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Breaking: Tinubu signs 70,000 new minimum wage bill into law
By Francesca Hangeior.
President Bola Ahmed Tinubu, has signed the new minimum wage bill into law.
Tinubu who presided over the Federal Executive Council, FEC, meeting, at the Council Chamber in the State House, Abuja signed the N70,000 the new minimum wage into law.
Recall that the Federal government and Organized Labour yesterday settled for N70,000 as the new minimum wage.
The tripartite committee had submitted two figures in its report to the President as a result of disagreement among the government, the private sector and organized labour.
While the government and the private sector offered N62,000, organized labour demanded N250,000.
Speaking to State House correspondents after the meeting with the President, the Minister of Information and National Orientation, Mohammed Idris, said President Tinubu agreed to pay N70,000 from the initial offer of N62,000.
“We’re happy to announce that both the Federal Government and Organized Labour have agreed on an increase on the N62,000. The new national minimum wage that we expect to submit to the National Assembly for legislation is N70,000.
“But that is not all. There is also a boost, Mr. President has assured to ensuring that massive investment is going to be made in the area of infrastructure. There is also a deepening of the investment of the Federal Government in renewable energy.
“More money is going to go into the acquisition of more buses, the CNG buses, Nigeria is going to be more CNG-compliant, according to the President.
“We’re moving in this transition to renewable and all other things Mr President has assured Labour, the issue of ASUU (Academic Staff Union of Universities), SSANU (Senior Staff Association of Nigerian Universities) and NASU (Non-Academic Staff Union of Educational and Associated Institutions) is also going to be looked at.
“We are happy, we are very thankful for the role organized labour has played. They recognized the Federal Government’s role in ensuring that we have local government autonomy, and also ensuring that both Labour and government are on the same page.
“They have seen the magnanimity of the President and today, the leadership of Labour said they didn’t come here for negotiation, not at all, they came here in that deep sense of patriotism to ensure that Nigeria remains united, Nigeria becomes more prosperous and it is in that spirit that they agree with what the Federal Government has done today.
“We want to thank Labour for their patriotism. We also want to thank Mr President, the Federal Government, the sub-nationals and Organized Private Sector for going through this painstaking effort but also ensuring that at the end of the day, Nigeria is the winner for it all.”
News
BUNKERING: Army, Tantita Security Arrest Truck Laden with Illegally Extracted Crude Oil in Delta
A joint team comprising officers of the 181 Battalion, Nigerian Army, Oleh, and personnel from Tantita Security Services Nigeria Ltd. has arrested a vacuum truck involved in illegal crude oil extraction at Well 3, Olomoro, in Isoko South Local Government Area of Delta State.
According to reports, the truck, which previously belonged to Engr. Daniel Omoyibo, also known as Damotech, was gifted to the driver, Mr. Matthew Ojomikre, who is currently being detained at the Forward Operating Base (FOB), 181 Battalion, Oleh.
Upon interrogation, the driver confessed that his company had been contracted by Heritage Energy Operational Services Ltd. to evacuate sludge from Well 3, Olomoro. However, he was unable to provide any formal approvals or documentation authorizing the activity, as was previously the norm.
Until recently, Heritage Energy Operational Services Ltd. had consistently provided crude and condensate trucking permits to officers of the Nigerian Army and Tantita Security Services Nigeria Ltd. for proper monitoring from the loading point to the discharge location.
Officers of Tantita Security Services, in collaboration with a team from Heritage and the Nigerian Army, have collected samples from the vacuum truck for laboratory testing and analysis.
The preliminary confessional statement from the driver indicates that he illegally collected crude oil from Well 3 under the pretense of evacuating sludge from the wellheads.
Authorities have reported that the same truck has previously been involved in unauthorized crude oil evacuations within the Isoko axis.
The driver, the truck, and its contents remain in custody at the 181 Battalion Base in Oleh for further interrogation and possible prosecution.
The Universal Basic Education Commission on Tuesday announced plans to introduce a new template for disbursing counterpart funds under the Universal Basic Education programme.
This was disclosed by the Executive Secretary of the commission, Aisha Garba, during an interactive workshop with State Universal Basic Education Boards in Abuja.
Garba explained that the Federal Government, through UBEC, had recently restructured the delivery of basic education nationwide to align with four strategic pillars aimed at improving access and quality across states and the Federal Capital Territory.
She identified the pillars as expanding access to basic education, especially for rural and underserved populations; enhancing the quality of teaching and learning nationwide; strengthening accountability and the effective use of education financing; and optimising monitoring and institutional systems for quality service delivery.
She said, “The Hope Education Project of the present administration is a performance-for-reward initiative designed to support states that judiciously utilise resources in line with these four pillars.”
She added that the new approach had made it necessary to develop fresh templates that will guide SUBEBs in preparing work plans to access UBE intervention funds under the framework of the Hope Education Project.
Also speaking at the event, UBEC’s Deputy Executive Secretary for General Services, Tunde Ajibulu, described the workshop as timely and essential.
He stressed that the realignment of basic education delivery made the introduction of the new templates crucial.
“We expect you, as implementers of basic education in your respective states, to contribute positively and help develop workable templates,” Ajibulu said.
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