Fuel Crisis: Fed Govt talk with Labour continue today at 3pm

Talks between the Federal Government and organised labour on the increase in the pump price of petrol ended in a deadlock on Monday night, Punchng report. Briefing journalists at the end of the four-hour meeting on Tuesday morning, the Secretary to the Government of the Federation, Mr. Babachir Lawal, said the two parties had “a […]

Read More
world news, trump, u.s., business news, stock market, entertainment news, business news, company news, market, commodities, commodity, Africa news

Fed Govt to hold talk with NLC to prevent strike

Following threats to embark on a nationwide strike over the new fuel price, the Federal Government plans to hold talks with the Nigeria Labour Congress (NLC) and the Trade Union Congress (TUC). Secretary to the Government of the Federation (SGF) Babachir David Lawal might lead the government’s team which will include some ministers, The Nation […]

Read More

Labour urge Fed Govt to Revert to old fuel price or face shut down

Organised Labour, made up of the Nigeria Labour Congress (NLC) and the Trade Union Congress of Nigeria (TUC) and their civil society allies has given the Federal Government till 12 midnight of Tuesday, 17th May, to revert to the old pump price of petrol or face a nationwide shut down if the economy, The Nation […]

Read More

Mixed reactions, NLC protest hike in fuel price

It has been a long standing argument by critical assessors of the economy that deregulation remains the tonic to turn around the fortunes of the downstream sector of the oil and gas industry. Those who canvass this position argue that it will provide enduring solution to the recurring scarcity of petroleum products and halt the […]

Read More
world news, trump, u.s., business news, stock market, entertainment news, business news, company news, market, commodities, commodity, Africa news

Fed Govt to negotiate with Labour on new minimum wage

Minister of Labour and Employment Senator Chris Ngige has said the government would negotiate with the leadership of Nigeria Labour Congress (NLC) on the new N56,000 minimum wage presented to it by the organised labour. Speaking when he received the leadership of the Organisation of Trade Union in West Africa (OTUWA) in his office, Ngige […]

Read More
world news, trump, u.s., business news, stock market, entertainment news, business news, company news, market, commodities, commodity, Africa news

Not in accord to review minimum wage every 5 years – Fed Govt

[T]he Federal Government has said it has no agreement with organised labour for a review of the National Minimum Wage every five years. The Executive Chairman, National Salaries Income and Wages Commission, Dr. Richard Egbule, said the issue of the five-year period for the review of the national minimum wage was part of recommendations made by […]

Read More
world news, trump, u.s., business news, stock market, entertainment news, business news, company news, market, commodities, commodity, Africa news

May Day: NLC official expresses disappointment as FG ignores minimum wage proposal

The Federal Government on Sunday kept mute over the recent demand by the organised labour for a new minimum wage of N56,000. According to Punchng, The issue of the minimum wage was not mentioned by the Minister of Labour and Employment, Dr. Chris Ngige, who represented President Muhammadu Buhari, at the May Day rally in Abuja. […]

Read More
world news, trump, u.s., business news, stock market, entertainment news, business news, company news, market, commodities, commodity, Africa news

NLC faction denies N56k minimum wage, demands N90k amidst exchange rate

AHEAD of today’s Workers’ Day, also known as May Day, a faction of the Nigeria Labour Congress, NLC, led by Joe Ajaero, yesterday, rejected the N56,000 national minimum wage proposal reportedly sent to the Federal Government by the Ayuba Wabba-led NLC and Trade Union Congress of Nigeria, TUC, saying it was not in tune with […]

Read More

Nigeria Labour Congress, TUC proffer N56,000 as new minimum wage

The Nigeria Labour Congress (NLC) and the Trade Union Congress of Nigeria (TUC) have jointly proposed N56,000 as the new minimum wage to the Federal Government as against the present N18,000. The NLC president, Ayuba Wabba, said this at a news conference on Wednesday in Abuja. Wabba said both the NLC and the TUC made […]

Read More

Govs. Not Honest About Minimum Wage – NLC

The Nigeria Labour Congress (NLC) accused yesterday state governors of mis-informing Nigerians on their capacity to pay the N18, 000 minimum wage and asked those of them who know they cannot pay resign immediately. National President of the Congress, Mr Ayuba Wabba told newsmen in Ilorin, Kwara state that contrary to the position of some […]

Read More