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Okupe Advises Governors on ₦62,000 Minimum Wage
Following the expiration of labour’s ultimatum on May 31 and subsequent industrial action, the Federal Government recently increased its minimum wage offer to ₦62,000. However, state governors have expressed concerns about the sustainability of this proposed wage.....KINDLY READ THE FULL STORY HERE▶
Okupe suggests that instead of enforcing a uniform minimum wage across all states, the Federal Government should allow governors and local labour unions to negotiate and agree upon a minimum wage that aligns with the economic realities of each state.
In an interview on Channels Television’s Politics Today, Okupe emphasized the need for flexibility in minimum wage legislation, asserting that each state should be permitted to determine its own minimum wage based on local economic conditions and resources.
He argued that imposing a uniform minimum wage nationwide overlooks the diverse economic situations and fiscal capacities of individual states, advocating for a more decentralized approach to wage regulation.
Okupe’s stance reflects the complexity of the minimum wage issue and highlights the importance of considering regional disparities and local dynamics in wage policy decisions. As discussions continue between the Federal Government, state governors, and labour unions, Okupe’s perspective adds depth to the ongoing dialogue surrounding the proposed ₦62,000 minimum wage.
Major cryptocurrency exchange Bitget has reported a massive security breach after unauthorized access to a section of its wallet infrastructure resulted in the theft of approximately $351.6 million in digital assets.....KINDLY READ THE FULL STORY HERE▶
The breach was detected at approximately 18:31 UTC on Thursday, September 24, when system monitoring flagged unauthorized outflows from specific hot wallets. In response, the exchange immediately triggered emergency protocols and temporarily halted withdrawals as a security measure, while deposits and trading remained active.
Key Highlights:
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Impacted Layers: In an initial advisory, CEO Gracy Chen confirmed that the hack was restricted to parts of the hot and warm wallet layers, leaving cold wallets completely secure.
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User Funds Protected: Bitget assured customers that user funds remain safe, noting that the entire $351.6 million loss is fully covered by the platform’s User Protection Fund, which holds upwards of $464 million.
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Backend Compromise: Chen further explained that attackers breached a critical backend wallet infrastructure system, manipulating transaction data to spoof authorizations and trigger fund transfers. Investigators ruled out private key compromises.
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Affected Assets & Networks: The stolen funds encompassed a variety of tokens—including ETH, XRP, BNB, AVAX, USDT, and USDC—spanning across the Ethereum, XRP Ledger, Arbitrum, Avalanche, Optimism, BSC, and Base networks.
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Suspected Culprits: Based on behavioral patterns and on-chain intelligence, Bitget suspects that North Korean hacker organizations are behind the raid. The exchange has alerted law enforcement, blockchain security firms, and relevant authorities while working alongside affected network foundations to freeze attacker-linked addresses.
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Decentralized Arm Unaffected: Bitget emphasized that the independent decentralized product, Bitget Wallet, experienced zero impact from the incident.
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“CAMPAIGN SHOCKER: The Untold Story Of How Aregbesola And Abdullahi Were Dumped From Atiku’s Team!”
Phrank Shaibu, the Special Assistant on Public Communications to African Democratic Congress (ADC) Presidential Candidate Atiku Abubakar, has clarified why National Secretary Rauf Aregbesola and National Publicity Secretary Bolaji Abdullahi were excluded from the party’s Presidential Campaign Council.....KINDLY READ THE FULL STORY HERE▶
Speaking in an interview with The Nation, Shaibu explained that both NWC members were left off the list because they serve on the party’s National Working Committee (NWC), which was tasked with putting the campaign structure together. “These are National Working Committee (NWC) members who constituted the campaign council. Every directorate has a duty. Every director has an assignment. Every appointee must account for results,” Shaibu stated. Their absence from the council list was officially noted on Thursday.
Key Highlights:
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High-Profile Members Included: Despite the exclusions, the newly released campaign council features heavyweights such as Atiku Abubakar, running mate Rotimi Amaechi, ADC National Chairman David Mark, and former Kaduna State Governor Nasir El-Rufai.
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Notable Figures on Board: The roster also features former presidential aspirant Mohammed Hayatu-Deen, former CBN Deputy Governor Professor Kingsley Moghalu, Senator Dino Melaye, and former presidential aide Lauretta Onochie.
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Legal Status Note: El-Rufai, included on the committee, is currently facing trial and remains in the custody of the Independent Corrupt Practices and Other Related Offences Commission (ICPC).
Edo State Governor Monday Okpebholo has taken a swipe at political opponents eyeing the presidency in 2027, dismissing them as “supermarket people” who have no business trying to unseat President Bola Tinubu.....KINDLY READ THE FULL STORY HERE▶
Speaking during the flag-off ceremony for the Federal Government’s palliative rehabilitation of the Benin-Asaba Road, Governor Okpebholo asserted that President Tinubu should be allowed to complete a full eight-year term.
Key Highlights:
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The “Supermarket People” Taunt: Okpebholo criticized aspiring candidates, stating that the president is not a “supermarket man” and mocking the opposition’s ambitions while declaring that Aso Rock is not vacant.
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Call to Wait: He advised challengers to wait for their turn, suggesting they only contest if there are no qualified technocrats and noting that Tinubu is actively working to fix deep-seated national issues.
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Historical Criticisms: The Edo governor alleged that the same politicians preparing to run against Tinubu in 2027 were responsible for fighting former President Goodluck Jonathan and sabotaging his initiative to build Almajiri schools ahead of the 2015 election.
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Warning on Wasted Funds: Okpebholo maintained that Tinubu’s tenure must run its course for eight years and warned prospective opponents against wasting their money on a failed bid, claiming supporters might take their cash without actually voting for them.
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