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BREAKING: GOVERNORS REJECT N60,000 MINIMUM WAGE PROPOSAL, ‘IT CAN’T FLY’ The Nigeria Governors’ Forum (NGF) has rejected the N60,000 minimum wage proposed by the Federal Government. This contradicts the federal government’s commitment to a minimum wage exceeding N60,000. According to the governors, N60,000 as minimum wage is not sustainable and can not fly. Recall that the Nigeria Labour Congress (NLC) …

REP MEMBER, UGOCHINYERE, FACES PROBE OVER VISIT TO RIVERS GOVERNOR, SIM FUBARA The House of Representatives has referred its member, Ikenga Ugochinyere, to the Committee on Ethics for probe over his solidarity visit to the Rivers State Governor, Siminalayi Fubara. The lawmaker is facing the probe after leading about 50 lawmakers to attend the first anniversary of the governor in …

MINIMUM WAGE: GOVS OPT FOR N70,000, REJECT N100,000 Governors from across the 36 states in Nigeria have said that a minimum wage higher than N70,000 is not affordable or sustainable for the states. The governors made the remarks when they met under the Nigeria Governors’ Forum (NGF), to discuss the economic situation and the ongoing debate around the minimum wage. …

NAIRA CRASH: NIGERIA SECURES FRESH $925M LOAN Nigeria has secured an additional $925 million loan from the African Export-Import Bank (Afreximbank) to help stabilize the country’s economy. In a statement on its website on Thursday, Afreximbank announced an additional disbursement of $925m under the syndicated $3.3bn crude oil-backed prepayment facility sponsored by the Nigerian National Petroleum Company Limited. Its latest …

LAGOSIANS IN NORTH AMERICA SUPPORT REGIONAL GOVT Indigenes of Lagos State residing in North America have voiced their support for a regional system of government in Nigeria. In a statement issued on Wednesday by Balogun Olaseni Borokini on behalf of the group, they asserted that a regional system would acknowledge Nigeria’s diverse cultural, economic, and political identities, enabling more effective …

NIGERIA JOINS LIST OF HUNGER HOTSPOTS ~ UN REPORT Data from the UN Humanitarian Aid shows that at least 18 crisis locations—which are already experiencing food insecurity—may experience a “acute food insecurity” if help is not delivered quickly. The report noted that since October 2023, Nigeria and some other countries have joined a host of others on the list of …

I REMAIN COMMITTED LABOUR PARTY MEMBER – PETER OBI The 2023 Labour Party’s presidential candidate, Peter Obi, on Thursday, took to Twitter (X) to affirm his commitment to the Labour Party. “For the avoidance of doubt, I remain a committed, loyal Labour Party member,” Obi posted, addressing any uncertainties about his party affiliation. This declaration is expected to quell rumours …

SHUTTING DOWN NATIONAL GRID, TREASONABLE – SGF The Secretary to the Government of the Federation, George Akume, on Thursday, condemned the shutdown of the national grid during the suspended industrial action by organised labour. He described the action as a treasonable felony, adding there was nowhere in the world that organised labour had shut down a country’s national grid. The …

GOVT, LABOUR TO REACH ACCORD ON MINIMUM WAGE TODAY – GOV UZODINMA Imo State Governor, Hope Uzodimma, has assured that the Tripartite Committee on Minimum Wage would reach a decision by today, Friday. Speaking after the committee’s five-hour session on Thursday, Uzodimma, who chairs the Progressive Governors Forum of the ruling All Progressives Congress (APC), stated that the committee would …

ATIKU TO TINUBU: REFUSAL TO DISCLOSE AMOUNT SPENT ON SUBSIDY SHOWS YOU HAVE SOMETHING TO HIDE Presidential candidate of the Peoples Democratic Party (PDP) in the 2023 election, Atiku Abubakar, has accused the Bola Tinubu administration of diverting public funds through petrol subsidy. Atiku said the refusal of the present administration to reveal how much is being spent on subsidy …