Month: May 2024

Minimum Wage: Don’t be Private Sector’s Undertaker by Insisting on 1,233% Wage Increase, NECA tells Organised Labour

Director-General of Nigeria Employers’ Consultative Association (NECA), Mr. Adewale-Smatt Oyerinde, has urged representatives of organised labour to embrace the proposed N57,000 new minimum wage or be prepared to serve as the undertaker of organised business by insisting on N400,000 as minimum wage.The N400,000 placed on the negotiation table by organised labour represents 1,233 percentage increase […]

Streaming swells monthly internet spend to N216bn

Nigerians are consuming content on the internet at an unprecedented pace, with monthly usage up by more than 501.99 percent since 2019. This surge has been fueled by the growing appetite for streaming services and other online activities, accessible primarily through smartphones. According to data from the Nigerian Communication Commission (NCC), monthly internet usage grew […]

International consumers owe Nigeria $51m for electricity — FG

International consumers failed to remit about $51.26m to Nigeria for electricity exported from Nigeria to the power users in 2023, the Federal Government revealed in the latest industry data showing the non-remittances by the consumers. Also, another group of customers categorised as bilateral power consumers did not remit about N7.61bn to the Nigerian power sector […]

Reps Want Free Medical Treatment For Pregnant Women

The House of Representatives on Wednesday urged the Federal Ministry of Health to issue a directive for provision of free medical treatment for pregnant women during and after delivery in public healthcare institutions across the country. The house mandated its committee on healthcare services and healthcare institutions to invite the Minister of Health “to propose […]

Tinubu, So Far…

When the All Progressives Congress (APC) dislodged then ruling People’s Democratic Party in the 2015 presidential polls and a taciturn, supposedly no-nonsense General Muhammadu Buhari emerged as president, many Nigerians thought the nation was a few steps away from attaining El-dorado. Eight years after Buhari’s tenure, we now know better.  The Buhari administration couldn’t combat […]

FG apologises to Nigerians over economic pains, hardships

The Federal Government has apologised to Nigerians for the pain and economic hardship being experienced in the country, noting, however, that the policies of the President Bola Ahmed Tinubu-led government are on track despite the currency crisis and inflation, which have frustrated economic growth. Minister of Budget and Economic Planning, Atiku Bagudu, on Wednesday at […]

Minimum wage: Labour pegs demand at N500,000

The Nigeria Labour Congress and Trade Union Congress of Nigeria at the resumption of the tripartite committee meeting today in Abuja, reduced their earlier demand of of a new minimum wage from N615,000 to N500,000. Nigerian Tribune gathered from a source who attended the meeting. Recall that the high-level meeting was stalled on Tuesday, following the […]

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