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
Ngozi Okonjo-Iweala Says Nigeria Lacks a Maintenance Culture
The Director-General of the World Trade Organization (WTO), Ngozi Okonjo-Iweala, has spoken on Nigeria’s economy, stating that the country lacks a good maintenance culture.
She said “The fact is that endowments alone do not add value. Budgetary allocations alone do not lead to new roads or good maintenance.”
“We lack a maintenance culture in the country. I have to say that. I’m Nigerian, but we need that. We need better ports and digital infrastructure, and lower trade costs. Execution is what matters, and successful execution requires focus. It requires prioritisation.”
News
Peter Obi Criticises President Tinubu’s Statement on Hunger
Politician and former presidential candidate Peter Obi speaks on President Bola Tinubu’s comments regarding the rising hunger and worsening economic situation in Nigeria.
It can be noted that the President recently stated that hunger has always existed in Nigeria.
Peter Obi responded “I watched with deep concern the statement made by President Bola Tinubu to the Catholic Bishops, that there has always been hunger in Nigeria, even before he was born.”
“While it is true that hunger has been a part of human life and has existed in our country for decades, such a statement appears insensitive to the plight of the millions of Nigerians who face worsening economic hardship today.”
News
Nigerian Army Launches New IED Training Programme
Reports have been shared stating that the Nigerian Army has launched a new programme designed to train and improve the skills of engineers in tackling threats posed by Improvised Explosive Devices (IEDs).
The seminar is being organised by the 41 Engineer Brigade of the 1 Division Nigerian Army.
It was stated “Improvised Explosive Devices have become one of the greatest security threats confronting the Nigerian Army in ongoing counter-insurgency operations. Their widespread use has complicated military operations and humanitarian activities in conflict-affected areas.”
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