Federal Character
  • Home
  • News
  • Politics
  • Business & Finance
  • Entertainment
  • Sports
  • Tech
  • Relationship and Life
  • Fashion & Lifestyle
  • Food & Nutrition
  • Health
  • Opinion
No Result
View All Result
  • Home
  • News
  • Politics
  • Business & Finance
  • Entertainment
  • Sports
  • Tech
  • Relationship and Life
  • Fashion & Lifestyle
  • Food & Nutrition
  • Health
  • Opinion
No Result
View All Result
Federal Character
No Result
View All Result
Home Government

Organized Labour Settles for ₦70,000

Eriki Joan UgunushebyEriki Joan Ugunushe
July 18, 2024
in Government
0
President Tinubu Agrees to Pay N70,000 as Minimum Wage
Share on FacebookShare on TwitterShare on Whatsapp

The President of the Nigeria Labour Congress (NLC), Joe Ajaero, and the Trade Union Congress (TUC) counterpart, Festus Osifo, announced that the Organized Labour has accepted ₦70,000 as the new minimum wage for Nigerian workers. This decision emerged from the realization that wage reviews in Nigeria will now occur every three years instead of every five.

Table of Contents

Toggle
  • Did They Really Have a Choice?
  • NLC President’s Remarks
  • Osifo’s Comments
  • Background of the Negotiations
  • Conclusion

Did They Really Have a Choice?

One might wonder if they had any real choice. While ₦70,000 is barely an improvement, it certainly beats the stingy ₦62,000 proposed by some heartless governors. The public is tired of hearing excuses about governors being unable to pay or threatening to sack workers. It’s high time they stepped up, and the labour unions must remain vigilant.

The announcement came on Thursday after a meeting with President Bola Tinubu at the State House in Abuja. Flanked by Information Minister Mohammed Idris, Labour Minister Nkiruka Onyejeocha, and other officials, Ajaero and Osifo addressed the media.

NLC President’s Remarks

Joe Ajaero stated, “What has been announced in terms of the amount of ₦70,000 is where we are now. But the significant aspect is that we will not wait another five years for a review. Instead, we will negotiate potentially twice within five years. This provision for a review in three years is one reason we reached this agreement today.”

He also mentioned, “We raised other issues, like the concerns of SSANU, NASU, and the affront by the Commissioner of Police FCT. We brought these to Mr. President, who magnanimously directed the concerned agencies to work out modalities for paying university workers.”

Osifo’s Comments

Festus Osifo added, “The President’s announcement of ₦70,000 will be formalized and sent to the National Assembly by next week. We pushed against the five-year review cycle, arguing that economic indicators change too quickly for such delays. Now, we have a three-year review cycle, and labour is prepared for the President’s promise.”

Background of the Negotiations

The “agreement” followed several meetings between labour leaders and President Tinubu after months of failed talks with a tripartite committee on the minimum wage. This committee, comprising state and federal governments and the Organized Private Sector, initially proposed ₦62,000, while labour demanded ₦250,000. Currently, workers earn ₦30,000, a figure deemed unsustainable due to inflation and the high cost of living post-petrol subsidy removal.

Conclusion

The Information Minister confirmed on Thursday that the agreed amount of ₦70,000 would be communicated to the National Assembly in the coming days. While this may not be the ideal figure, it marks a step forward in the relentless struggle for fair wages in Nigeria.

Tags: 000federal charactergovernmentlabourNewsNigeriaOrganized Labour Settles for ₦70
Eriki Joan Ugunushe

Eriki Joan Ugunushe

Eriki Joan Ugunushe is a dedicated news writer and an aspiring entertainment and media lawyer. Graduated from the University of Ibadan, she combines her legal acumen with a passion for writing to craft compelling news stories.Eriki's commitment to effective communication shines through her participation in the Jobberman soft skills training, where she honed her abilities to overcome communication barriers, embrace the email culture, and provide and receive constructive feedback. She has also nurtured her creativity skills, understanding how creativity fosters critical thinking—a valuable asset in both writing and law.

Related Posts

“Bad Weather” to Blame? Investigators Point to Storm in Deadly Ghana Helicopter Crash
Government

“Bad Weather” to Blame? Investigators Point to Storm in Deadly Ghana Helicopter Crash

November 11, 2025
Terror Strikes Islamabad as City Center is Shattered in Deadly Attack
Government

Terror Strikes Islamabad as City Center is Shattered in Deadly Attack

November 11, 2025
2,000 Years of Silence? Turkey’s Plan Could Erase Istanbul’s Mayor Forever
Government

2,000 Years of Silence? Turkey’s Plan Could Erase Istanbul’s Mayor Forever

November 11, 2025
Next Post
The Old Nollywood Fashion Comeback a.k.a The Y2K Re-Emergence

The Old Nollywood Fashion Comeback a.k.a The Y2K Re-Emergence

US Throws Lifeline to Sudan Amidst Humanitarian Crisis

US Throws Lifeline to Sudan Amidst Humanitarian Crisis

Paris 2024: Rihanna Fenty Beauty Partners with Olympic, Paralympic Games

Paris 2024: Rihanna Fenty Beauty Partners with Olympic, Paralympic Games

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recommended

Alcohol Kills 2.6 million People Each Year- WHO

Alcohol Kills 2.6 million People Each Year- WHO

1 year ago
APC National Vice Chairman Resigns Amidst Controversy Over Potential Ganduje Appointment

APC National Vice Chairman Resigns Amidst Controversy Over Potential Ganduje Appointment

2 years ago
Man Confused About His Sexuality After Sleeping With A Trans Woman

Man Confused About His Sexuality After Sleeping With A Trans Woman

1 year ago
Appointment Woes: Trouble Brews As Rivers State Assembly Accuses Fubara Of Misconduct

Appointment Woes: Trouble Brews As Rivers State Assembly Accuses Fubara Of Misconduct

2 years ago

Categories

  • Beauty
  • Business & Finance
  • Entertainment
  • Fashion & Lifestyle
  • Food & Nutrition
  • Government
  • Health
  • News
  • Politics
  • Relationship and Life
  • Sports
  • Tech

Topics

2023 Aboki/Bureau De Change (BDC) apc Arsenal buhari Business cbn chelsea china court Davido Dollar Efcc Election Entertainment Euro and Pounds To Naira Exchange Rate For Today exchange rates for the Nigerian Naira (NGN) Fashion federal character federal government Finance food Football Foreign News government health inec Israel lagos Manchester United Naira Naira Black Market exchange rates News Nigeria pdp police Politics president protest Russia Sports tinubu trump ukraine US
No Result
View All Result

Highlights

Sean “Diddy” Combs Shows Stark Transformation in First Prison Mugshot

Yinka Quadri Celebrates Birth of Granddaughter

Alcaraz fights his way past Fritz to move closer to year-end world #1 at ATP Finals

Cristiano Ronaldo Sets Retirement Date and Aims World Cup 2026 to be His Last

Secret Barcelona Medical Operation Leads to Lamine Yamal Withdrawal and Creates Tension with Spain

You Won’t Believe How Lagos Just Honored Fela Kuti: Live Music, Photos, and a Sea of Underwear

Trending

Why I Missed Paris Concert - Kizz Daniel
Entertainment

Why I Missed Paris Concert – Kizz Daniel

byAyobami Owolabi
November 12, 2025
0

Afrobeats star Kizz Daniel has finally addressed the controversy surrounding his absence at his scheduled concert in...

Stocks Rally After Shutdown — Don’t Trust This Fake Calm

Stocks Rally After Shutdown — Don’t Trust This Fake Calm

November 12, 2025
November Nightmare: Naira Sinks Deeper as Foreign Currencies Tighten Their Grip

November Nightmare: Naira Sinks Deeper as Foreign Currencies Tighten Their Grip

November 12, 2025
Sean “Diddy” Combs Shows Stark Transformation in First Prison Mugshot

Sean “Diddy” Combs Shows Stark Transformation in First Prison Mugshot

November 12, 2025
Yinka Quadri Celebrates Birth of Granddaughter

Yinka Quadri Celebrates Birth of Granddaughter

November 12, 2025

We launched Federal Character in February 2021 based on the belief that the world is in need of smarter and more efficient reporting of events shaping our rapidly changing world. We pledged to put our audience first, always.

Recent News

  • Why I Missed Paris Concert – Kizz Daniel
  • Stocks Rally After Shutdown — Don’t Trust This Fake Calm
  • November Nightmare: Naira Sinks Deeper as Foreign Currencies Tighten Their Grip

Categories

  • Beauty
  • Business & Finance
  • Entertainment
  • Fashion & Lifestyle
  • Food & Nutrition
  • Government
  • Health
  • News
  • Politics
  • Relationship and Life
  • Sports
  • Tech

© 2024 FederalCharacter.com

No Result
View All Result
  • Home
  • News
  • Politics
  • Business & Finance
  • Entertainment
  • Sports
  • Tech
  • Relationship and Life
  • Fashion & Lifestyle
  • Food & Nutrition
  • Health
  • Opinion

© 2024 Federalcharacter.com