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Tinubu says new minimum wage ready for legislative action

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Tinubu says new minimum wage ready for legislative action

President Bola Tinubu said on Wednesday that an agreement had been reached on a new minimum wage between the Federal Government and organised labour.

He stated this in his national broadcast to mark the 2024 Democracy Day in Abuja.
Tinubu added that an executive bill would soon be sent to the National Assembly to legalise the new minimum wage.

He said, “We have negotiated in good faith and with open arms with organised labour on a new national minimum wage.

“We shall soon send an executive bill to the National Assembly to enshrine what has been agreed upon as part of our law for the next five years or less.”

He said his administration chose a democratic approach over dictatorship in addressing the demands of labour.

“In the face of labour’s call for a national strike, we did not seek to oppress or crack down on the workers as a dictatorial government would have done. We chose the path of cooperation over conflict.

“No one was arrested or threatened. Instead, the labour leadership was invited to break bread and negotiate toward a good-faith resolution. Reasoned discussion and principled compromise are hallmarks of democracy.

“These themes shall continue to animate my policies and interaction with the constituent parts of our political economy,” Tinubu said.

The President added, “I take on this vital task without fear or favour and I commit myself to this work until we have built a Nigeria where no man is oppressed.

“In the end, our national greatness will not be achieved by travelling the easy road. It can only be achieved by taking the right one.

“The words of the American President Franklin Roosevelt certainly ring true: There are many ways of going forward. But only one way of standing still.”

The labour had settled for N250,000 as new minimum wage, while the Federal Government team stayed on N62,000, both proposals were sent to President Tinubu at the close of negotiation on the issue.

This came after several failed meetings between the government and labour unions.

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NASS members victimising me for not signing dubious loan – Minister

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Minister for Women Affairs, Uju Kennedy-Ohanenye

NASS members victimising me for not signing dubious loan – Minister

Embattled Minister of Women Affairs, Uju Kennedy-Ohanenye, claims she is being targeted by government cabals for refusing to sign a $500 million World Bank loan request.

In a phone interview with THISDAY, Kennedy-Ohanenye asserted that her refusal to sign the loan, which included an earlier $100 million case, has led to significant pressure and threats against her.

Kennedy-Ohanenye revealed that World Bank staff in Nigeria allegedly take back 40 percent of such loans as consultation fees. She stated, “All the loans they collect, including World Bank loans, are you aware that the same World Bank staff in Nigeria takes back 40 percent and calls it consultation fees? These are things you people should look into. You people should focus on where the problem is and let them leave me alone.”

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She emphasized that her life is now at risk due to her stance on the loan, mentioning the potential personal financial gain she turned down. “If I sign that loan today, I am entitled to five percent of the money, but I refused to sign it. It is part of why the National Assembly and all of them are after me.”

The minister highlighted the alleged misuse of the loan, suggesting the funds could be better utilized directly to support women rather than on consultations. She questioned the necessity of spending $100 million on teaching women how to save money, arguing for a more direct allocation to the women in need.

This controversy follows a tense interaction on July 10, 2024, between Kennedy-Ohanenye and the House of Representatives Committee on Women Affairs and Social Development over the alleged diversion of N1.5 billion meant for contractor payments.

NASS members victimising me for not signing dubious loan – Minister

(DailyTrust)

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Reps probe missing crude, contaminated fuel

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Reps probe missing crude, contaminated fuel

The Joint Committee of the House of Representatives, which is conducting a forensic inquiry into the difficulties facing the downstream and midstream petroleum industries, has begun looking into claims of the importation of contaminated Premium Motor Spirit, popularly known as fuel, into the country. 

The committee’s chairman, Ikenga Ugochinyere, announced this at the panel’s formal inauguration in Abuja on Monday.

The investigation team will also examine reports of crude oil theft at local refineries, distribution disruptions, and favouritism in the pro forma invoice regime, among other issues.

Briefing reporters at the event, Ugochinyere said, “The committee will conduct a legislative forensic investigation into the presence of middlemen in crude trading, the indiscriminate issuance of licenses, and the alleged unavailability of international standard laboratories to check adulterated products.”

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He mentioned that the panel would also probe the possible influx of contaminated products into the country and “the allegation of non-domestication of profits realised from crude marketing sales in local banks, abuse of the PFI regime, and importation of products already being produced in Nigeria.”

Meanwhile, the panel plans to visit petrol stations around the country to collect samples of their products for laboratory testing to ensure their purity.

The mandate of the joint committee follows the approval of a motion on July 9, 2024, on the “urgent need to carry out a legislative forensic investigation into the challenges affecting the downstream and midstream petroleum sectors in Nigeria and other related matters to find out a lasting solution to all challenges” affecting the petroleum industry.

Reps probe missing crude, contaminated fuel

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Hardship: FCT police begs residents not to join protest

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FCT Police Commissioner, Benneth Igweh

Hardship: FCT police begs residents not to join protest

As the date for proposed protest against economic hardship in the country by unnamed groups draw near, the Commissioner of Police, FCT, CP Benneth Igweh has appealed to residents of Abuja not to join the protest so as to prevent the destruction of new infrastructure recently put in place by the FCT administration and President Bola Tinubu.

This is just as the CP paraded the mastermind of the armed robbery gang that killed retired Brigadier General Uwen Harold Udokwerre in Abuja on June 22, 2024

Speaking on the proposed strike, Igweh said, “Lions do not destroy their den. We have toiled so much to ensure and provide security for the FCT. In the cause of this, we have gone to Kaduna, we have gone to Kogi, we have gone to Nasarawa to fish our criminals who came to disturb the peace of Abuja.

“In this process, we have lost officers. Last week we lost two officers, the previous week, we lost one officer over efforts at providing security and safeguarding residents. We dont want to lose any more person.

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“So please dont allow the destruction of what the minister, what Mr President is doing. We have been in this FCT, we know when there is changes, roads, infrastructure. I am pleading with residents, do not join this protest

“We don’t want miscreants to come from outside the FCT to come and start destroying them. We will go back to square one where we were before. I plead, I beg of you, do not join this protest.

“Let us continue collectively to make FCT safe. Let them go and do what they want to do. But not with us. Act maturely. Act maturely. Act like people who appreciate. Even the loss we have been losing to ensure your safety. Use it to appreciate us. If you give it to us, we will be very happy. We will continue to provide security for you.

On the arrest in the mastermind, CP Igweh said, “Last time, I did show you the four killers, kidnappers, and robbers that went and killed Brigadier General Uwem Harold Udokwerre retired. Today, I will show you the organizer of the killing and the robbery.

“We have also recovered the general’s gun that was with him. We have recovered the wristwatch of the general and the wife’s jewelry which they all robbed from the general’s house.

“The organizer is here and we have arrested him. He is Alhaji Ashiru. He has had been arrested before for crime and jailed in prison and escaped during the jail break.

Hardship: FCT police begs residents not to join protest

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