Balancing Economic Factors in Minimum Wage Policy Formulation

Nigerians are currently facing a severe increase in the prices of goods and services, beginning in 2022 due to global supply chain issues, the Russia-Ukraine war, and domestic insecurity. This inflation was exacerbated by the removal of the fuel subsidy on May 29, 2023, leading to a 223% rise in petrol prices and the... Read More

Danger Ahead: Specialists Discuss Potential Impact of Minimum Wage Struggle

Experts Warn of Economic Perils Amid Minimum Wage Dispute Industry experts and financial analysts warn that the economy is on a difficult path to recovery, and the ongoing minimum wage agitation and reintroduction of the fuel subsidy will further complicate the prospects for early recovery. Organised Labour stated over the weekend that President Bola... Read More

National Grid Shutdown During Strike Draws Strong Reactions From Citizens

As organized labour and workers anxiously await an update on the minimum wage struggle, reactions have continued to trail the shutdown of the national grid by the unions during the two-day nationwide strike. The Nigeria Labour Congress (NLC) and the Trade Union Congress (TUC) initiated an indefinite strike on Monday, demanding an increase in... Read More

Minister of Finance Wale Edun submits minimum wage cost to Tinubu

Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has submitted the projected cost implications of implementing a new national minimum wage to President Bola Ahmed Tinubu. On Thursday, June 6, Edun delivered the document just two days after Tinubu directed him to present a proposed new minimum wage figure along with... Read More

Tinubu Orders Immediate Cost Assessment of Minimum Wage Raise by Finance Ministry

FCT – President Bola Tinubu has issued a directive to the Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, to prepare and present the cost implications of a new minimum wage by the end of the day. This urgent directive comes as the government seeks a sustainable and realistic figure... Read More

Journalists Denied Access to OSGF as Akume Holds Closed-Door Meeting with Labour

The ongoing strike by the Nigeria Labour Congress (NLC) and Trade Union Congress (TUC) took a dramatic turn on Monday evening when soldiers and security personnel blocked journalists from accessing the Office of the Secretary to the Government of the Federation (OSGF). The venue was hosting a crucial meeting between labour leaders and government... Read More