News
TUC attributes N435, 500 minimum wage demand to ‘bastardised’ economy
TUC attributes N435, 500 minimum wage demand to ‘bastardised’ economy
The new minimum wage demand rose from N200, 000 a month to N435, 500 because of the economic realities in the country.
The Chairman of the Trade Union Congress, Enugu State, Comrade Ben Asogwa, stated this in Enugu on Thursday in an interview.
Asogwa said the value of naira to a dollar when the N200, 000 was the benchmark had doubled, hence the demand for an increase from the earlier amount requested.
He said, “Let’s face the economic realities. If you look at the present monetary value, and what it was then, you will understand that the increase is in order. We are also trying to make the government understand how bad the economy has become. They should also evaluate what workers in other parts of the world earn compared to Nigeria.
“Nigeria is an importing nation, including importing the finished products of our natural resources exported in raw forms. Those in government have so much bastardised the economy. When we pegged the minimum wage at N200, 000, a dollar was around N700. But today, it is over N1400. The government should realize the injuries it has done to the economy.”
READ ALSO:
- Father of six bags jail term for transporting cannabis in Osun
- Police busts Gombe currency syndicates, recovers fake $56,300
- Super Eagles winger, Ademola Lookman eyes Yekini’s AFCON record
He said the review of the minimum wage was in accordance to the law, adding that, “By law, the minimum wage is reviewed every five years. It was last reviewed in 2019, hence this year is statutorily the year for another review.”
On how the new minimum wage would impact on non-civil servants, C Asogwa said, “The wage is not only for those who are government workers. The committee constituted for the negotiation comprises representatives of federal, state and the private sectors. It is also noteworthy that the economy revolves around workers’ salaries. When workers are paid well, traders sell better and the value chain continues.”
He blamed the dwindling of the nation’s economy to the removal of fuel subsidy without ensuring that Nigeria’s refineries were optimally functional, government’s inability to stabilize the dollars against the naira, and the country’s lack of production capacities.
He, however, admitted that the proposed N435, 500 new minimum wage is not static as it could be reviewed by the committee currently meeting with the federal government on the matter.
TUC attributes N435, 500 minimum wage demand to ‘bastardised’ economy
News
Late COAS Lagbaja gets CFR honour, buried amid tributes
Late COAS Lagbaja gets CFR honour, buried amid tributes
The late Chief of Army Staff (COAS), Lt. General Taoreed Lagbaja, was on Friday laid to rest in Abuja, amid tears and tributes.
President Bola Tinubu conferred a posthumous award of the Commander of the Federal Republic (CFR) on the late Chief of Army Staff.
The burial took place at the National Cemetery in Abuja to end two days of funeral rites that began in Lagos earlier in the week.
His body was lowered into the grave at exactly 4:41pm after the ceremony that lasted over two hours.
Lagbaja’s casket, draped in Nigeria’s green and white colours, arrived at the cemetery around 3pm in a white funeral wagon after a funeral service at the National Christian Centre in Abuja.
Dignitaries were led to the event by President Bola Tinubu. Others are Vice President Kashim Shettima; the Acting Chief of Army Staff, Lt.Gen. Olufemi Oluyede; the Chief of Defence Staff, Gen. Christopher Musa; Minister of Defence, Abubakar Badaru, and other top government officials and military brass.
President Tinubu announced the conferment of the CFR on the late COAS during the interment at the National Cemetery in Abuja.
The President extolled the virtues of the late warrior, especially his contributions to national security.
According to him, the appointment of Lagbaja as the COAS was one of his finest made so far.
“As an eternal symbol of our appreciation, I have granted the late Chief of Army Staff, the posthumous national honour of the Commander of the Federal Republic of the Niger (CFR),” Tinubu declared.
He thereafter invited the wife of the late COAS, Mariya, to collect the award on behalf of the Lagbaja family amid applause from the congregation.
News
Supreme Court dismisses 16 govs suit challenging EFCC legality
Supreme Court dismisses 16 govs suit challenging EFCC legality
The Supreme Court has dismissed the suit by 16 states challenging the constitutionality of the acts establishing the Economic and Financial Crimes Commission and two others.
The News Agency of Nigeria (NAN) reports that the other agencies are the Independent Corrupt Practices and other related offences Commission (ICPC) and the Nigerian Financial Intelligence Unit (NFIU).
In the lead judgment by Justice Uwani Abba-Aji delivered on Friday, the Supreme Court resolved the six issues raised for determination in the suit against the plaintiffs.
The court held that the laws establishing the anti-corruption agencies were validly enacted by the National Assembly within its legislative competence.
It faulted the claim by the plaintiffs that the EFCC Act, being a product of the United Nations convention on corruption, ought to be ratified by majority of the state houses of assembly.
Delivering judgement on Friday, Justice Abba-Aji ruled that “the EFCC Act, which was not established from a treaty but a convention, does not need the ratification of the houses of assembly.”
News
Executive Secretary FCDA Hadi Ahmad suspended indefinitely
Executive Secretary FCDA Hadi Ahmad suspended indefinitely
Executive Secretary, Federal Capital Development Authority FCDA, Engr. Shehu Hadi Ahmad, has been suspended indefinitely.
His suspicion was on the order of the Minister of the Federal Capital Territory, Nyesom Wike.
Senior Special Assistant on Public Communications and New Media to the Minister, Lere Olayinka, disclosed this in a statement on Thursday evening.
No reason was given for the suspension.
Ahmad was directed to hand over to the Director, Engineering Services in the FCDA.
The statement read: “The Executive Secretary, Federal Capital Development Authority FCDA, Engr. Shehu Hadi Ahmad, has been suspended indefinitely.
“According to a statement on Thursday, by Lere Olayinka, Senior Special Assistant on Public Communications and New Media to the Minister of Federal Capital Territory FCT, Nyesom Wike, the suspension of Engr Hadi Ahmad is with immediate effect.
“The suspended Executive Secretary has consequently been directed to hand over to the Director of Engineering Services, Engr in the FCDA.”
-
Sports1 day ago
BREAKING: Super Eagles qualify for AFCON 2025
-
Aviation1 day ago
Disaster averted as bird strike hits Abuja-Lagos Air Peace flight
-
metro13 hours ago
Court orders varsity to pay lecturer N40m compensation for wrongful dismissal
-
Education2 days ago
12-year-old Nigerian girl Eniola Shokunbi invents air filter to reduce spread of diseases in US schools
-
Opinion12 hours ago
Apomu king turns warmonger for PDP
-
Politics2 days ago
Why I can’t form coalition with Peter Obi – Sowore
-
News1 day ago
Edo Gov Okpebholo freezes govt accounts, reverses ministry’s name
-
News3 days ago
Two Nigerian companies developed contactless passport renewal – FG