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Federal Gov’t Plans Supplementary Budget To Finance New Minimum Wage
The Federal Government is preparing a supplementary budget for the 2024 fiscal year to support the implementation of a new minimum wage for workers.
This was revealed by the Minister of Information and National Orientation, Mohammed Idris, at the end of the Federal Executive Council (FEC) meeting at the Stats House on Monday.
The development comes as part of ongoing efforts to address the Organised Labour’s concerns and establish a fair wage structure for all Nigerians.
Speaking after the FEC meeting presided over by President Bola Tinubu, Idris revealed that the government has directed the Ministry of Budget and National Planning to develop additional financial support for the 2024 budget.
This move aims to bridge any gap between the previously approved 2024 budget and the requirements of the proposed new minimum wage.
He explained that this would cover any differential or any gap that would exist in terms of what existed before the 2024 budget was approved.
He said, “now, you are also aware that last week, the Nigeria Labour Congress met the President. This, of course, was part of the consultation that the President has agreed.
“Recall that he had met the Organised Sector, he had also met subnationals after the tripartite committee on Labour had submitted its report.
“In order to ensure that there is a thorough analysis of the situation so that government would come up with a minimum wage that works for all Nigerians, federal government, the subnationals and the organised private sector.
“That was also discussed today. And government has also directed the Ministry of Budget to also come up with additional support for the 2024 budget, so that any differential or any gap that will exist in terms of what existed before 2024 budget was approved, a supplementary budget and also what the requirement is for now.
“So, government is working around the clock to ensure that it comes up with a minimum wage, like I said, that works for all Nigerians. At the end of the day, this of course will be submitted to the National Assembly so that you can have legislative backing.”
He also revealed that President Tinubu has been scheduled to meet with the NLC, Trade Union Congress (TUC), and their affiliates on Thursday.
The meeting is expected to be a crucial step in finalizing the new minimum wage proposal before it is submitted to the National Assembly for legislation.
Idris emphasised the government’s determination to resolve the wage issue, stating that government was working around the clock to ensure that it comes up with a new minimum wage that works for all Nigerians.
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WATCH Your Family Lawyer Podcast on YouTube tomorrow
The second edition of Your Family Lawyer will hit the airwaves tomorrow (Saturday) precisely by 9.am.
Join Barrister Chinye Chuma, a veteran lawyer marshall out issues laced with court verdicts and how victims can resolve such knotty legal matters.
Watch introductory clip below;
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FemyWalsh Limited Makes History: Appoints Chief Julie Coker as Africa’s Oldest Female Journalist (Photos)
In a groundbreaking move that underscores its commitment to inclusivity and excellence, FemyWalsh Limited has proudly announced the appointment of Chief Julie Coker, an 85-year-old trailblazer in African journalism, as part of its esteemed team.
This historic milestone cements FemyWalsh Limited’s position as a leader in championing diversity and recognising the value of experience across generations.
Chief Julie Coker, a celebrated icon in the media world, brings decades of experience, insight, and unparalleled expertise to the organisation. With a career spanning over six decades, she has been instrumental in shaping the narrative of African journalism, inspiring generations of journalists with her dedication, resilience, and pioneering spirit.
“Chief Julie Coker is not just a journalist; she is a living legend,” said Victor Walsh Oluwafemi, Chief Executive Director of FemyWalsh Limited. “Her contributions to journalism and storytelling have left an indelible mark on the industry. By welcoming her to our team, we are reaffirming our belief that greatness knows no age. This appointment is a testament to our commitment to inclusivity, diversity, and celebrating talent in all its forms.”
This is not the first time FemyWalsh Limited has demonstrated its dedication to inclusivity. Over a year ago, the organisation made headlines by employing a 74-year-old veteran journalist, setting a precedent for valuing experience and diversity. Chief Julie Coker’s appointment further elevates this legacy, marking a significant achievement not only for FemyWalsh Limited but also for Africa’s media landscape.
Chief Julie Coker will now join FemyWalsh Media, which operates Souq News Television, The Isle 104.9 FM Lagos, and the soon-to-launch Kasuwa Radio 99.7 FM, based in the ancient city of Kano. The addition of Kasuwa Radio reflects FemyWalsh Limited’s commitment to expanding its reach and promoting quality broadcasting across Nigeria.
Speaking on her appointment, Chief Julie Coker expressed her gratitude and excitement:
“I am deeply honoured to join FemyWalsh Limited, a company that values experience and continues to break barriers. I look forward to contributing my wealth of knowledge and being part of an organisation that is paving the way for inclusivity and innovation in the media industry.”
Chief Julie Coker’s role at FemyWalsh Limited will focus on mentoring the next generation of journalists, enhancing storytelling strategies, and promoting initiatives that celebrate Africa’s rich media heritage.
FemyWalsh Media’s growing portfolio of outlets underscores its dedication to reshaping the media landscape in Africa by combining innovation with inclusivity. This historic appointment serves as a beacon of inspiration for organisations worldwide, proving that experience and age are invaluable assets in fostering progress and creativity.
About FemyWalsh Limited
FemyWalsh Limited is a leading media organisation committed to driving inclusivity, innovation, and excellence in the media industry. With ownership of Souq News Television, The Isle 104.9 FM Lagos, and the soon-to-launch Kasuwa Radio 99.7 FM Kano, the company continues to inspire through its groundbreaking initiatives and unwavering commitment to diversity.
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Afenifere demands concrete action from S’West governors on banditry
The pan-Yoruba socio-cultural organisation, Afenifere, on Thursday, called on South West Governors to take the security of their areas more seriously in view of the latest revelation concerning the new influx of bandits into the region.
Afenifere disclosed this in a statement by its National Publicity Secretary, Jare Ajayi, in Ibadan, the Oyo State capital,
PUNCH Online reports that the Oyo State Governor, Seyi Makinde while speaking at the 2025 annual inter-faith service for workers held at the Secretariat, Agodi, Ibadan, on Monday, disclosed that bandits being dislodged from the North-West of Nigeria are infiltrating his state.
The Governor had said, “During a security briefing this morning, I learned that some bad elements from the North-West are relocating here due to military heat in their zones.
“To underscore the seriousness of the issue, the governor related his own personal experience when he observed his quiet birthday ceremony at Fashola near Oyo Alaafin towards the end of last month.
“During my birthday retreat in Fashola, bandits had camped less than two kilometres from where I was staying. This underscores the seriousness of the situation.”
Howeve, Afenifere stated that a disclosure of this nature coming from the Chief Security Officer of a state is not something to be treated with levity.
It, therefore, called on all the governors of the South-Western States to “as a matter of urgency, hold a meeting to map out strategies to expel the bandits from the region and to ensure that such elements do not infiltrate Yorubaland at any time again.
“For these objectives to be achieved, there is the need to carry certain groups along. These are the security agencies that will implement whatever security decisions are reached, traditional rulers and heads of local vigilantes known as ‘Ode’.”
Ajayi added that whatever strategies were devised should include functional, up-to-date equipment for those who would be on the fields, attractive incentives and the deployment of modern technologies to assist in identifying the bandits and their hideouts.
While urging security agencies and citizens not to take the issue of security lightly, Ajayi concluded by saying that traditional rulers and community leaders in different parts of Yorubaland should not keep quiet whenever they notice any indication suggestive of security threat.
It added, “For example, until the governor made the revelation on Monday, such grave security danger was unknown to members of the public, yet there are people living in Fashola area where the bandits were reported to have established a camp. It is not unlikely that similar camps could be found in some other parts of the South West, hence the need for urgent and effective action.”
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