Reports on the minimum wage negotiation permeate the frontpages of Nigerian newspapers today.
, Analyst and CEO of Magnate Communication, Aliu Mohammed noted that the proposed N494, 000 minimum wage will affect income for the private sector and the federal government of Nigeria, including the states.
He said, “I have studied some of the presentations made by the NLC. If the sum they want, over 500,000 as a living wage is accepted and implemented, there will be what we call hyperinflation in the country today. If it is accepted, a bag of rice will have to be sold for not less than 200,000 Naira.” “The newspaper says the Nigerian Upstream Petroleum Regulatory Commission said it would mandate international oil companies to supply crude oil to Dangote oil refinery.
The newspaper says the Independent National Electoral Commission has extended voter registration deadline to June 9, ahead of the Ondo and Edo governorship elections.Indian PM Modi resigns, stays in office awaiting new govt
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Minimum wage: Nigerian government declares position on labours’ N494,000 demandThe Minister of Information and National Orientation, Mohammed Idris, has said the sum of N494,000 national minimum wage being demanded by organised labour, which cumulatively amounts to the sum of N9.5 trillion, is capable of destabilising the economy and jeopardising the welfare of over 200 million Nigerians.
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Why FG rejected Labour’s N494,000 minimum wage demandThe Nation Newspaper Why FG rejected Labour’s N494,000 minimum wage demand – Minister
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Why FG rejected Labour’s N494,000 minimum wage demandThe Nation Newspaper Why FG rejected Labour’s N494,000 minimum wage demand – Minister
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Why we rejected Labours’ N494,000 minimum wage demand, by FGThe Nation Newspaper Why we rejected Labours’ N494,000 minimum wage demand, by FG
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Minimum wage: Labour tackles presidential aide over comment against N494,000 demandThe NLC, has described government's attitude and response to the on-going national minimum wage negotiation as presented by Presidential spokesperson,
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Demand for N494,000 unrealistic, strike ‘ll worsen hardship, LP warns organised labourThe Labour Party (LP) in Nigeria has urged workers’ unions to re-negotiate with the government on new minimum wage rather than embarking on industrial action.
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