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Labour Considers N1 Million As New Minimum Wage Amid Rising Inflation

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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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Insecurity Will Soon Be Defeated, Akpabio Assures Nigerians

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Senate President Godswill Akpabio has assured citizens that the federal government will soon overcome the nation’s security challenges through a renewed, proactive strategy by security forces.....KINDLY READ THE FULL STORY HERE▶

Speaking in support of President Bola Tinubu’s Renewed Hope Agenda, Akpabio emphasized that safety is vital for economic growth, noting that no local business or foreign investor can thrive in an atmosphere of chaos. He highlighted that security agencies have transitioned from a reactive stance to taking the fight directly to the enclaves of criminals, bandits, and insurgents.

Key highlights from his address include:

  • Collective Responsibility: Akpabio stressed that military hardware alone cannot end criminality, urging citizens to partner with security agencies by providing timely and credible intelligence.

  • Economic and Banking Resilience: He declared that Nigeria’s banking sector has shifted from survival to absolute dominance, becoming one of the safest and most technologically advanced in Africa.

  • Reforms Yielding Results: He credited ongoing bank recapitalisation and financial reforms for ending the era where banks could suddenly collapse and cause depositors to lose their savings.

Ultimately, the Senate President maintained that a combination of proactive security operations, economic reforms, and civic cooperation will drive Nigeria’s path toward lasting recovery and national development.

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‘So Many In A Cell – Gov Bago Breaks Silence On Death Of 37 Miners In NSCDC Custody

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Niger State Governor Mohammed Umaru Bago has addressed the tragic deaths of 37 suspected illegal miners in the custody of the Nigeria Security and Civil Defence Corps (NSCDC) in Minna.....KINDLY READ THE FULL STORY HERE▶

  • Severe Overcrowding: Governor Bago confirmed that NSCDC holding facilities were severely overcrowded, stating that “so many [were] in a cell” designed for a much smaller capacity.

  • Potential Causes Under Investigation: While highlighting the dangerous overcrowding, the governor also pointed to possible poisoning as a contributing factor, citing the victims’ foam-filled mouths and the presence of chemical substances at the arrest site.

  • Accountability and Autopsies: The state government has suspended the NSCDC Commandant and his team. Investigations, including autopsies and toxicology reports, are being conducted by multiple agencies, including the police and DSS.

  • Call for Calm: Governor Bago ordered the closure of the mining site in question and appealed to the public to remain calm and avoid unrest as the investigation proceeds.

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“POLITICAL BLOODSHED: Notorious Gunmen Assassinate Popular Enugu Politician In Midnight Ambush!”

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Prince Ikechukwu Oloto, a well-known politician in Enugu State also known as Okanga Moo, has been brutally murdered by unknown attackers in Nsukka Local Government Area.....KINDLY READ THE FULL STORY HERE▶

  • The Attack: Oloto was reportedly ambushed and killed on Thursday evening inside his residence located in the Odenigbo area of Nsukka.

  • Confirmation: Social media influencer Sen. Chijinkem Ugwuanyi confirmed the tragic incident on Facebook, stating that the politician was brutally attacked and cut into pieces.

  • Police Status: At the time of reporting, the exact circumstances surrounding the assassination remain unclear, and the Enugu State Police Command has yet to release an official statement.

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