Budgeting Economy News Extra Latest News Professionals & HR Devt.

Organised Labour Rejects Proposed Cut In Workers’ Salaries

The Nigeria Labour Congress (NLC) has rejected a statement credited to the Minister of Finance, Budget and National Planning, Mrs. Zainab Ahmed, on plans by the Federal Government to cut salaries of public servants, warning that that such a statement could further worsen the nation’s current socio-economic crisis. The President of the NLC, Mallam Ayuba […]

Budgeting Economy News Extra Latest News Political Economy Professionals & HR Devt.

Again, FG, Organised Labour’s Parley On Minimum Wage Fruitless

There are strong indications that plans by the Federal Government and the labour unions’ representatives to reach a truce on consequential adjustment on the N30,000 minimum wage on Monday did not achieve any tangible results. The disappointed workers have, therefore, threatened to resume their suspended industrial action over in the national minimum wage implementation. A […]

Budgeting Economy News Extra Latest News National Assembly Professionals & HR Devt.

President Buhari Signs National Minimum Wage Bill

President Muhammadu Buhari on Thursday assented to the N30,000 National Minimum Wage Bill, thereby ending lingering controversies that had trailed the bill over the past months. A source in the Presidency who confirmed that the President signed the bill into law this afternoon, said that the Senior Special Assistant to the President on National Assembly […]

Budgeting Latest News Professionals & HR Devt.

Presidency To Present New Minimum Wage Bill To N/Assembly

President Muhammadu Buhari on Wednesday said that an Executive Bill on the proposed new minimum wage would soon be sent to the National Assembly for passage. The President disclosed this during his presentation of the 2019 Appropriation Bill to the joint session of the National Assembly. While assuring the Federal Government’s commitment to addressing proposed […]

Latest News Professionals & HR Devt. Revenue

Again, Labour Flaws Govs’ Stance On Minimum Wage

Organised labour on Thursday, said that the threat by governors to retrench workers if the proposed N30,000  wage agreed upon by the Tripartite Committee is implemented was uncalled for and tantamount to reneging on a joint agreement. The Nigeria Labour Congress (NLC)  maintained that the governors threat to sack workers was not new in the […]

Economy News Extra Latest News

Organised Labour Begins Industrial Action Thursday

Despite last minutes efforts by the Federal Government to avert a national industrial action by seeking to parley with leaders of the organized labour today, workers in the country have said that their plan to embark on strike effective Thursday remained irreversible. The President of the Nigeria Labour Congress (NLC), Comrade Ayuba Wabba, on Wednesday […]

Banking

NLC Asks MTN To Pay Imposed $10.13Bn Forex Fine, Tax Arrears

The Nigeria Labour Congress (NLC) on Sunday asked MTN Nigeria, to pay the $10.13 billion liability, comprising the recent $2 billion fine in tax arrears slammed on it as well as the $8.13 billion fine over alleged breach of foreign exchange (Forex) repatriation guidelines. The Congress, in a statement signed by its President, Comrade Ayuba […]

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Minimum Wage: FG, Organised Labour Yet To Agree 10 Months After

There are strong indications that the proposed minimum wage for workers may not be implemented soon as members of the Committee on National Minimum Wage set up for the new salary are yet to finally agree on the minimum wage amount. The President of the Nigeria Labour Congress (NLC), Comrade Ayuba Wabba on Monday in […]