Minimum wage: New law to sanction defaulting states coming - Senate   – Newstrends
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Minimum wage: New law to sanction defaulting states coming – Senate  

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Minimum wage: New law to sanction defaulting states coming – Senate  

 

The National Assembly is proposing a legislation to compel all the 36 states of the federation to adhere strictly to the new minimum wage figure that will be passed into law.

Chairman, Senate Committee on Media and Publicity, Senator Yemi Adaramodu (APC, Ekiti South), stated this during an interview with newsmen in Abuja, on Friday.

But immediate past governor of Ekiti State, Dr Kayode Fayemi, has aligned with state governors that state governments should be allowed to pay what they can afford.

President Bola Tinubu is expected to forward to the National Assembly a new minimum wage after the negotiation committee has presented their proposals to him.

While the Federal Government team has proposed N62,000, the Nigerian Labour Congress (NLC) and the Trade Union Congress (TUC) are insisting on N250,000.

But the 36 states governors under the umbrella of the Nigerian Governors’ Forum (NGF) have rejected the FG’s proposal, saying if implemented, some states would have to borrow to pay salaries.

However, Senator Adaramodu said the proposed legislation would be enacted to ensure that states which do not comply with the new figure are sanctioned accordingly.

He said, “We are going to do a watertight Bill that we are proposing that the President will sign it to ensure that it is strictly adhered to as a law.

“Once it becomes law, we are going to make it watertight, and don’t let us just speculate what is going to be the ingredient that the federal government would be putting into the bill that will be brought by the executive to be submitted to the National Assembly.

“When it comes, whatever is there and whatever is not there, we are going to ensure that it’s going to be watertight; that it’s going to be obeyed by all. And from that, again, when we are talking of minimum wage, is it about federal government alone?

“Because it seems that it is a fight between the Federal Government and labour. That’s the way everybody is looking at it. So we keep mentioning the Federal Government, we keep mentioning the President Tinubu and labour.

“But like I said, the National Assembly is going to do this law seriously watertight that either the state or subnational or organised private sector that does not comply, there is going to be sanction for it.”

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Ex-Senate President Pius Ayim dumps PDP for APC 

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Ex-Senate President Pius Ayim dumps PDP for APC 

 

Former Senate President, Anyim Pius Anyim, on Saturday formally joined the ruling All Progressive Congress(APC), dumping the Peoples Democratic Party (PDP).

He announced this at the Pa Oruta Ngele Township Abakaliki during the Grand Finale of the APC local government election Campaign.

Ayim led a host of other notable personalities across other political parties including former state and National Assembly members, former governorship candidate of Labour Party, Edwin Nkwegu, Senator Obinna Ọgba, former national and state assembly candidates, with hundreds of their supporters to join the party.

The new members were received by APC National Chairman, Dr Abdullahi Ganduje, Chairman of Progressive Governors Forum, Governor Hope Uzodinma of Imo State, Governor Francis Nwifuru of Ebonyi State and Minister of Works, David Umahi, state chairman of the party, Stanley Meghan, and other leaders of the party.

Speaking at the event, the Minister of Works, David Umahi, praised Anyim for all the support he gave to the APC during the 2023 elections.

He also thanked President Bola Tinubu for all the support given to him when he faced legal battles after joining the party.

He said, “President Tinubu called me to come and see him and when I came he carried me in his car personally to meet a Senior Advocate of Nigeria who handled our case.”

Minister Umahi noted that he faced serious attacks and conditions for deciding to join the APC but was grateful that today the party had become the beautiful bride of all in the state and southeast.

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SEC okays RT Briscoe’s N10bn fund raising plans

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SEC okays RT Briscoe’s N10bn fund raising plans

 

RT Briscoe Nigeria Plc has secured approval of the Securities and Exchange Commission to raise N10bn through a newly introduced savings and investments scheme.

Group Managing Director/Chief Executive Officer of RT Briscoe Nigeria, Mr Seyi Onajide, disclosed this in Lagos during an interactive session with journalists.

He also spoke on the company’s commencing the conversion of petrol/diesel vehicles to run on compressed natural gas.

Onajide in a statement said the savings and investment scheme would allow the rich, semi-rich, and the poor to participate in the N10bn fund raising.

The scheme is open to both existing RT Briscoe’s 43,000 share holders and non-share holders.

Onajide said the investment would go to a trustee, already set up by SEC, who would keep the invested sum with interest until the trustee calls a meeting of all subscribers to decide if their money should be converted to Briscoe shares or not.

“The savings and investment initiative gives opportunities to all interested parties to grow funds either to buy Briscoe shares or not. There will be additional benefits for those who end up choosing to buy Briscoe shares,” he said.

He said RT Briscoe remained committed to meeting its debt repayment obligations to banks coming with interest and charges, but promised that the debt would be resolved before converting the savings into shares.

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Rear Admiral Madueke wants court to stop ex-wife Diezani from using his name

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Diezani Alison-Madueke and Rear Admiral Madueke

Rear Admiral Madueke wants court to stop ex-wife Diezani from using his name

Rear Admiral Alison Amaechina Madueke has petitioned a Lagos High Court to issue an injunction preventing his ex-wife, Diezani Alison-Madueke, from using his first name (Alison) and surname (Madueke) following their divorce.

He has requested that the court order Diezani to revert to her maiden name, Diezani Kogbeni Agama, and to publicly announce this change in newspapers in both Nigeria and the United Kingdom.

The petition, filed under suit number LD/15144HD/2024, claims that Diezani’s continued use of his name poses significant legal and financial risks to him due to her ongoing criminal trials in Nigeria and the UK. Alison Madueke cited that they ceased cohabiting in May 2015 following her ministerial appointment.

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Diezani later filed for divorce in November 2021, which was finalized on April 13, 2022, by Hon. Justice A.A. Ozegya at the High Court of Nassarawa State, Mararaba Gurku Judicial Division.

The retired naval officer expressed that the ongoing association of Diezani with his name is causing embarrassment and damage to his reputation and public image.

Despite the legal dissolution of their marriage, Diezani continues to use his name without justification or consent, creating a false impression of an ongoing relationship.

Alison Madueke has also stated that he had instructed his solicitors, Messrs Foundation Chambers, to send a formal letter to Diezani on December 14, 2023, requesting her to cease using his name and revert to her maiden name.

The petition seeks to enforce this change formally and to ensure public notification of her name reversion.

Rear Admiral Madueke wants court to stop ex-wife Diezani from using his name

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