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Labour Considers N1 Million As New Minimum Wage Amid Rising Inflation
Labour Considers N1 Million As New Minimum Wage Amid Rising Inflation....KINDLY READ THE FULL STORY HERE▶
The President of the Nigeria Labour Congress, Joe Ajaero, has hinted at the possibility of demanding a new minimum wage of up to N1 million for Nigerian workers if the current inflation trend persists unchecked……CONTINUE READING
Ajaero emphasized that the demand for this substantial increase would be driven by the escalating cost of living, which has surged notably since President Bola Tinubu assumed office. Factors contributing to this surge include the removal of fuel subsidy and other economic policies.
During an interview with Arise News, Ajaero underscored the necessity of aligning the minimum wage with the prevailing cost of living index. He highlighted the significant impact of inflation on everyday essentials, such as the skyrocketing prices of rice and other food items.
With the expiration of the old minimum wage approaching in April, Ajaero expressed concern over the delayed setup of a committee by the Federal Government for negotiation. He cast doubt on the effectiveness of the committee, citing its composition, which includes governors who have not been adhering to the existing minimum wage.
In response to the government’s failure to implement a 16-point agreement signed in October 2023, both the NLC and the Trade Union Congress issued a 14-day strike notice, citing frustration over policies that have exacerbated hardships and inflation.
The looming prospect of a significant wage hike reflects the gravity of the economic challenges faced by Nigerian workers amidst ongoing inflationary pressures.
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“They Didn’t Even Want To See Me” — Atiku Opens Up On PDP Coalition Snub.
Former Vice President Atiku Abubakar has revealed that his push for an opposition coalition was initially rejected by members of the Peoples Democratic Party (PDP).....KINDLY READ THE FULL STORY HERE▶
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Atiku Opens Up On ADC 2027 Game Plan, Says Consensus Candidate Comes First.
Former Vice President Atiku Abubakar has said the African Democratic Congress (ADC) will first pursue a consensus arrangement before considering a primary election for its 2027 presidential ticket.....KINDLY READ THE FULL STORY HERE▶
Atiku made this known during an interview on Arise Television on Wednesday while discussing the party’s leadership and strategy ahead of the next general election.
He said he is open to backing a consensus candidate if that becomes the party’s collective decision, stressing that such support should not be interpreted as stepping aside.
“It is not about stepping aside, but whether I am willing to support, and yes, I will,” Atiku said.
According to him, the ADC’s first priority is to build internal unity and reach an agreement among stakeholders before considering a competitive primary process.
“Our first option will be to work out a consensus. If that doesn’t happen, then of course we will explore other options. And yes, I will support whoever eventually emerges,” he stated.
Atiku also expressed confidence in the political experience within the party, saying he believes a consensus is achievable and may make a full-scale primary contest unnecessary.
“That remains our preferred path. We will go for primaries if consensus fails, but I honestly do not expect it to get to that stage because we are dealing with mature and experienced politicians,” he added.
His comments come amid growing political consultations and coalition talks as parties begin to position themselves ahead of the 2027 general elections.
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2027: I Stand A Better Chance To Win Presidency Than Anyone Else – Atiku.
Former Vice President Atiku Abubakar has said the opposition coalition under the African Democratic Congress (ADC) has significantly strengthened his chances of winning the 2027 presidential election.....KINDLY READ THE FULL STORY HERE▶
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