...news, reports, issues... about Lagos
No fewer than 30 state governments of the federation spent N986.64bn on recurrent expenditures, including refreshments, sitting allowances, travelling, utilities, etc., in the first three months of 2024, The PUNCH reports. The states’ budget implementation reports, which were obtained from Open Nigerian States, a website supported by BudgIT that acts as a repository for public […]
Senate President Godswill Akpabio has condemned the decision of organized labour to shut down the national grid, labeling it as economic sabotage. Akpabio made these remarks during a Senate session following a motion brought forward by Diket Plang, senator representing Plateau central, regarding the ongoing indefinite strike by labor unions. The strike, initiated by the […]
In a meeting held earlier on Thursday, the Nigeria Labour Congress (NLC) and Trade Union Congress of Nigeria (TUC) gave further details about why their joint National Executive Council suspended the indefinite nationwide strike that began on May 3rd. A communique jointly signed by NLC and TUC Presidents, Comrades Joe Ajaero and Festus Osifo, said […]
Festus Osifo, the president of the Trade Union Congress has said the N494 thousand minimum wage demand is not a fixed wage, noting that the organised labour went into the negotiation table with its “best case scenario”. Osifo who featured in an interview on Channels Television on Tuesday said the concerns of the labour is the value […]
… Says institutional reforms should precede price reforms… Naira will continue to depreciate without export The Managing Director of Financial Derivatives Company, FDC, Mr. Bismarck Rewane, has urged the Nigerian Labour Congress, NLC, to reconsider its stance on benchmarking the minimum wage demand on dollar exchange rate, saying that it would result in massive job […]
The Nigeria Labour Congress has has disclosed that the ongoing nationwide strike will continue despite the agreement signed with the Federal Government at Monday’s meeting. The congress, in a post on X, on Tuesday said the industrial action which has grounded the nation’s economy will continue until Tuesday’s meeting of organs of the union where […]
Bayo Onanuga, Special Adviser to President Bola Tinubu on Information and Strategy, says the striking Nigeria Labour Congress (NLC) and Trade Union Congress (TUC) should be thankful to God that Nigeria is not in a military regime. Onanuga, who is reacting to the report of complete shutdown of Nigeria’s power grid by the labour unions […]
There are indications that the landing cost of Premium Motor Spirit, PMS, otherwise known as petrol rose year-on-year, YoY, by 46.8 per cent to N1,026.71 per litre in May 2024, from N545.83 per litre, recorded in the corresponding period of 2023. The landing cost excludes other additional costs which include deport-related charges, transportation logistics and marketers’ […]
President of the Nigeria Labour Congress, Comrade Joe Ajaero, while speaking at the Vanguard Economic Discourse charges the government to fix the economy and not allow the citizens to continue to suffer due to its reforms. On what fundamental are you making the demand of 450k minimum wage from the FG knowing that it might […]
ABUJA: The Federal Government has said it is ready to pay higher than N60,000 as minimum wage, urging organized labour to take the offer. It did not however state the specific amount. The figure was disclosed by the government late Monday after a meeting with the Nigeria Labour Congress NLC and its counterpart, the Trade […]
