The Federal Government has urged Organised Labour to accept the new minimum wage proposal, considering the capacity and ability of the government and the private sector to pay. Minister of Labour and Employment, Sen. Chris Ngige, made the call when he received the new Director-General of Nigeria Employers Consultative Association (NECA), Mr Timothy Olawale, on […]
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At the backdrop of consistent positive figures reported on Nigeria’s macroeconomic indicators in the past one year, the Nigeria Employers’ Consultative Association, NECA, has indicated that their findings reveal continued adversity for both individuals and businesses in the country. They attributed the situation to misalignment of fiscal policy of the federal government where the bulk […]
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The expectation of Nigerian workers to get a new wage soon may not be a reality in spite of the inauguration of the committee as the Nigeria Employers Consultative Association (NECA), said fixing the new minimum wage will not be easy. The employers body has equally disclosed that trends from 1981 national minimum wage meetings […]
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The Federal Government has set average growth rate target of 8.5 per cent to 10.6 per cent for the manufacturing sector over the next four years under the Economic Recovery and Growth Plan, ERGP. Minister of Budget and National Planning, Sen. Udoma Udo Udoma, disclosed this while addressing industrialists during the 60th annual general meeting […]
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The Nigeria Employers Consultative Association, NECA, has expressed concern over the non-approval by the National Assembly of Board of some key regulatory agencies, including the Securities and Exchange Commission, SEC; National Pensions Commission, PenCom; Financial Reporting Council of Nigeria, FRCN; and Nigerian Social Insurance Trust Fund, NSITF. Speaking at a press conference to mark the […]
Read More The Nigeria Employers Consultative Association (NECA) has explained why its members could not pay the proposed national minimum wage. Its Director-General, Mr Olusegun Oshinowo, said at a briefing in Lagos that they could not pay because of the recession which has effected their members’ businesses. He said the association would canvass this position at the […]
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