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Market Digest Nigeria


Nigerian Newspapers Headlines (29th April,2019)

minimum wage

Recently President Buhari approved the implementation of the N30,000 minimum wage. This came after a tussle by the Nigerian Labour Congress (NLC) for the minimum wage to be increased from N18,000 to N30,000. However state chapters of the NLC  have decided to meet and negotiate with state governments on the implementation of the new minimum wage by workers day, 1st May, 2019.

This made headline story for some major Nigerian Newspapers. Read more about this below:

minimum wage

Punch Newspaper: N30,000 minimum wage: NLC chapters set to write govs on implementation

Some state chapters of the Nigeria Labour Congress have indicated strongly that they  will as from May 1 begin talks with their state governments on the implementation of the N30,000 minimum wage recently approved by President Muhammadu Buhari. While others insisted that they would wait for a circular from the National Salaries, Incomes and Wages Commission before they could start negotiation.

The State NLC said that they would not tolerate any reduction in the N30,000 minimum wage by any state government. The newly inaugurated State Chairman of the NLC, Ekiti State Olatunde Kolapo told The PUNCH that the NLC will meet with the state government on May 1st but not to negotiate because the new minimum wage has been signed into law. The meeting is strictly to find out when it will be implemented, because NLC in Ekiti will not accept anything less than N30,000.

The state NLC Chairman of Osun State, Jacob Adekomi said they have received communication from the NLC Headquarters to begin negotiations with the state government. He said he is certain the government will comply since the new minimum wage is a law.

The newly elected state chairman of Cross River NLC, Benedict Ukpepi said the implementation of the new minimum wage will be his first official assignment and he looks forward to meeting with the state government committee to discuss.

Meanwhile the Akwa Ibom and Delta State governments have both agreed to pay the new minimum wage to their workforce. This was confirmed by the Awka Ibom state Head of Service, Mrs Ekereobong Akpan and the Delta State NLC Chairman, Mr Goodluck Ofobruku.

minimum wage

Guardian Newspaper: Outrage as Dickson signs bill for Bayelsa lawmakers’ life pension

The House of Assembly  in Bayelsa State passed a bill approving life pension for all past and current  members of the legislature. The bill  which was sponsored by the Leader of the House, Peter Akpe, who is said to be a close ally of Governer Seriki Dickson stirred up pandemonium in the state.

Because stakeholders in the state, including civil society organisations and political parties are preparing to protest. The bill approved N500, 000 post-service monthly pension to a speaker of the assembly, while a deputy speaker will receive N200, 000 and a member N100, 000 .

The citizens of the state are accusing the Governor for behind the passing of the bill without prior public hearing with them. They said the Governor is using this bill as compensation for members of his political party that lost their bid to be re-elected as members of the legislature.

minimum wage

Sun Newspaper: Anger over 2023 presidency

The National president of the Miyetti Allah Kautal Hore, Alhaji Bello Bodejo, has come under attacks over comment that the north will retain the presidency beyond 2023. Bodejo who spoke at the weekend  categorically told southerners, particularly the South East and Asiwaju Bola Tinubu, believed to be jostling to succeed President Muhammadu Buhari to forget it. However, the Concerned Fulani Leaders Forum  disowned Bodejo who they claimed lacked the mandate and moral standing to speak for the Fulani.

Meanwhile the Ohanaeze Ndigbo said Bodejo neither spoke for the north nor for the millions of progressive people scattered in the middle-belt. The Deputy National Publicity Secretary of Ohanaeze, Chief Chuks Ibegbu warned those who believe Nigeria belonged to them to desist from self-delusion, emphasizing that the Nigeria of today was not the Nigeria of old.



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