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FG, Labour settle for N70,000 Minimum Wage

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The Federal Government and the Organized Labour on Thursday settled for N70, 000 as the new minimum wage.

The agreement was reached after the meeting between President Bola Tinubu and the leadership of the Organized Labour as well as some members of the government team on the Tripartite Committee on the new national minimum wage.

Recall that the Tripartite Committee had submitted two different figures in its report to the President as a result of the disagreement between the government, the private sector and the organized labour.

 

While the government and the private sector offered N62,000, the Organized Labour demanded N250,000.

 

Speaking to State House correspondents after the closed door meeting with the President, the Minister of Information and National Orientation, Mohammed Idris, disclosed that President Tinubu agreed to pay N70, 000 from the initial offer of N62,000.

 

According to him, “Today’s a happy day for Nigeria. You recall that last week we had a meeting here and the organized, private sector and the sub-nationals have also held their various meetings with Mr. President following the submission of the tripartite agreement to Mr. President.

 

“Labour came last week. They had meeting with Mr. President. They asked for adjournment for a week to go and consult further. They did those consultations. They have come back today and we have met with Mr. President.

 

“We’re happy to announce today that both the federal government and organized Labour have agreed on an increase on the N62,000. The new national minimum wage that we expect us to submit to the National Assembly for legislation is N70,000.

 

“But that is not all. There is also a boost like Mr. President has assured to ensuring that massive investment is going to be made in the area of infrastructure. There is also a deepening of the investment of the federal government in renewable energy.

“More money is going to go into the acquisition of more buses, the CNG buses, Nigeria is going to be more CNG compliant, according to the President.

 

“We’re moving in this transition to renewable and all other things that Mr. President has assured Labour the issue of ASUU (Academic Staff Union of Universities), SSANU (Senior Staff Association of Nigerian Universities) and NASU (Non-Academic Staff Union of Educational and Associated Institutions) is also going to be looked at.

 

“And we are happy, we are very thankful of the role that the organized labour has played today. They recognized the federal government’s role in ensuring that we have the local government autonomy, and also ensuring that both the organized Labour and the government are on the same page today.

 

“They have seen the magnanimity of the President and today the leadership of Laborur said they didn’t come here for negotiation, not at all, they came here in that deep sense of patriotism to ensure that Nigeria remains united, Nigeria becomes more prosperous and it is in that spirit, that they are in agreement with what the federal government has done today.

 

“We want to thank labour for their patriotism. We also want to thank Mr President, the federal Government, the sub-nationals and organized private sector for going through this painstaking effort but also ensuring that at the end of the day Nigeria is the winner for it all.”

Also speaking, the Minister of State for Labour and Employment, Nkeiruka Onyejeocha said that President Tinubu has always shown that he would not disappoint the country which he has exhibited.

 

She recall that Labour met with the President last week, and they (labour) asked that President Tinubu should give them one week to consult more.

 

“And of course, at the end of the day, the consultation came, very fruitful because the President said he has to be a father. That it is not the issue of the law of who is right, or who will blink the first, that he is our Father, like he has always said.

 

“That we should end the issue of give me N1000, add N1000 and all that. That, first and foremost, that the review of this minimum wage policy has to be reduced to three years, that five years is too long a time to get any minimum wage review that’s not very healthy.

 

“And as of course, that Labour should look at the indices of the economy and accept N70,000, minimum wage, and, of course, that it has to be reviewed every three, years. Not more than that, of course, so that we’re able to evaluate and see whether our economy is picking up, or whether something has to be done further, considering the sensitivity of the issue.

“And, of course, he promised and asked that the Minister of Finance and Coordinating Minister of the economy and the Minister of Budget and Economic Planning, should make sure that they go back to the books, because he has the discretion to look into the issue ot SSANU, NASU and all that, so that their money should be paid.

 

“And they should work out the modalities, whether it’s 50%, or whatever, but that he has given that waiver to be paid, because of course, that was an issue of ‘no work, no pay’, and that that issue has to be led to a rest.”

 

She said that other things were discussed and the President reassured Nigerians that he is not going to rest as he is working diligently to make sure that the economy recovers.

 

She appealed to the organized labour to take into considerations all the efforts of the government in trying to turn things around.

 

Asked to make clarification on the issue of SSANU and NASU, over the four months withheld salaries, Onyejeocha said, “That’s what he said that the Ministers of Finance and Education were there and then Budget and Economic Planning. He told them to go and work out the modalities to pay their money.”

We accept the offer with mixed feelings

On his part, the NLC president, Comrade Joe Ajaero said that the organized labour accepted the President offer of N70,000 with mixed feelings as a result of the prevailing economic circumstances.

 

He said, “Well, we’re here last week and we’re here now. What have been announced in terms of the amount of N70,000 happened to be where we are now. But the good thing about it is that we will not wait for another five years to come on review.

 

“Rather, than settling on a figure that we wait for five years, is like we’ll have to now negotiate even two times within five years, with a view to going up. That is one of the reasons you know why we decided to reach where we are today because of the proviso that ‘you can review in the next three years.

 

“The other one, we came with other issues in the basket, like the issue of SSANU, NASU and others, especially with the affront by the Commissioner of Police FCT, we brought it to Mr. President and talked on the need for that matter to be addressed.

“And magnanimously he asked the agencies concerned to work out the modalities for the payment of those workers in the universities.”

 

The NLC President said that the President promise some incentives like the CNG which will lessen the burden that the Nigerian workers are passing through, but you can see that we are taking this with mix filling because of the situation of the of the economy.

 

“But we have to move ahead despite the situation, and the negotiation can’t linger coming from N62,000 to N70,000 and then with the proviso that we are coming back soon to negotiate it.

 

“We’re taking it back to our constituency to see how they can get a buy in. So that’s what has transpired this afternoon except there’s another question.”

 

Also speaking, the TUC President, Comrade Festus Osifo said, ” So yes, just as been said by the three previous speakers, the Minister of Information Minister of state labour as well as the NLC President, they’ve laid the accounts of what transpired in today’s meeting.

“The President made a pronouncement or announcement of N70,000. That by next week, they should put finishing touches to the bill and do the transmission to the National Assembly.

 

“But why this became a catch is actually because we from the organized labour, we have been pushing that the issue of five years review is to me so much, that a lot a lot of economic indices may have changed, because we are in an era where things are moving very fast in terms of both macro, and micro economic policies.

 

“But with also the caveat that this is going to be done every three years. The next review will be in three years. And after that, pronouncement, we from labour just as has been said, we have received what the President has promised from both ends.

 

“And as he said, said, we made a case for both the SSANU and NASU, that the President should, as a father of the nation, look at it compassionately, and do the needful, so that we will not have a case where the universities would be closed again.

 

“That is actually a problem because it is your children, my brothers that attend these universities. I’m not sure that the kids of the bourgeoisie like those standing behind us, whether they attend these universities, we don’t know.

“So, at the end, he said he was going to look at it and that they should report back to him as has been reported. So we are quite excited with that because for us, anything that will keep the university shutdown, we will not allow it to happen. we will do everything possible to ensure that the issues are resolved amicably. So, we are waiting for the final outcome of that.

 

“Then also the issue of student loan as well, we commended the president for that. but we said that the money should get to the people that are targeted. that the student loan should get to the people that are targeted, not a situation where the children of the rich are also able to access the student loan.

 

“That the parameter be put in place so that the children of the poor, those that cannot actually afford school fees should be the target and they also said they will look at it as well.”

 

 

It will be recalled that when the Tripartite Committee met, the government team and the private sector started with the offer of N48, 000 then to N54, 000, N57, 000, N60, 000 and finally N62, 000.

 

 

On the other side, the Organized Labour started with N615,000 demand, then N500,000, to N497,000 and finally N250,000.

 

 

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US, Iran in counter threats over Strait of Hormuz

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As the stand-off over the Strait of Hormuz continued, following its effective blockade by Iran, the US and the gulf state are trading threats of further destruction of energy and oil infrastructure across the Middle East with US President, Donald Trump, saying Tehran would face possible obliteration of its energy facilities if it failed to reopen the channel within 48 hours.

 

In a swift response, Iran threatened to irreversibly destroy US-linked energy sites across the Middle East if its power plants were targeted.

The 48 hours deadline expires today.

Trump’s ultimatum came hours after two Iranian missiles struck southern Israeli towns of Arad and Dimona, injuring more than 160 people in the most destructive attack since the war began.

This, the Israeli Prime Minister, Benjamin Netanyahu, vowed to retaliate “on all fronts”.

Iran had blocked the vital waterway, which carries a fifth of global crude oil trade in peacetime, as its key leverage in the war.

The standoff has sent crude oil prices soaring, with North Sea Brent crude now trading above $105 a barrel, as long-term consequences for the global economy become an acute concern.

The ultimatum, made just a day after the US president said he was considering winding down military operations after three weeks of war, came as the key oil passage remained effectively closed and thousands more US Marines headed to the Middle East.

Iran’s foreign minister, Abbas Araghchi, said Tehran had imposed restrictions only on vessels from countries involved in attacks against Iran, and would assist others that stayed out of the conflict.

Meanwhile, issuing the threat via  his Truth Social, Trump said that the US would “hit and obliterate various Iran power plants starting with the biggest one first if Tehran did not fully reopen the strait within 48 hours.”

Reinforcing Trump’s threat, US Treasury Secretary, Scott Bessent, said the US may need to “escalate” its attacks against Iran to be able to wind down the war.

Asked on NBC’s “Meet the Press” if Trump was winding down or escalating the war, Bessent said: “They’re not mutually exclusive. Sometimes you have to escalate to de-escalate.”

“This is the only language the Iranians understand,” he argued.

Iran threatens US-linked Gulf energy sites after

In response to Trump’s threat, Iran’s army said it would target energy and desalination infrastructure belonging to the US and the regime in the region, according to the Fars news agency.

In a post on X, speaker of the Iranian parliament, Mohammad-Bagher Ghalibaf,

said that vital infrastructure, energy and oil facilities throughout the region will be considered “legitimate targets” and would be destroyed in an irreversible manner.

“Immediately after the power plants and infrastructure in our country are targeted, the critical infrastructure, energy infrastructure, and oil facilities throughout the region will be considered legitimate targets and will be destroyed in an irreversible manner, and the price of oil will remain high for a long time,” Ghalibaf said.

Similarly, Iran’s Islamic Revolutionary Guard Corps (IRGC) intelligence unit in a post on X published by the IRGC affiliated Fars News Agency, said that it is thinking “beyond just the region”.

The post explained that this referred to a “red target bank” of technological and political targets in response to threats against power plants, suggesting that action could be taken “in less than 48 hours”.

The post also lists several achievements the IRGC claimed to have made during the war, including what it described as the “consolidation of power in the Strait,” and “control of global energy.”

To completely shut down the strait

Besides the threats of targeting energy infrastructure across the region,  Iran’s military also threatened to completely shut down the strategic Strait of Hormuz if Trump acts on threats to target the country’s power plants.

“If the United States’ threats regarding Iran’s power plants are carried out… the Strait of Hormuz will be completely closed, and it will not be reopened until our destroyed power plants are rebuilt,” the military’s operational command, Khatam Al-Anbiya, said in a statement carried by state TV.

The military said it would also strike Israel’s “power plants, energy, and information and communications technology (ICT) infrastructure”, along with power plants in regional countries hosting US bases and companies with US shareholders.

It added that the measures will be taken “to defend our country and the interests of our nation”.

Iran charges $2m from ships passing through Strait of Hormuz – Iranian MP

BBC quoted Iranian Member of Parliament, Alaeddin Boroujrrdi, as saying on state TV that some of the ships that pass through the Strait of Hormuz were being charged “ a $2 (£1.5) million fee” by Iran.

He said that a “new governing regime” was being imposed in the Strait claiming that “war has costs”. According to him, the closure of the Strait shows the “authority and right that the Islamic Republic of Iran possesses”.

Iran’s deadly strikes on southern Israel injures 160

Meanwhile, retaliating against Israel’s strike on its Natanz nuclear facility, Iran struck southern Israel towns of Arad and Dimona, injuring more than 160 people in the most destructive attack since the war began. The Israel prime minister, Benjamin Netanyahu, vowed to retaliate “on all fronts”

The strikes, which slipped through Israel’s missile defence systems, tore open the facades of residential buildings and carved craters into the ground.

First responders said 84 people were injured in the town of Arad, 10 of them seriously. Hours earlier, 33 were wounded in nearby Dimona, where AFPTV footage showed a large hole gouged into the ground next to piles of rubble and twisted metal.

Dimona hosts a facility widely believed to be the site of the Middle East’s only nuclear arsenal, although Israel has never admitted to possessing nuclear weapons.

The Israeli army told Agence France-Presse there had been a direct missile hit on a building in Dimona, with casualties reported at multiple sites, including a 10-year-old boy in serious condition with shrapnel wounds.

Iran said the targeting of Dimona was retaliation for Israeli strikes on its Natanz nuclear facility, with the IRGC saying forces also targeted other southern Israeli towns as well as military sites in Kuwait and the UAE.

After the Natanz attack, the UN nuclear watchdog chief, Rafael Grossi, reiterated his call for “military restraint to avoid any risk of a nuclear accident”.

The Natanz facility hosts underground centrifuges used to enrich uranium for Iran’s disputed nuclear programme; it sustained damage in the June 2025 war.

The Israeli military denied it was behind the Natanz strike, but said it had struck a facility at a Tehran university that it claimed was being used to develop nuclear weapon components for Iran’s ballistic missile programme.

Attacks on nuclear sites create escalating threat to public health, WHO chief warns

The Iran war has reached a “perilous stage” as both sides target nuclear facilities, the Director-General of the World Health Organisation, Tedros Adhanom Ghebreyesus, has warned.

Ghebreyesus cited reports about Israel striking the Natanz enrichment complex in Iran, and retaliatory Iranian attacks on the Israeli city of Dimona, where a nuclear facility is located.

Ghebreyesus said the International Atomic Energy Agency was looking into both attacks.

“No indications of abnormal or increased off-site radiation levels have been reported,” he said in a post on X.

But he added: “Attacks targeting nuclear sites create an escalating threat to public health and environmental safety.

“Since the outbreak of hostilities, WHO has provided critical training to its own staff and UN personnel across 13 countries to help them respond effectively to public health threats in the event of a nuclear incident.

“I urgently call on all parties to exercise maximum military restraint and avoid any actions that could trigger nuclear incidents.

“Peace is the best medicine.”

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Peru Congress Impeaches Interim President After Four Months In Office

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Peru’s Congress on Tuesday impeached interim president Jose Jeri, the Latin American country’s seventh head of state in 10 years and only the latest to be toppled over graft claims.

Jeri, 39, was accused of the irregular hiring of several women in his government and of suspected graft involving a Chinese businessman.

In office since last October, Jeri took over from unpopular leader Dina Boluarte, who was also impeached amid protests against corruption and a wave of violence linked to organised crime.

Prosecutors last week opened an investigation into “whether the head of state exercised undue influence” in government appointments.

Jeri has protested his innocence.

Jeri — at the time the head of Peru’s unicameral parliament — was appointed last year to serve out the remainder of Boluarte’s term, which runs until July, when a new president will take over following elections on April 12.

He is constitutionally barred from seeking election.

Jeri has found himself in the spotlight over claims revealed by investigative TV program Cuarto Poder that five women were improperly given jobs in the president’s office and the environment ministry after meeting with Jeri.

Prosecutors said there were in fact nine women.

Jeri is also under investigation for alleged “illegal sponsorship of interests” following a secret meeting with a Chinese businessman with commercial ties with the government.

Institutional Crisis 

Some observers have pointed to possible politicking in the censure of Jeri just weeks before elections for which over 30 candidates — a record — have tossed their hats into the ring.

The candidate from the right-wing Popular Renewal party, Rafael Lopez Aliaga, who leads in opinion polls, has been among the most vocal in calling for Jeri’s ouster.

Congress is now set to elect its own new leader on Wednesday to replace a caretaker in the post. The new parliament president will automatically take over as Peru’s interim president until July.

“It will be difficult to find a replacement with political legitimacy in the current Congress, with evidence of mediocrity and strong suspicion of widespread corruption,” political analyst Augusto Alvarez told AFP ahead of Tuesday’s vote.

Peru has now burned through seven presidents since 2016, several of them impeached, investigated or convicted of wrongdoing.

The South American country is also gripped by a wave of extortion that has claimed dozens of lives, particularly of bus drivers — some shot at the wheel if their companies refuse to pay protection money.

In two years, the number of extortion cases reported in Peru jumped more than tenfold — from 2,396 to over 25,000 in 2025.

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Social Media Suspended In Gabon ‘Until Further Notice’

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Gabon’s media regulator on Tuesday announced the suspension of social media platforms “until further notice”, blaming content posted online for stoking conflict and division in society.

 

The High Authority for Communication imposed “the immediate suspension of social media platforms in Gabon”, its spokesman Jean-Claude Mendome said in a televised statement.

He said “inappropriate, defamatory, hateful, and insulting content” was undermining “human dignity, public morality, the honour of citizens, social cohesion, the stability of the Republic’s institutions, and national security”.

The communications body spokesman also cited the “spread of false information”, “cyberbullying” and “unauthorised disclosure of personal data” as reasons for the decision.

“These actions are likely, in the case of Gabon, to generate social conflict, destabilise the institutions of the Republic, and seriously jeopardise national unity, democratic progress, and achievements,” he added.

The regulator did not specify any social media platforms that would be included in the ban.

However, the regulator said “freedom of expression, including freedom of comment and criticism,” remained “a fundamental right enshrined in Gabon”.

Less than a year after being elected, Gabonese President Brice Oligui Nguema has faced his first wave of social unrest, with teachers on strike and other civil servants threatening to down tools.

School teachers began striking over pay and conditions in December and protests over similar demands have since spread to other public sectors — health, higher education, and broadcasting.

 

 

AFP

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