Private Sector Endorses ₦60,000 Minimum Wage, Cautions On Higher Wages

Minimum Wage Proposal

The Organized Private Sector (OPS) supports a ₦60,000 minimum wage for Nigerian workers. OPS warns that wages over ₦100,000 could harm small and medium-sized enterprises. If wages exceed ₦100,000, OPS members would seek tax relief or exemptions from the government. EKO HOT BLOG reports that the Organized Private Sector (OPS) has expressed its approval of a … Read more

Lagos Inaugurates State Technical Working Group On AfCFTA

The working group was inaugurated on Tuesday, January 17, 2023. The Lagos government said the group will domesticate the AfCFTA in the state. The government said the AfCFTA domestication aligns with the present administration’s economic agenda. Eko Hot Blog reports that the Lagos State Government has inaugurated the State Technical Working Group to be responsible … Read more