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Minimum wage: Tinubu tells labour to be realistic
Minimum wage: Tinubu tells labour to be realistic
President Bola Tinubu has called on labour leaders to make a realistic demand for new minimum wage by considering the present economic structure of the country.
Speaking with the leadership of the Nigeria Labour Congress (NLC) led by Comrade Joe Ajaero and that of the Trade Union Congress of Nigeria (TUC) led by Comrade Festus Osifo, on Thursday in Abuja, Tinubu said Nigerian workers deserve improved welfare, better wages, as well as safe and enhanced working conditions as the driving force of the nation.
The President said he is concerned about the welfare of Nigerian workers and that his administration is prioritizing their concerns.
A statement signed by spokesman to the president, Ajuri Ngelale, quoted Tinubu as saying : “I pay attention to everything around me. A happy worker is a productive worker. And society depends on the productivity of the happy worker.”
However, the President called for realistic expectations as regards the minimum wage question, stating: “You have to cut your coat according to available cloth. Before we can finalize on the minimum wage process, we have to look at the structure.”
“Why must we adjust wages every five years? Why not two? Why not three years? What is a problem today, can be eased up tomorrow. There is much dynamism to this process if we are not myopic in our approaches. We can take a surgical approach that is based on pragmatism and a deep understanding of all factors.”
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In his remarks, the NLC President, Comrade Ajaero, emphasized the need for an upward adjustment to the minimum wage, noting: “Between living wage and minimum wage, we need to find a balance. Things are difficult for the Nigerian worker.”
He congratulated the President on the judgement of the Supreme Court affirming the constitutional rights of local governments as regards financial autonomy and other salient principles.
“I have to congratulate you on the issue of local government autonomy. We have been in the streets protesting for local government autonomy. Now that there is light at the end of the tunnel, it will amount to ungratefulness if we fail to commend you,” the NLC President said.
The TUC President, Comrade Osifo, said inflation has adversely affected the value of the naira and that the measures initiated by the government to address the rising cost of food and transportation need to kick in to give citizens relief.
He said the rollout of Compressed Natural Gas-powered buses will help in checking the high cost of transportation, while the recent directive on the suspension of duty on certain food imports will bring down the prices of food items, if properly implemented.
“We commend you on the landmark judgement of the Supreme Court. History will not forget what has happened today. With this judgement, we believe Nigeria will make progress,” the TUC President also said.
Further talks were adjourned until next week to allow for wider consultation with all stakeholders.
Minimum wage: Tinubu tells labour to be realistic
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Tinubu extremely wealthy, can’t loot Nigeria’s treasury, says minister
Tinubu extremely wealthy, can’t loot Nigeria’s treasury, says minister
The Minister of State for Youth Development, Ayodele Olawande, has described President Bola Tinubu as an epitome of wealth with no interest to loot Nigeria’s resources.
Olawande stated this while speaking at the Joint Union Negotiating Council’s week of the Federal Ministry of Youth Development branch in Abuja.
The minister also appealed to Nigerians to be patient with the president, noting that in no distant time there will be positive changes.
He said, “I urge you to be patient with this administration. In no distant time, the country will take good shape and the lives of the citizens will be transformed.
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“President Bola Ahmed Tinubu is not a pauper; he is an acknowledged epitome of wealth and so it cannot be said of him that he desires to loot the treasury of Nigeria.”
Olawande continued, “He has seen money and as a result of this, he is not interested in looting the nation’s treasury.”
He emphasized that the administration is putting in efforts to transform the lives of Nigerians through various policies of the federal government.
Olawande thanked the staff of the ministry for being supportive of the government policies and assured them that their welfare will not be compromised.
Tinubu extremely wealthy, can’t loot Nigeria’s treasury, says minister
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BREAKING: Nigeria’s inflation rate slows for second consecutive month to 32.15% – NBS
BREAKING: Nigeria’s inflation rate slows for second consecutive month to 32.15% – NBS
Nigeria’s headline inflation rate eased to 32.15% in August 2024 down from the 33.40% recorded in July 2024, reflecting a decrease of 1.25 percentage points.
This represents the second consecutive monthly slowdown in inflation after easing in the previous month.
This is according to the Consumer Price Index (CPI) report published by the National Bureau of Statistics (NBS).
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However, on a year-on-year basis, the August 2024 inflation rate was 6.35 percentage points higher than the 25.80% rate recorded in August 2023, indicating a significant increase over the past year.
On a month-on-month basis, the inflation rate in August 2024 stood at 2.22%, slightly lower than July’s rate of 2.28%, signaling a slower pace in the increase of the average price level compared to the previous month.
BREAKING: Nigeria’s inflation rate slows for second consecutive month to 32.15% – NBS
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Edo poll: Six persons arrested in Benin hotel with fake PDP letterheads, forged signatures
Edo poll: Six persons arrested in Benin hotel with fake PDP letterheads, forged signatures
Operatives of the Nigeria Police Force have arrested six young men in a hotel located in the Government Reserved Area (GRA) of Benin City with fake letterheads, stamps, and forged signatures belonging to the Peoples Democratic Party (PDP) and its chieftains.
The young men, who were apprehended with incriminating materials such as printers, mobile phones, power banks, laptops, and a photocopy machine, are believed to have been involved in drafting and circulating fake PDP letters and statements.
Their objective was to paint the PDP as instigators of unrest ahead of the forthcoming Edo governorship election, scheduled for Saturday, September 21, 2024.
The arrest, which was made following a tip-off, uncovered an elaborate scheme allegedly designed to discredit the PDP and its leaders by sending fabricated documents to unsuspecting journalists.
These fake letters and statements, according to police sources, were intended to portray the party as warmongers and troublemakers in the run-up to the critical election.
A police officer involved in the operation, who asked to remain anonymous, revealed that the suspects had been using the hotel as their base of operations for weeks.
“We found that these individuals were using forged PDP letterheads, stamps, and signatures to create fake documents.
“Their goal was to send out these documents to journalists in an attempt to misrepresent the PDP and create an atmosphere of tension ahead of the elections,” the officer said.
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In addition to the counterfeit materials, the police discovered that the young men had several technological devices, including laptops and printers, which they used to produce and disseminate the fraudulent documents.
“Their setup was sophisticated. They had everything they needed to make the documents appear legitimate, from forged letterheads to printers.
“We also found power banks, mobile phones, and a photocopy machine, which they used to mass-produce the fake letters,” the officer added.
Further investigation has revealed that the six young men were funded by a chieftain of the All Progressives Congress (APC) in the state.
Meanwhile, another police source disclosed that the Nigeria Police Force, Edo State Command, has come under intense pressure from senior APC figures, who are reportedly pushing for the release of the arrested men.
“Since the arrest, there has been immense pressure on us from certain chieftains within the APC, urging the command to release these individuals.
“We believe that their involvement with these young men is being covered up, and they are worried about the potential fallout from this arrest,” the source noted.
A journalist with one of the prominent national newspapers, who had been unknowingly receiving fake statements from the group, expressed shock upon hearing about the arrests.
“It’s alarming to think that we’ve been receiving statements from people who were impersonating the PDP. This shows how low some people will go to try and sabotage the other party. The integrity of this election is now under serious question,” the journalist stated.
The Edo State Police Command has yet to issue an official statement on the matter, but sources within the command say investigations are ongoing, and the suspects remain in custody.
Edo poll: Six persons arrested in Benin hotel with fake PDP letterheads, forged signatures
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