...news, reports, issues... about Lagos
Despite being commonly perceived as heavily indebted, Nigeria has been ranked as the second least indebted African country by the International Monetary Fund (IMF). This ranking emphasizes the significance of metrics such as the debt-to-GDP ratio in assessing a nation’s financial health. Lower ratios indicate stability, while higher ratios raise concerns about debt sustainability. Tanzania’s […]
The federal government’s wage bill will almost double at the very least if the organised labour doubles down on an unrealistic push for a 20-fold increase in the minimum wage. With the proposed minimum wage of N615,000, the government’s personnel costs for 1.5 million workers will rise from about N7 trillion which it currently stands […]
The tripartite minimum wage negotiation meeting involving Organised Labour, the federal and state governments, and the Organized Private Sector, OPS, yesterday ended in deadlock, following Labour’s dismissal of the government’s N54,000 offer as expected. Labour leaders also lamented the absence of state governors in the meeting to present their offers, as their representatives said they had no […]
Nigeria Labour Congress (NLC) and Trade Union Congress of Nigeria (TUC), after a joint National Executive Council (NEC) meeting in Abuja on Monday evening, reiterate the readiness of workers to carry out a wide range of industrial action if the federal government fail to conclude new minimum wage negotiations and provide a living for the country’s workmen […]
The Lagos State Government has assured the public an activation of feeding programme in public primary and secondary schools. This was revealed by the Special Adviser to the Governor on Political, Legislative and Civic Engagement, Afolabi Abiodun at a ministerial press briefing on Monday at the Bagauda Kaltho Press Centre, Alausa, Ikeja. “Mr Governor has […]
….Tells FG to break down whatever amount it wants to pay …Says it expects govt to be serious By Johnbosco Agbakwuru ABUJA — Organised Labour has told the Federal Government to perish any thought of offering N100,000 as the new minimum wage. It also asked the government to be serious with negotiations on the issue […]
The Lagos State Commissioner for Home affairs, Ibrahim Layode has described the State as a home to people from across Nigeria and Beyond. He said this at the annual ministerial press briefing on Wednesday at the Bagauda Kaltho Press Centre, Alausa, Ikeja. “We pride ourselves in saying that what divides and creates security breaches in […]
The Trade Union Congress (TUC) has rejected the N48,000 proposed by the Federal Government as the new minimum wage, saying it does not make any sense. The TUC President, Festus Osifo berated the FG’s proposal while speaking in an interview on Channels Television’s Politics Today on Wednesday. Osifo said the federal government was not being serious in […]
LAGOS — Organised Labour yesterday walked out of the minimum wage negotiation after rejecting the government and the Organized Private Sector, OPS, new minimum wage proposals of N48,000 and N54, 000 respectively. Under the umbrella of the Nigeria Labour Congress, NLC, and its Trade Union Congress of Nigeria, TUC, counterpart, Labour described the government’s proposal of N48,000 […]
•Aviation sector gets approval to procure N4.2 billion aircraft recovery equipment •Says cybersecurity levy suspended for review •FG to transform infrastructure, housing sectors •Targets N20trn pension fund for devt •To provide 48-hour visa service for investors •Urges labour not to derail power sector transformation plan, to look into electricity tariff hike The Federal Executive Council […]
