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Labour Reduces Minimum Wage Demand From N500,000 To N497,000 As FG Offers N57,000

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  • Negotiations to continue next Tuesday

The tripartite committee on the new minimum wage has postponed its decision until Tuesday, May 28 in order to continue its discussion after its meeting in Abuja on Wednesday came to an impasse once more.

At the meeting on Wednesday, the Federal Government, organised labour, and the organised private sector were unable to agree on a new minimum wage.

It was gathered that sources at the meeting said that the government initially stood its ground on the N54,000 it proposed on Tuesday, citing paucity of funds.

However, the government was forced to propose the sum of N57,000 after the committee took a 30-minute break to make further deliberations.

The highly informed sources noted that at the end of the break, both the government and the OPS proposed the sum of N57,000 as minimum wage.

The sum was, however, rejected by labour.

“The final proposal from labour was N497,000 and that was after the government and the private sector proposed N57,000.

“Initially, the government refused to shift grounds on the N54,000 it proposed earlier, noting that it didn’t have enough funds to pay. However, we took a 30-minute break to make further deliberations.

“We as Labour reject the proposed N57,000 and the meeting has been adjourned till Tuesday next week.

“Governors Obaseki and Uzodinma were present while Governor Soludo joined us via Zoom. The government needs to be serious as regards these negotiations.”

According to The Punch, a senior official of Nigeria Labour Congress (NLC) said, “The outcome of the negotiation of the National Minimum Wage Committee with the Federal Government is not encouraging. The Federal Government increased it from N54,000 to N57,000, and the organised labour moved from N615,000 to N500,000, and then to N497,000 and the meeting has been adjourned to next week Tuesday.”

He noted that NLC and TUC normally meet before the negotiation meetings commences “to ask ourselves the direction to go.”

President Tinubu through Vice President Kashim Shettima, had on January 30, 2024, inaugurated the 37-member Tripartite Committee on Minimum Wage to come up with a new minimum wage ahead of the expiration of the current N30,000 wage on April 18.

With its membership cutting across federal and state governments, the private sector and organised labour, the panel is to recommend a new national minimum wage for the country.

During the inauguration of the panel, Shettima urged the members to “speedily” arrive at a resolution and submit their reports early.

“This timely submission is crucial to ensure the emergence of a new minimum wage,” Shettima said.

In furtherance of its assignment, a zonal public hearing was held simultaneously on March 7 in Lagos, Kano, Enugu, Akwa Ibom, Adamawa, and Abuja.

The NLC and the TUC in different states proposed various figures as a living wage, referencing the current economic crunch and the high costs of living.

In their different proposals on the minimum wage, the NLC members in the South-West states demanded N794,000 as the TUC suggested N447,000.

At the North-Central zonal hearing in Abuja, the workers demanded N709,000 as the new national minimum wage, while their counterparts in the South-South clamoured for N850,000.

In the North-West, N485,000 was proposed, while the South-East stakeholders demanded N540,000 minimum wage.

But organised labour settled for N615,000 as a living wage.

BIG STORY

Reps Kick As Ibas Allocates N24bn For CCTV, N30bn For Gunboats In Rivers’ 2025 Budget

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The ad hoc committee of the house of representatives overseeing Rivers state has criticised Ibok-Ete Ibas, the state’s sole administrator, over certain allocations in the N1.48 trillion 2025 budget.

The senate had approved the N1.48 trillion appropriation bill for Rivers state on June 25.

A breakdown of the budget shows that N120.8 billion is designated for debt servicing, N287.38 billion for recurrent non-debt spending, and N1.077 trillion for capital projects.

At a budget defence session in Abuja on Monday, Julius Ihonvbere, the house majority leader and chair of the ad hoc committee, highlighted several concerns after reviewing the proposal.

Ihonvbere raised questions about the N24 billion set aside for CCTV, the N30 billion allocated for gunboats, and the N23 billion marked as contingency funds. He called for a full explanation and justification of these figures.

He noted that the budget lacked a medium-term expenditure framework (MTEF), which is a statutory requirement.

Ihonvbere also questioned the state’s decision to finance federal projects without a formal reimbursement agreement from the federal government.

He requested detailed records of local government fund transfers, including how third-tier funds are currently managed.

“We need additional details for those allocations. We request details of the state’s Internally Generated Revenue (IGR) in the last three months,” he said.

“That will enable us to know your financial flows so that we can weigh it against the deficit in the budget in terms of financing it and carrying out some of the projects.

“We also need details of transfers to local governments — essentially, how local government funds that came into the state are being managed at the moment.

“Those documents we have requested must reach us within 48 hours; rest assured that we are all on the same side in terms of getting Rivers working again.

“We want to ensure that we promote a lot of accountability and ensure that the interests of the people themselves, no matter how remote they are from the state capital, are protected.”

Responding for Ibas, Andrew Nweke, senior special assistant on strategy and policy, explained that many of the budget items were inherited by the current administration.

He said the allocations align with the priorities identified by the people of Rivers, following assessments conducted by implementing agencies.

Nweke said the CCTV allocation was intended for installing modern surveillance systems at the government house.

He also said the gunboats were designated for supporting security agencies in patrolling the state’s waterways.

He added that the contingency funds would be used to address emergencies such as flooding and insecurity.

He assured the committee that the requested documents would be submitted.

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BIG STORY

Tinubu Conferred With Knight Commander Of The Order Of Saint Lucia

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The Saint Lucian government has awarded President Bola Tinubu the title of Knight Commander of the Order of Saint Lucia (KCOSL), the country’s highest distinction.

“The Government of Saint Lucia is pleased to announce that, the Governor General has conferred the title of Knight Commander of the Order of Saint Lucia (KCOSL) upon H. E. Bola Ahmed Tinubu, GCFR, President of the Federal Republic of Nigeria,” the country revealed in a post on X.

Tinubu landed in Saint Lucia on Saturday as part of a diplomatic visit to two nations in the Caribbean and South America.

He had earlier addressed a joint session of the Saint Lucian senate and house of assembly.

During his address, Tinubu emphasized the importance of unity among Africans and those of African descent, stressing their common future.

“My visit to Saint Lucia is in keeping with the ideal of building the bridge between Africa and the Caribbean and creating a pathway to deepen economic ties and foster mutual cooperation. It also reflects our desire as a people to advance prosperity, sustainable development, and strengthen familial bonds,” he said.

“Nigeria and the island of Saint Lucia are bound by history, culture, and common aspirations. Our administration is determined to nurture and expand bilateral relations on trade, investment, tourism, education, and cultural exchange, as well as improve consular services for the citizens of both our nations.”

The Saint Lucian government has also announced plans to formalise diplomatic relations with Nigeria, aiming to build a structured platform to deepen collaboration in various mutually beneficial sectors.

“Saint Lucia and the Federal Republic of Nigeria will establish a visa waiver arrangement for holders of diplomatic and official passports from OECS member states,” the government stated.

“Nigeria will provide scholarships to citizens of OECS member countries and extend the services of the Nigerian Technical Aid Corps (TAC) to OECS countries.”

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BIG STORY

Ibadan Poly Students Shut Down School Gates, Block Road Over Renaming to Olunloyo Polytechnic

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Students of The Polytechnic, Ibadan, have launched a large-scale protest following the decision to rename the institution to Omololu Olunloyo Polytechnic, Ibadan.

Gathering in significant numbers, the students closed off the main gate at the South Campus along with other entrances to express their disapproval of the development.

Governor ‘Seyi Makinde had earlier declared during a brief speech at the interdenominational commendation service for the late former governor at Obafemi Awolowo Stadium, Ibadan, that the institution would now be known as “Omololu Olunloyo Polytechnic, Ibadan.”

Previously, the students, through a statement issued by the Student Union Government President, Comrade Oladipupo Olamide, voiced their opposition, calling the renaming “unjustifiable and degrading.”

The protest has caused a major traffic disruption on the busy Sango-Eleyele Road in Ibadan, Oyo State’s capital, leaving many commuters stranded.

In a statement signed by the Executive Chairman, Maj. Adekoya RTd, the Oyo State Road Transport Management Agency advised road users to take alternate routes until the “temporary” road closure is resolved.

According to the release: “The general public are hereby informed of an ongoing student protest at The Polytechnic Ibadan, main Gate, the road in front of the school gate has been temporarily blocked.

“Motorists heading towards Eleyele, Apete, Ijokodo, and nearby areas axis from Sango and vice visa are advised to take alternative routes through Dugbe, Mokola or Ajibode to avoid delays and unnecessary confrontation.

“We appeal to all road users to remain calm, cooperate with traffic officers, and follow all traffic diversion signs.

“Thank you for your understanding.”

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