President Bola Tinubu has officially approved the sum of ₦35,000 minimum wage for all federal civil servants.
The Nigeria Union of Teachers (NUT) has threatened to commence indefinite strike in public primary and secondary schools in Bayelsa over the N30,000 minimum wage and promotion arrears.
Following the recent announcement of additional N35,000 to salaries of all categories of workers, a New York- based lawyer and chartered accountant, Owolabi Salis, has urged Federal Government to make N100,000 the new minimum wage.
Pensioners in the South-West geo-political zone have demanded for N40,000 minimum pension from the governors in the zone. The pensioners made the demand at the end of the meeting of the Nigeria Union of Pensioners (NUP), South-West zone, held in Ibadan on Thursday. The News Agency of Nigeria (NAN) reports that the meeting was attended…
Senate has clarified grey areas in its recent approval of N500 billion and $800 million for the President Bola Tinubu administration. The development had left many Nigerians bewildered, fearing the new government, like its predecessor, would increase benchmark for borrowing.
The minimum wage is the lowest legally allowed income below which no worker in salaried employment should be paid. The rate varies across cities and countries. Contrastingly, it is higher in advanced countries than in developing countries because of the differences in the costs of living. For instance, with $15, one could pay for only one haircut in the United States. Converted, this same amount will buy roughly 30 haircut services in low and middle-income countries.
Minimum wage negotiations between organised labour, Nigerian Employers’ Consultative Association (NECA), and the Federal Government will resume in the last quarter of this year.
More intrigues, yesterday, trailed the industrial action called by organised labour to protest against the removal of petrol subsidy.
President Bola Ahmed Tinubu yesterday in Abuja said improved livelihood for Nigerians remains a top priority of his administration, admitting that the national minimum wage needs a review to reflect current realities.
Anambra Governor, Prof. Charles Soludo, said that the N30,000 national minimum wage for Nigerian workers is grossly insufficient to sustain the average worker and his family.
“The current N30,000 minimum wage is worth less than N18,000 the least paid Nigerian workers received between 2011 and 2018.” – This was the verdict that reverberated across board in all the 36 states of the federation as Nigerian workers...
The Bauchi State Government has assured workers that their December salary payment will reflect the N30, 000 minimum wage. The national minimum wage, which was signed into law by President Muhammadu Buhari, on April 18 2019, has only been implemented for workers in level seven and below.