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Nigerian Workers Receive N70,000 New Minimum Wage

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Nigerian workers have confirmed receiving the Federal Government’s newly approved minimum wage of N70,000.

This development was made public by Benson Upah, spokesperson of the Nigeria Labour Congress (NLC), and Tommy Etim, Deputy President of the Trade Union Congress (TUC), in separate statements released on Thursday.

The announcement follows recent reports indicating that the Federal Government has begun the disbursement of the revised wage.

Upah expressed his satisfaction with the prompt implementation and urged other organizations across the country to adopt a similar approach.

He highlighted the importance of this step in ensuring that workers are adequately compensated for their contributions, stating, “We encourage other entities to follow this commendable example set by the Federal Government.”

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Echoing this sentiment, TUC’s Etim pointed out that a template for the consequential adjustments had already been provided by the Federal Government, leaving no excuse for any delay in the payment process.

He called on all parties to swiftly implement the new minimum wage structure, emphasizing that the time has come for all stakeholders to align with the new policy and begin payments without further delay.

Reports from various federal workers corroborate these statements.

A civil servant from the Office of the Head of Civil Service, who preferred to remain anonymous, confirmed receiving the new minimum wage payment for September 2024.

“I received an alert around 2 pm on Thursday. I am hopeful that the arrears will also be paid soon,” he revealed.

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Other federal employees have also reported receiving an additional N40,000 as part of the consequential adjustment to their previous salaries, reflecting the upward revision of the wage structure.

This development affects over 1.2 million workers under the Federal Government’s payroll, signaling a significant move towards improving the standard of living for public sector employees.

On Tuesday, the Chairman of the National Salaries, Incomes and Wages Commission, Ekpo Nta, confirmed that the government had approved the review of the Consolidated Public Service Salary Structure (CONPSS) in alignment with the Minimum Wage (Amendment) Act, 2024.

This adjustment came after President Bola Ahmed Tinubu’s approval of the N70,000 minimum wage on July 18, 2024.

The implementation of this new minimum wage represents a 100 percent increase from the previous N30,000 minimum wage established under the administration of former President Muhammadu Buhari.

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While this raise is a welcome development for many Nigerian workers, it coincides with rising costs of living, as the country faces severe economic challenges.

Recent data indicates that the headline and food inflation rates stood at 32.15 percent and 37.52 percent, respectively, as of August 2024.

The wage increase is a significant milestone in addressing the economic difficulties faced by many Nigerian workers, but it also underscores the broader economic challenges that need to be tackled.

As prices of goods and services continue to soar, the real impact of the wage hike on the purchasing power of the average worker remains a subject of concern.

Nonetheless, the swift implementation of the new wage policy by the Federal Government sets a precedent for other sectors to follow and provides a glimmer of hope for improved welfare for Nigerian workers.

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Bwala Advises Atiku to Accept His Fate and Join Tinubu to Build Nigeria’s Future

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The presidency has suggested that it may not be God’s will for former Vice-President Atiku Abubakar to become Nigeria’s president, urging him to accept this reality with grace. Daniel Bwala, Special Adviser to President Bola Tinubu on Policy Communication, shared this view during a recent interview on TVC. He spoke about the future of opposition politics and the need for political unity in the country.

Bwala advised Atiku to accept the current political situation and work together with President Tinubu to help build Nigeria’s future. “If I had the chance to meet him, I would say: ‘Your Excellency, Alhaji Atiku Abubakar, you need to believe in destiny. God grants power to whomever He chooses, and from what we’re seeing, it doesn’t seem like it’s your time to govern Nigeria,’” Bwala said.

He also encouraged Atiku, the former presidential candidate of the Peoples Democratic Party (PDP), to join forces with Tinubu’s administration and leave a meaningful legacy, “even if it’s realized through someone else.”

“There are other ways to contribute,” Bwala continued. “You and President Tinubu have been friends for years—work together and help create the Nigeria you both envision. Your legacy could be one of achieving your dreams through your friend.”

However, Bwala warned that if Atiku insists on running for president again, his political future might not unfold as he hopes. “As we’ve already seen, Atiku has lost a significant portion of his political base—probably 60 to 70 percent. Younger politicians who once followed him are now eager to forge their own path, and they have no plans of backing down,” he said.

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Bwala’s comments come as opposition parties see a wave of defections to the All Progressives Congress (APC). Atiku himself has expressed uncertainty about running for the 2027 presidency, stating that it would depend on finding a viable platform.


 

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“Peter Obi Will Lose His Supporters if He Run as VP” – Tinubu’s Aide Warns

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Daniel Bwala, media and policy adviser to President Bola Tinubu, has advised Labour Party’s 2023 presidential candidate, Peter Obi, to reject any offer to run as a vice presidential candidate in 2027. Bwala believes such a move would damage Obi’s political standing and alienate the strong support he enjoys, particularly from the youth-driven Obidient movement. He noted that Obi’s appeal is tied to his ambition to lead the country, not to play second fiddle.

Speaking during a Channels Television interview, Bwala said, “Peter Obi would be making the biggest mistake of his life by accepting to be anyone’s running mate. His supporters had only one deal with him – to run for president. If he abandons that, most of them will walk away.” He added that even Obi himself might not be comfortable playing a supporting role, given how far he has come on his own political journey.

Bwala also said defeating President Tinubu in 2027 would be nearly impossible, arguing that the President now has the advantage of incumbency and the political structure to rally support across party lines. He said more governors and lawmakers from other parties are aligning with Tinubu because, despite criticisms, people recognize that he’s working to unite the country and deliver results.

“To be honest, there’s no politician alive in Nigeria today with the kind of reach and political strength President Tinubu has,” Bwala said. “He may not be perfect, but he has both the heart and the head for leadership.”


 

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Nigerians to Start Paying Full Electricity Price as Government Plans to Remove Subsidies

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Nigeria’s Minister of Power, Adebayo Adelabu, has said that Nigerians should get ready for a new electricity pricing system that reflects the actual cost of power.

Speaking during a meeting with heads of the country’s power-generating companies in Abuja, Adelabu explained that the government can no longer afford to keep spending huge sums on electricity subsidies. He noted that the federal government currently owes power generation companies over N4 trillion in unpaid subsidy debts.

According to a recent report by the Nigerian Electricity Regulatory Commission (NERC), while the actual cost of electricity is around N116.18 per kilowatt-hour, consumers only pay N88.2—leaving a gap of nearly N28 per unit that the government has to cover.

Only about 15 percent of power users, those in Band A, are not receiving subsidies, meaning the rest still benefit from the price support. Adelabu made it clear that Nigerians must begin to pay the full value for the electricity they use, although he assured that low-income citizens will still receive targeted support to help with costs.


 

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