Business & Economy

Business

Organized Labour Suspends Strike, Returns to Negotiation with Government

The Nigeria Labour Congress (NLC) and Trade Union Congress (TUC) have suspended their indefinite strike, which began on June 3, 2024, over the federal government’s failure to implement a new national minimum wage and reverse the electricity tariff hike. According to a four-point resolution signed by representatives of both parties, the federal government has committed […]

Spread the love

Organized Labour Suspends Strike, Returns to Negotiation with Government Read More »

ASUU joins Nationwide Labour Union’s Strike

The Academic Staff Union of Universities, ASUU, has today joined the ongoing Nigeria Labour Congress’ strike embarked upon from Monday together with the Trade Union Congress, TUC. This industrial action began today after the federal government’s failure to meet the minimum wage demand by the Union. In a statement addressed to the branch chairpersons and

Spread the love

ASUU joins Nationwide Labour Union’s Strike Read More »

Labour Union Strike: Abuja Judiciary Workers Lock Out Judges, Others From Abuja Court

Members of the Judiciary Staff Union of Nigeria (JUSUN), on Monday, locked out judges, lawyers, staff and litigants from accessing courts in the Federal Capital Territory (FCT) in compliance with the Nigerian Labour Congress (NLC) and Trade Union Congress (TUC)’s directive. FCT High Court, Maitama; Federal High Court (FHC); Court of Appeal and the Supreme

Spread the love

Labour Union Strike: Abuja Judiciary Workers Lock Out Judges, Others From Abuja Court Read More »

Labour Urges Tinubu to Intervene as Minimum Wage Strike Looms

The Nigeria Labour Congress (NLC) has declared an indefinite strike starting Monday, June 3, 2024, over the federal government’s refusal to increase the proposed minimum wage above N60,000. The NLC is demanding a minimum wage of N494,000, which is a 6-digit offer. The government claims the demanded wage would destabilize the economy and lead to

Spread the love

Labour Urges Tinubu to Intervene as Minimum Wage Strike Looms Read More »

Labour Unions Declare Indefinite Strike Over Minimum Wage and Electricity Tariff

The Nigeria Labour Congress (NLC) and Trade Union Congress (TUC) have announced an indefinite nationwide strike, starting June 3, 2024, over the Federal Government’s refusal to increase the minimum wage to N60,000 and reverse the recent electricity tariff hike. The labour unions expressed grave concern and disappointment over the government’s failure to conclude the minimum

Spread the love

Labour Unions Declare Indefinite Strike Over Minimum Wage and Electricity Tariff Read More »

Ex Governor Under EFCC Investigation Over Alleged N2.5bn Pension Fraud

The Economic and Financial Crimes Commission (EFCC) is investigating former Kano State Governor, Rabiu Kwankwaso, over alleged involvement in a N2.5 billion pension fraud. According to sources, Kwankwaso was invited and questioned by EFCC interrogators regarding the matter. The investigation is connected to a previous case where the EFCC recovered 324 houses worth N4.1 billion

Spread the love

Ex Governor Under EFCC Investigation Over Alleged N2.5bn Pension Fraud Read More »

Minimum Wage Negotiations Fail again as Labour says no to N60,000.

The Nigeria Labour Congress (NLC) has warned of an impending nationwide strike as negotiations for a new minimum wage have reached a deadlock. The NLC’s Deputy President, Prof. Theophilus Ndubuaku, stated that the Federal Government’s latest offer of N60,000 is unacceptable and that Labour will not return to the negotiating table. The tripartite committee on

Spread the love

Minimum Wage Negotiations Fail again as Labour says no to N60,000. Read More »

Court Orders Interim Forfeiture of $1.4 Million Linked to Ex-CBN Governor

A Federal High Court in Lagos has ordered the interim forfeiture of $1,426,175.14 linked to former Central Bank of Nigeria (CBN) Governor, Godwin Emefiele. The court directed the Economic and Financial Crimes Commission (EFCC) to publish the interim forfeiture order in a national newspaper, inviting anyone interested in the funds to appear before the court

Spread the love

Court Orders Interim Forfeiture of $1.4 Million Linked to Ex-CBN Governor Read More »

NLC & TUC Have Rejected The Government’s Proposal, Insisting That Anything Less Than A Six-Digit Offer Is Unacceptable.

The labour leaders have also accused the government of not being serious about the negotiations, citing the lack of representation from state governors and the OPS. The NLC President, Joe Ajaero, has maintained that the demand for N615,000 minimum wage is based on the current economic situation and the needs of an average Nigerian family of six.

Spread the love

NLC & TUC Have Rejected The Government’s Proposal, Insisting That Anything Less Than A Six-Digit Offer Is Unacceptable. Read More »

Arewa Forum Blames Worsening Economic Hardship on FG’s Policies.

The Arewa Consultative Forum (ACF), a pan-northern socio-political organization, has expressed grave concern over the worsening economic conditions and security challenges facing Nigeria. In a communiqué issued after its National Executive Council meeting, the ACF warned that the country is drifting into chaos due to the fuel subsidy removal, introduction of taxes and levies, and

Spread the love

Arewa Forum Blames Worsening Economic Hardship on FG’s Policies. Read More »