Despite a federal agreement on a new ₦70,000 minimum wage, many states are hesitant to commit, citing the need for further consultations and financial assessments. EKO HOT BLOG reports that in spite of the recent agreement between the Federal Government, Labour, and the Organised Private Sector (OPS) to set the new minimum wage at ₦70,000, many states … Read more
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
The Organised Private Sector (OPS) has lauded President Muhammadu Buhari for including Nigeria in the African Continental Free Trade Agreement (AfCFTA) at the just concluded Africa Union Summit on Sunday in Niamey. The sector’s chieftains told the News Agency of Nigeria (NAN) on Monday in Lagos that Nigeria had more to gain because it would … Read more