes highly toxic for business.”

Advertisement

The NLC spokesperson responded to comments made by Bayo Onanuga, Special Adviser to President Bola Tinubu on Information and Strategy, stating that the union has no political sentiment.

He said, “As we speak now, we’re the only reliable voice that can speak to power at the risk of our lives. We’ve been consistent from pre-independence to the military and democratic eras. This is not the first time we’ve taken on a government. Right from 1999, the presidency of Obasanjo; then Yar’adua; and Jonathan, but Onanuga didn’t see political sentiment.

“I want to assure you that we’ve no political sentiment. Our sentiments in this matter are pure, patriotic, and in the interest of this country,” he added.

Advertisement
Continue Reading
Advertisement
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

News

BREAKING: President Tinubu Presents N47.9trn Appropriation Bill To NASS

Published

on

By Gloria Ikibah
President Bola Ahmed Tinubu in a Joint Session of the Senate and House of Representatives on Wednesday, 18 December 2024, presented the sum of N47.9 trillion as the proposed 2025 Appropriation Bill, with new borrowings of N13.0 trillion, which is 3.87 per cent of the estimated Gross Domestic Product (GDP).
The President, in his address to the National Assembly described the 2025 Budget as the “Budget of Restoration” which he said, “involves our administration’s roadmap to secure peace, prosperity and hope for our beloved nation”.
The budget of restoration according to president Tinubu, serves as the very hope of the Renewed Hope Agenda and improving the lives of Nigerians.
He said the 2025 budget is one of the reform and transformation to consolidate the key policies of the Tinubu-led administration. Reeling out the progress made he said global economic growth for Nigeria increased from the 2.6% estimated to 3.5% growth.
Naijablitznews.com recalled that the 2025-2027 Medium Term Expenditure Framework (MTEF) and Fiscal Strategy Paper (FSP), and its fiscal parameters, adopted an “an oil price benchmark of $75 per barrel for 2025, oil production of 2.06 million barrels per day, an exchange rate of N1400 to $1, and a GDP growth of 4.6 per cent.”
President Tinubu said the 2025 budge seeks to restore micro economic stability, foster increased growth, employment, human capital development.
He explained further:
* N34.8 trillion revenue to find the budget
*. Government expenditure N47.9 trillion including N5.81 trillium for debt servicing.
* Inflation to reduce from 34.6% to 15%
* Exchange rate from N1,700 per $1 to N1500 and increase crude oil production to 2.06 million barrels per day.
*Reduce the production of petroleum products alongside importation of finished product.
According to the President, defence and security is allocated N4.91 trillion, infrastructure to get N4.06 trillion, while health gets N2.48 trillion and education N3.5 trillion.
Tinubu said the budgetary allocations are informed by the commitment of his administration to security of lives and property, infrastructural development, education and healthcare delivery.
He solicited the support of the lawmakers and Nigerians in addressing the country’s challenges, and said “the time for lamentation is over” .
“Our nation faces challenges… they are surmountable when we work collectively. The time for lamentations is over, the time to act is now…,” Tinubu said.
Details later……
Continue Reading

News

Gov Adeleke Speaks On Death Sentence For Chicken Thief

Published

on

Osun State Governor, Ademola Adeleke, has stepped in to call for immediate action in the case of Segun Olowookere, an indigene who was sentenced to death for stealing a fowl.

Recall Segun’s mother, Folashade Olowookere, emotionally shared the story of her son, who is currently imprisoned, during an interview on Nollywood actress Biola Adebayo’s YouTube podcast. The video gained significant attention, including from Governor Adeleke.

Naijablitznews reports this was contained in a statement from the Governor’s spokesperson, Olawale Rasheed, Adeleke directed a swift investigation and ordered that steps be taken for a potential pardon in Segun’s case. The Governor further instructed the Attorney General to ensure Segun is considered for the prerogative of mercy before the year ends.

The statement read, “I have reviewed the case and acknowledge the importance of the separation of powers in our democracy. In this instance, I have instructed the Commissioner for Justice to begin the process of granting mercy to this young man.

Advertisement

“Osun is a state of justice and fairness. We must uphold the protection of lives and ensure equity.

“I want to assure the public that this matter is receiving my personal attention, and we are acting with urgency as a responsible government.”

Continue Reading

News

Delta Assembly pardons two suspended members

Published

on

The Delta State House of Assembly, on Tuesday, recalled two of its members that were suspended in November over alleged gross misconduct.

The News Agency of Nigeria reports that the recall was announced during plenary in Asaba by the Speaker, Mr Dennis Guwor.

Recall that the Assembly had on November 6 suspended Mr Dafe Chukudi (PDP-Ukwuani) for 14 legislative days over alleged gross misconduct, while Mr Oboro Preyor (PDP-Bomadi) was also suspended for 14 legislative days for the same offense on November 12.

“Dear colleagues, following the allegation of gross misconduct against our suspended members and subsequently, a committee on investigation headed by the Deputy Speaker, Mr Arthur Akpowowo, was set up.

Advertisement

“The committee has commenced investigation. However, the 14 days that they were suspended has elapsed. And by the confidence you all reposed in me as the Speaker of the state House of Assembly, and now that the 14 days of their suspension has elapsed, there is need to recall Mr Dafe Chukudi and Mr Oboro Preyor to resume their duties as members going forward.

“The suspended members are hereby recalled pending on the outcome of their investigative committee.”

Meanwhile, the Deputy Speaker, Mr Arthur Akpowowo, expressed joy over the recall of the lawmakers, saying, “I am very happy that we have lifted their suspension.

“The Speaker has recalled them so that they can celebrate the Christmas with joy and even enter the New Year with some relief of happiness. For me, this is a party gift for me even though I’m not affected.”

Advertisement
Continue Reading

Trending

Copyright © 2024 Naija Blitz News