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President Tinubu Orders Timely Conclusion Of Minimum Wage Talks

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Nigeria’s President, Asiwaju Bola Ahmed Tinubu, yesterday mandated the  37-man committee saddled with the responsibility of making recommendations for a new minimum wage to submit its report within a short time.

The president officially opened the Tripartite National Minimum Wage Committee Wednesday in Abuja.

Governors applauded the committee’s formation and pledged to see to it that it is carried out.

Six governors, a few ministries, and representatives from the business and labour unions make up the committee’s membership.

Otu Bassey of Cross River State represents the South-South; Mohammed Bago of Niger State represents the North Central; Bala Mohammed of Bauchi State represents the North East; Dikko Radda of Katsina State represents the Northwest; Charles Soludo of Anambra State represents the Southeast; and Ademola Adeleke of Osun State represents the Southwest.

Other members are the Ministers are Minister of Finance and Coordinating Minister of the Economy, Wale Edun; Minister of Budget and Economic Planning, Atiku Bagudu; the Head of the Civil Service of the Federation, Dr. Yemi Esan, and the Minister of State for Labour and Employment, Nkeiruka Onyejeocha.

Represented by Vice President Kashim Shettima, President Tinubu also directed the Bukar Goni Aji-led Committee to ensure their decisions are firmly rooted in social justice and equity.

To guarantee sustainability across the tiers of government, the President said the committee should pay attention to the ability of all parties to pay the new wage.

President Tinubu said the timely submission of the report is very critical to the take-off of the new  wage regime.

He, however, disclosed that he has already instructed the Minister of Finance and Coordinating Minister of the Economy to make funds available to the committee for the assignment.

The President said government’s decision, following the consideration of the final recommendation, will be presented as an Executive Bill to the National Assembly.

He added: “This bill, enriched by the contributions of state governments and private sector employers, will undergo thorough legislative scrutiny before being passed into law.”

Emphasising the import of social justice and equity, the President said “our objective should be to surpass the basic Social Protection Floor for all Nigerian workers, considering the sustainable payment capacity of each tier of government and other employers or businesses.

“I express this viewpoint because the minimum wage represents the least amount of compensation an employee should receive for their labor, and as such, it should be rooted in social justice and equity. I hope that the results of your deliberations will be consensual and acceptable to all parties involved.”, he added.

President Tinubu reaffirmed his administration’s promise to improve the welfare of  workers and, by extension, the entire nation, saying: “The labour force stands as the cornerstone of the progress of every nation, and ours has been the enduring engine of our pursuit of development.”

He directed that governors, ministers and the Head of the Civil Service of the Federation, who are members, to personally attend the  committee meetings and in the event where they are unavoidably absent, their deputies, commissioners and Permanent Secretaries should represent them.

President Tinubu said: “Recognizing the significance of this initiative and to ensure a substantial engagement, I hereby direct that Ministers and the Head of the Civil Service of the Federation should personally attend the meeting. In their unavoidable absence, their Permanent Secretaries should represent them.

“Similarly, governors are expected to attend in person or be represented by their deputies or commissioners where necessary. I urge you to consider the issue of a National Minimum Wage and all related matters with thoroughness and concern, keeping in mind not only the welfare of our workforce but also the impact on the country’s economy.”

  • Governors Need Alternative Funding — Bago

Speaking on behalf of his colleagues, Bago said  states will find alternative ways of funding to meet the demand of new minimum wage.

He said: “We don’t want to preempt the outcome of this meeting, but you need to understand that the sub-nationals also have challenges and that the Federal Government, in its own wisdom, has brought the sub-nationals into perspective and this discussion will be done together with the sub-national. So, I’m not sure we’re going to foresee any challenge.”

“We are looking for alternative ways of funding and we’re assured that with the backward integration in the economy, a lot of us will be able to stand tall to this challenge.”

The Secretary to Government of the Federation, Sen. George Akume, urged the committee to give its best to satisfy the hopes and aspirations of millions of workers.

He said the inauguration of the committee was in fulfilment of the promise of the Tinubu administration to embark on a comprehensive review of the minimum wage

The Chairman of the Tripartite Committee, Alhaji Bukar Goni Aji, assured the President that the committee will do justice to the task.

He said: “We shall, by God’s grace, carry out extensive consultations with key stakeholders to arrive at a new minimum wage that is fair, practical and implementable,” Aji, a former Head of Service of the Federation, noted.

The President of the Trade Union Congress of Nigeria (TUC), Festus Osifo, said the proposed minimum wage should be very unique,  urging the committee to be guided by the harsh economic conditions of workers.

Osifo said: “We’ve had a lot of minimum wage negotiations over the years, but this one will stand out, it will stand out because we have never seen a time like this in Nigeria. So, this is a period where people are passing through pains, in fact, the purchasing power of an average Nigerian worker, and indeed the entire Nigerian masses, has been eroded. So we are going to put on our thinking cap we are going to press to get the best for the working people of Nigeria.”

The Life Vice President of the Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA), Mr Humphrey Ngonadi, who is also a member of the committee, urged the Federal Government to tame the escalating prices of commodities in the market for the proposed upwards review to be meaningful.

Ngonadi also suggested that to tame market prices of commodities, government must manage the volatile foreign exchange market by shoring up the value of the Naira against major foreign currencies.

He said: “I thank God for this initiative that government is taking at this particular place, but I’m still being worried. We may remember some time long ago there was an Udoji Award and that was the first time salaries of workers were increased and immediately after the increment, the commodity in the market ran up to meet.

“So, while we are talking about minimum wage, I think government, on its own side, has to think on how to bring down the prices of commodities in the market.

“If a worker is paid N1 million as the minimum wage and a bag of rice is N900,000, the N1 million still has no meaning. So what I think is while we are thinking of minimum wage, to hike the salary of the worker, the government, on its own side, has to think of how that money will have value.”

He added: “Having value is if a bag of rice that was N8000 yesterday is now N50,000 and you increase the salary of the workers and the price or price will be N200,000, the salary increase has no value. So I think the government is now going in the right direction, also, while we increase the salary of the workers, let government work on the prices of commodities to come down.

“If the dollar will step down now, the prices of commodities will step down. My mind is going that way.”

BIG STORY

COALITION: We’ll Register New Party As Backup To ADC — El-Rufai

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A leader of the Social Democratic Party, SDP, and an important figure in the opposition coalition, Nasir El-Rufai, stated that a new political party would be registered as a backup for the African Democratic Congress, ADC.

El-Rufai explained that the new party would serve as an alternative option to guard against potential infiltration by the All Progressives Congress, APC, into the ADC.

The opposition coalition had chosen the ADC as its platform on Wednesday.

However, El-Rufai noted that there is a possibility the APC could spark a crisis within the ADC by turning old members against the new leadership.

He revealed this during an interview with Radio France International (RFI) Hausa Service on Wednesday night.

“Those who refuse to join the APC face threats of investigations by agencies like the Economic and Financial Crimes Commission (EFCC), Independent Corrupt Practices and other related offences Commission (ICPC), or Code of Conduct Bureau (CCB).

“The opposition parties’ alliance in the ADC is temporary, and we may register a new party as a second option, which we will move to should the ADC be instigated into crisis by the government,” the former Kaduna governor stated.

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BIG STORY

Real Estate Industry Experts, Stakeholders Raise Alarm Over Building Collapse In Lagos, Seek Urgent Reforms

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The recurring tragedy of building collapse in Lagos once again came under the spotlight today as stakeholders from across Nigeria’s building industry gathered at the University of Lagos for the Professor Leke Oduwaye-Adron Homes Urban Development Dialogue, a high-level forum aimed at addressing regulatory and construction lapses fueling the crisis.

Themed “Recurring Building Collapse in Lagos: The Challenge of Regulatory Oversight and Construction Practices,” the dialogue was organized by the Department of Urban and Regional Planning (DURP), University of Lagos, in collaboration with real estate giant, Adron Homes.

Delivering goodwill remarks, the Group Chairman of Adron Group, Sir Aare Adetola EmmanuelKing, KOF, issued a strong call for accountability across the building sector. Describing building collapse as a “tragedy that has become far too familiar,” Aare Adetola Emmanuelking emphasized that such disasters are not acts of fate but direct results of human negligence, greed, and systemic failure.

“Buildings do not collapse by accident. They collapse because somewhere along the chain of planning, approval, construction, or supervision, individuals choose to compromise,” he stated firmly”, he stated.

The respected real estate mogul outlined what he termed the three uncompromising actions needed to combat the menace, Verification, Validation, and Control, stressing that all actors within the building industry must be held to the highest standards of competence and ethical responsibility.

The event featured a thought-provoking guest lecture by Tpl. (Dr.) Idris Salako FNITP, former Lagos State Commissioner for Physical Planning and Urban Development. Drawing from his vast experience, Dr. Salako delivered a hard-hitting analysis of the root causes of building collapse in Lagos. He identified critical gaps such as weak enforcement of development control regulations, poor coordination between regulatory agencies, and widespread disregard for approved building plans by some developers.

Dr. Salako further highlighted how political interference, corruption, and the proliferation of quack professionals continue to erode the integrity of the building sector. He stressed the urgent need for capacity building among regulatory bodies, proper training and certification of artisans, and the full digitalization of building approval processes to ensure transparency and efficiency.

The dialogue also featured keynote addresses by Tpl. Tunji Odunlami FNITP, Ogun State Commissioner for Physical Planning and Urban Development, and Professor Ayo Omotayo, Director General, National Institute of Policy and Strategic Studies, Kuru. Both speakers echoed the need for proactive urban planning, robust regulatory frameworks, and collaboration between government, professionals, and private developers to create safer cities.

Other dignitaries in attendance included Tpl. Waheed Kadiri FNITP, PPNITP, Past President, Nigerian Institute of Town Planners (Chairman of the event), Professor Modupe Omirin, Dean, Faculty of Environmental Sciences, UNILAG, Dr. Taofik Salau, Head of Department, DURP, UNILAG, and Dr. S.A. Adeyemi, Chairman, Organizing Committee, among several others.

Participants unanimously called for urgent reforms to curb building failures, emphasizing the need for professionalism, transparency, and stricter enforcement of building regulations.

The dialogue is expected to spark renewed policy debates and strategic actions toward ensuring that Lagos, and indeed Nigeria, builds safe, resilient, and sustainable urban spaces where lives are protected, and dreams can thrive.

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BIG STORY

Federal Government Sets July Date For Petrol Pricing Summit

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The Federal Government has scheduled July 23 and 24, 2025, for a national stakeholder forum aimed at addressing rising concerns surrounding petrol pricing and supply issues in the downstream sector, amid increasing pressure from independent marketers for price regulation.

The summit, which is being organised by the Nigerian Midstream and Downstream Petroleum Regulatory Authority, will gather industry players, marketers, refiners, and government representatives to discuss petroleum pricing standards, feedstock availability, and measures to stabilise the deregulated market.

Francis Ogaree, the Executive Director of Hydrocarbon Processing Plants, Installation and Transportation Infrastructure at the NMDPRA, confirmed the summit’s dates during the recently concluded 24th Nigeria Oil and Gas Energy Week held in Abuja.

He also stressed the importance of dialogue to create a sustainable pricing framework in the post-subsidy environment. It should be noted that petroleum marketers have raised concerns about unexpected changes in the price of Premium Motor Spirit, also known as petrol, particularly without prior notification from the Dangote refinery.

Billy Gillis-Harry, the President of the Petroleum Products Retail Outlets Owners Association of Nigeria, has consistently advocated for a stable market and reliable energy supply, calling for mechanisms to evaluate price changes and protect the industry from negative impacts.

Gillis-Harry also emphasised the need for transparent pricing, especially concerning the effect of Dangote’s price cuts on retailers who may have bought petrol at higher rates. He called for fair pricing practices and urged an end to unfair industry practices.

Likewise, the Petroleum and Natural Gas Senior Staff Association of Nigeria last month criticised the current petroleum pricing structure, accusing marketers of taking advantage of Nigerians with inflated pump prices. The association insisted that the current petrol price should fall between N700 and N750 per litre.

In response, Ogaree stated that the NMDPRA recognises the operational uncertainties affecting industry stakeholders and has taken significant steps to standardise pricing and attract more investments in local refining.

Speaking during the panel session titled, “Building a resilient and competitive refining sector”, he said, “We are engaging stakeholders at our forum, where we address the issues and proffer solutions. I would like to remind you that the NMDPRA has only been in existence for three and a half years. And in that period, we have achieved giant strides in the number of licenses we have given and in addressing the issues.

“Even on the issue of petroleum pricing, which is another one that we are facing now and relates to standardisation. It is a work in progress, and that is why at the latter part of this month, exactly on July 23 to 24, a two-day event, we will be talking about petrol pricing. Again, that is to allay some fears and put in some standards. The issue of pricing, everyone knows that it is a sensitive one and peculiar from one country to another, and the authority is working.”

On the topic of refining capacity and supply security, Ogaree disclosed that Nigeria currently has 10 refineries that are either operational or close to starting operations, including the three NNPC refineries, the 650,000bpd Dangote refinery, and six modular refineries.

He explained that some upcoming refineries will require between 1,000 and 200,000 barrels per day and are projected to begin operations by 2026.

“We have about 10 refineries right now. The three Nigerian National Petroleum Company refineries. We have Dangote refinery and six modular refineries. When I look at the combined capacity for those refineries, we need about 1,124,000 barrels per day.”

However, he pointed out that the success of the downstream sector depends largely on having enough crude oil feedstock to serve the growing number of licensed refineries.

“We know our current production capacity. These are just operating refineries. When I think about new refineries coming up very soon. Some of them need 200,000 barrels to 1,000 barrels, and I compute them together. Some of them would be on onstream by 2026.

“You know that this number of barrels has to grow, and there has to be more production if we are to meet up. The apparent fear, and I must be sincere, is on the feedstock. We have given out 47 licenses, all of which are to do establishments, construction, and they all go into operation. We must be able to meet their demands when they all go on stream.”

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