Connect with us

News

Ogun State Announces N77,000 Minimum Wage Boost for Workers

Published

on

Photo source: Google

Ogun State Governor Prince Dapo Abiodun has officially approved a new minimum wage of N77,000 for the lowest-paid workers in the state.

This decision is set to take immediate effect, marking a significant step towards improving the financial well-being of workers.

The announcement was made following a critical meeting between Governor Abiodun, who was represented by the Secretary to the State Government (SSG), Mr. Tokunbo Talabi, and the leadership of organized labor in Ogun State.

This group included representatives from the Nigeria Labour Congress (NLC), the Trade Union Congress (TUC), and the Joint Negotiating Council (JNC).

The meeting focused on the implementation of the new minimum wage, which is designed to alleviate the economic hardships faced by many workers.

Advertisement

During the meeting, Governor Abiodun emphasized that no worker in Ogun State should earn less than N77,000, effective from October.

He expressed his commitment to the welfare of the state’s citizens, noting that his administration is taking proactive measures to improve living standards across the region.

This initiative reflects a broader strategy aimed at addressing the economic challenges that have impacted many families in Ogun State.

Governor Abiodun also highlighted the importance of engaging with the organized private sector.

He called on employers in the private sector to consider adopting similar minimum wage policies for their workers, acknowledging that employees in this sector are also affected by the current economic landscape.

Advertisement

He urged them to enter into dialogues with relevant stakeholders to establish a fair minimum wage that aligns with the new policy.

To ensure compliance and proper implementation, the governor plans to set up a monitoring team that will oversee how the private sector adopts these changes, ensuring that no worker is left behind.

Comrade Hameed Benco, the State NLC Chairman, expressed the organized labor’s satisfaction with the governor’s decision.

He noted that the approved minimum wage of N77,000 is currently the highest in the country, setting a precedent for other states.

Benco pointed out that while some states have adopted the new minimum wage, they are offering significantly lower amounts, such as N70,000 or N70,250.

Advertisement

He further mentioned that the government has accepted labor’s request that the new basic salary be exempt from taxation, allowing workers to retain more of their earnings.

The positive reception of the governor’s decision extended to Comrade Akeem Lasisi of the TUC and Comrade Isa Olude from the JNC.

They commended the government for its commitment to supporting workers and expressed confidence that the new wage structure would uplift the lives of many citizens.

They also indicated that discussions concerning consequential adjustments for pensioners and other relevant issues would take place following consultations with key stakeholders.

In his remarks, Ogun State Head of Service Mr. Kehinde Onasanya acknowledged the significance of the new minimum wage approval, describing it as a demonstration of the governor’s responsiveness to the needs of workers and the general populace.

Advertisement

He expressed optimism that this move would not only enhance worker morale but also encourage greater commitment to the implementation of government policies aimed at societal advancement.

This decision by Governor Abiodun reflects a broader understanding of the economic pressures faced by workers in Ogun State.

By prioritizing fair wages and engaging in meaningful dialogue with labor leaders, the governor aims to foster an environment where the interests of workers are safeguarded.

As Ogun State moves forward, the hope is that this policy will serve as a catalyst for similar initiatives across the country, improving the quality of life for workers in various sectors.


 

Advertisement

News

Naira Among Sub-Saharan Africa’s Weakest Currencies in 2024, Depreciates by 43%

Published

on


The Nigerian naira has been named one of the weakest currencies in Sub-Saharan Africa in 2024, depreciating by 43% year-to-date, according to the World Bank’s Africa’s Pulse report.

This decline is due to high demand for U.S. dollars, limited inflows, and slow forex disbursements from the central bank. Despite reforms, broader economic challenges, including low reserves and inflation, continue to weigh on the naira.

However, the currency saw some recovery on October 14, appreciating by 5.69%. The World Bank projects Nigeria’s economy will grow by 3.3% in 2024.


 

Continue Reading

News

Shehu Sani Accuses World Bank of Prolonging Nigeria’s Hardship

Published

on


Former Kaduna Central Senator Shehu Sani accused the World Bank on Wednesday of worsening the hardships faced by Nigerians. He claimed the organization plans for Nigeria’s struggles to continue for another 15 years before any relief is seen.

In a post on X, Sani wrote, “The World Bank wants hardship to last for 15 more years before we reach the promised land. But how many people will still be around to benefit? And how many African countries has the World Bank actually helped reach the promised land?” His remarks came after the World Bank reported that the Nigerian Naira was among the weakest currencies in sub-Saharan Africa by August 2024. The Naira, which declined by 43%, dropped alongside the Ethiopian Birr and South Sudanese Pound due to high dollar demand and low dollar inflow.


 

Continue Reading

News

Tragic Jigawa Tanker Explosion Claims 90 Lives With 50 Injured

Published

on

Photo source: Google

A tragic petrol tanker explosion in Majiya Town, Taura local government area of Jigawa State claimed the lives of at least 90 people on Tuesday night.

The devastating accident occurred near Khadija University when the driver of the tanker lost control around 11:30 p.m.

The vehicle, which had departed from Kano and was en route to Nguru in Yobe State, exploded shortly after the crash, engulfing the area in flames.

According to the police spokesperson in Jigawa, Mr. Shi’isu Adam, 50 individuals who sustained various injuries are currently receiving treatment at Ringim General Hospital.

Many of them are in critical condition, with some facing life-threatening burns.

Advertisement

Mr. Adam revealed that the high number of casualties was largely due to the crowd that gathered around the site of the crash despite repeated warnings from authorities to avoid accident scenes involving fuel tankers.

He expressed concern over this persistent disregard for safety precautions, stating that it was the primary reason for the massive loss of life in this incident.

“We’ve consistently advised the public to stay away from such sites, but unfortunately, many people rushed to the scene, leading to these tragic deaths,” Mr. Adam said.

The scale of the disaster has left the community in shock. Families who lost loved ones are in deep mourning, while others anxiously await news about their hospitalized relatives.

In response to the large number of victims, local officials have scheduled a mass burial for Wednesday morning at 9 a.m., with families and community leaders expected to attend.

Advertisement

The tanker explosion has raised concerns about the frequency of such accidents in Nigeria, particularly in rural areas where emergency response is slower and where residents often approach accident sites unaware of the dangers.

Safety experts have called for more public awareness campaigns and stricter enforcement of safety protocols to prevent future tragedies.

This heartbreaking event highlights not only the risks associated with fuel transportation but also the importance of educating the public on how to react in emergency situations.

The people of Jigawa are now left to pick up the pieces from this horrific event while hoping for the recovery of those still fighting for their lives in the hospital.


 

Advertisement
Continue Reading

Trending