News
NLC Agrees to N70,000 Minimum Wage After Fuel Price Rejection
The President of the Nigeria Labour Congress (NLC), Joe Ajaero, has shed light on why the organized labour eventually accepted the N70,000 minimum wage during negotiations at the Presidential Villa in Abuja.
Speaking on Arise TV’s Morning Show, Ajaero detailed the events that led to the acceptance of the new wage offer, explaining the complexities involved in the discussions with President Bola Tinubu and his administration.
During the meeting with President Tinubu, the organized labour had initially held firm on a demand for a N250,000 minimum wage, arguing that the growing cost of living necessitated such an increase.
However, the talks stalled when the states expressed their unwillingness to pay even N62,000 as a new minimum wage.
This deadlock led to the meeting with the president himself.
Ajaero explained that President Tinubu sought to address not just the minimum wage issue but also the pricing of petroleum products, which had become a critical national concern since the removal of the fuel subsidy.
Tinubu suggested that in exchange for agreeing to an increase in fuel prices, he would raise the minimum wage to N250,000.
However, the labour leaders declined to engage in discussions about fuel price increases, stating that their mandate was strictly to negotiate wages, not fuel costs.
The president had also referenced the cost of fuel in neighboring West African countries, noting that many of them pay significantly more for petroleum products compared to Nigeria.
He proposed sending the labour leaders on a sponsored trip to these countries to see the pricing differences firsthand.
However, the NLC turned down the offer, stating they were not interested in international comparisons when the issue at hand was about the welfare of Nigerian workers.
During the negotiations, Tinubu reportedly told Ajaero that he was the one “holding my hand from increasing further” the price of petroleum, implying that the government’s preferred approach was to align fuel prices with global rates after the subsidy removal.
Yet, the labour leaders insisted that their primary focus was the welfare of Nigerian workers and that they would not engage in any discussions that included raising fuel prices.
In the meantime, the labour representatives had earlier agreed on an alternative energy source, Compressed Natural Gas (CNG), with the government.
They negotiated with experts who estimated the cost of converting vehicles to CNG at N300,000 per vehicle.
However, when this proposal was presented to government officials, the figure was rejected, and the officials claimed that the conversion would actually cost N800,000 per vehicle, a sum far higher than what the labour leaders had negotiated.
Despite these setbacks, the labour movement decided to accept the N70,000 minimum wage offer. Ajaero emphasized that this decision was reached after careful deliberation and consultation.
The NLC believed that while the N70,000 figure was far below their original demand, it was still a step forward in the ongoing fight for improved worker welfare in Nigeria.
When asked whether the NLC felt betrayed by President Tinubu over his stance on the petrol pump price, Ajaero explained the intricacies of the discussions, stating that the labour movement never agreed to any fuel price hikes.
He clarified that the focus of their talks had always been on minimum wage, and they stood firm on refusing to negotiate any further increases in fuel prices as part of the wage deal.
Ajaero concluded by reaffirming the NLC’s commitment to protecting workers’ rights and ensuring that future negotiations with the government focus solely on improving the welfare of Nigeria’s workforce.
While the NLC ultimately accepted the N70,000 offer, the larger conversation surrounding the fuel subsidy, rising living costs, and government accountability remains an ongoing challenge for the labour movement.
News
The Police Service Commision Approves The Promotion Of 8,053 Officers
The Police Service Commission approves the promotion of 8053 police officers in the Nigeria Police Force. On Monday 11 commissioners were promoted to Assistant Inspectors General while 16 Deputy Commissioners were moved to Commissioners.
Promotion also happened among the Assistant commissioners, Chief Superintendents, Deputy Superintended and so on.
Additional promotions included Aminu Mohammed Abdulkadir, Mohammed Yusuf Adamu of Base 3 SPU, and Isa Ibrahim Umuoru from Border Patrol. Officers such as Omoarebun Iluobe, CSO to the Delta State Governor, and Shaaba Gboyako Adamu, CSO to the Imo State Governor, were also promoted.
News
Andrew and Tristan Tate Lose Over £2 Million in Seized Funds Amid Tax Evasion Allegations
Westminster Magistrates Court has ruled against Andrew Tate and his brother Tristan, leading to the seizure of over £2 million from their accounts due to unpaid taxes linked to their online businesses.
The funds, held in seven frozen bank accounts, were traced to the Tates and a woman identified as J. Authorities allege the brothers funneled substantial sums, including cryptocurrency, through accounts in J’s name, despite her lack of involvement in their ventures.
Chief Magistrate Paul Goldspring described the scheme as a “straightforward cheat of the revenue,” uncovering years of alleged tax evasion and money laundering. Devon and Cornwall Police revealed the brothers accrued millions between 2014 and 2022 without paying taxes or VAT.
Andrew Tate, however, criticized the ruling, claiming it is part of a “coordinated attack” to silence dissent. “This is not justice; it’s theft disguised as legal action,” Tate said in a statement.
The brothers are also facing separate criminal charges in Romania, including allegations of human trafficking and rape, and are set to be extradited to the UK.
News
Akpabio Defends Tinubu’s Tax Reforms, Urges Critics to Engage Thoughtfully
Senate President Godswill Akpabio has defended President Bola Tinubu’s tax reforms, calling on critics to engage with the initiatives more thoughtfully.
Speaking during Tinubu’s presentation of the 2025 budget, Akpabio praised the four tax reform bills as a monumental step toward revitalizing Nigeria’s economy.
He described the reforms as the first comprehensive tax overhaul since independence, aimed at boosting revenue, supporting small businesses, and fostering sustainable development.
Akpabio criticized detractors for dismissing the reforms without understanding their potential impact and urged all Nigerians to embrace this transformative opportunity.
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Andrew and Tristan Tate Lose Over £2 Million in Seized Funds Amid Tax Evasion Allegations