The meeting on minimum wage between the President Bola Tinubu and organized labour held on Thursday, ended without reaching a conclusive agreement. Eko Hot Blog reports that the meeting was called at the instance of President Tinubu. However, despite discussion of about an hour, no agreement was reached on the minimum wage prompting both parties … Read more
Eko Hot Blog reports that the organized labour is eagerly awaiting President Bola Tinubu’s decision on the ₦62,000 minimum wage proposal, a product of recent negotiations between the Federal Government and the Organised Private Sector. This position was made known on Saturday by the President of the Nigerian Labour Congress (NLC). Ajaero expressed that the … Read more
Eko Hot Blog reports that the Minimum Wage negotiations has ones again hit a brick wall on Friday after the Federal Government raised its offer to N62,000, while the Organised Labour reduced its demand to N250,000 from N494,000. The state governors on their part had earlier yesterday, while negotiations were still going on declared that … Read more
Rethink ₦60,000 Minimum Wage Proposal, It’s Unsustainable, State Governors Tell FG. NLC and TUC initiated an indefinite strike but agreed to a one-week relaxation for further negotiations. Governors argue that implementing the ₦60,000 minimum wage would force some states to borrow funds to pay salaries. EKO HOT BLOG reports that the governors of Nigeria’s 36 states … Read more
Eko Hot Blog reports that the Transmission Company of Nigeria (TCN) says the “labour union has shut down” the national grid, resulting in a blackout nationwide. The national grid shut down occured at about 2.19 am on 3rd June 2024. Editor’s Picks BREAKING: NLC, TUC Announce Latest Decision Over Monday Strike Akpabio Gives Details Of … Read more
Eko Hot Blog reports that the Organized Labour has said it will not accept anything less than N100,000 as minimum wage as the negotiations between its representatives and the Federal Government heighten. According to PUNCH, several impeccable sources from both the Trade Union Congress and Nigeria Labour Congress who spoke to Saturday PUNCH stressed that … Read more
Eko Hot Blog reports that the organised Labour has rejected the fresh offer of N57,000 minimum wage from the federal government. The amount, which was proposed by the government during the minimum wage tripartite committee meeting in Abuja on Wednesday, was strongly refused by labour. Recall that this news medium reported that government increased its … Read more
Eko Hot Blog reports that the federal government on Wednesday, made a fresh offer to organized labour regarding the new minimum wage for Nigerian workers. It was gathered that the government increased its offer from ₦54,000 to ₦57,000 in the ongoing discussions by the tripartite committee on the new minimum wage. The Federal Government team … Read more
Joe Ajaero elaborated on N615,000 minimum wage proposal submitted to Tripartite Committee. Recent reforms in Nigeria, like fuel subsidy removal and foreign exchange market unification, increased living costs. Inflation at 33.2% in March; Labour and Federal Government negotiate new minimum wage to alleviate economic strain. EKO HOT BLOG reports that Joe Ajaero, President of … Read more