The Latest News from Nigeria and Around the World
Labour unions and the Federal Government have been in negotiations over measures to cushion the impacts of the harsh economy.The Nigeria Labour Congress insists the proposed N615,000 minimum wage is realistic, dismissing claims that some states cannot pay such an amount if approved.Recent reforms in Nigeria including the removal of fuel subsidy and the unification of the foreign exchange market have pushed the cost of living to newer levels. Inflation figures hit 33.
The NLC is proposing a N615,000 monthly salary for workers, a jump from the current N30,000. Although many believe it is unrealistic, the labour union believes many states can pay it if they get their priorities right. “Now, it’s not a question of whether the quantum of money they have or not is what they decide to do with such money. If they get their priority right, then a lot can happen.”The unionist who suggested states should go into mechanised agriculture among others, believe self-sufficiency in food production will help Nigeria fight the biting economy.
Nigeria Latest News, Nigeria Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
May Day: “NLC, TUC have proposed N615,000 as new minimum wage”The NLC and the TUC have proposed N615,000 as the minimum wage for a Nigerian worker, ahead of negotiations with the federal government.
Read more »
Nascon: Proposed merger with Dangote Sugar Refinery suspendedNascon Allied Industries Plc says its proposed merger with Dangote Sugar Refinery has been suspended. In a statement published on Friday
Read more »
Enugu govt’s proposed Produce City not RUGAAs controversies continue to rage in Enugu State over the proposed Produce City by Enugu State government, a prominent indigene of the state, Alhaji Sani Nnaji has dispelled the fear that it is a decoy for the establishment of RUGA in the State.
Read more »
Seven facts about proposed new multipurpose national ID cardThe Nation Newspaper Seven facts about proposed new multipurpose national ID card
Read more »
Nasarawa expresses desire to host NIPR’s proposed institution'Nasarawa State supports the PR Finishing School proposal but is also willing to contribute a portion of land,' the governor said.
Read more »
Nigerians urge FG to unify proposed three national ID cardsA Trusted Nigerian Newspaper
Read more »