Hold Ngige, Keyamo responsible if economy plunges back to recession—Expert
Strong indication emerged Monday at the Ministry of Labour and Productivity that upon the closeness of impending nationwide strike already announced by the labour unions, the Federal Government is yet to reconstitute a negotiating team that will meet with workers…
Fresh statistics on new minimum wage reveals movement without motion
More startling details have continued to emerge from new national minimum wage recently signed into law by President Muhammadu Buhari. Recall that the preliminary observation on the dollar equivalent of former minimum wage of N18,000 was $117 in 2010 and…
How weak naira crashed minimum wage value from $117 (N18,000) to $83 (N30,000)
Financial pundits’ weekend introduced fresh angle of reality to the new minimum wage of N30,000 as signed into law by President Muhammadu Buhari last week. In an interview weekend in Lagos, a Development Economist, Dr. Ken Igbanugo, argued that “Even…
Twist as FG rejects NGF’ N22,500 minimum wage, mute on Committee’s N30,000
Less than 24 hours after the leadership of the Nigerian Governors’ Forum (NGF) announced after an emergency meeting in Abuja that governors have agreed to pay N22,500 as new minimum wage, the Federal Government has dissociated itself from the figure,…
N20,000 based on capacity, ability of what public, private sectors can pay—FG
Whereas the Nigerian organized labour has continued to maintain their stand on a higher figure, the Minister of Labour and Employment, Dr Chris Ngige has said that the government figure of N20,000 (just additional 2,000 to the existing N18,000) remains…
