News
MINIMUM WAGE: FG, Labour, Private Sector Set to Resume Negotiation on Friday
The Tripartite Committee meeting on the new minimum wage will reconvene on Friday, May 31, 2024, as the Federal Government has extended an invitation to Organised Labour for the continuation of negotiations.
The letter which was signed by the Secretary of the Committee, Ekpo Nta, was sent to the Presidents of the two labour centres namely the Trade Union Congress (TUC) and the Nigeria Labour Congress (NLC).
The scheduled meeting will be the seventh in the series of meetings by the committee, as members try to agree on what should be the new minimum wage.
The last meeting on Tuesday was deadlocked as the Organised Labour rejected the ₦60,000 offer by the Federal Government.
The labour representatives in the committee however adjusted their demands downward from the initial ₦497,000 naira minimum wage request to ₦494,000 naira.
For months, labour unions and the Federal Government have been locked in negotiations over a new minimum wage with the former giving an ultimatum of May 31st.
Labour had initially demanded a ₦615,000 minimum wage but reduced it twice – now at ₦494,000. The government and the Organised Private Sector had initially proposed ₦48,000 and ₦54,000 which were also rejected by the labour.
During a meeting of the committee on minimum wage on Tuesday, labour rejected the Federal Government’s new minimum wage proposal of N60,000.
According to TUC leader, Festus Osifo, the new proposal does not tally with the nation’s economic realities. He said with Nigeria’s inflation rate of 33.69% as of April 2024 based on data from the National Bureau of Statistics (NBS), labour had to “completely reject” the Federal Government’s latest offer of ₦60,000.
“So, for us, we completely reject it. We want the government to be serious. Let them come and give us a breakdown of how a family is going to live with the minimum wage of ₦60,000,” he said.
“Remember, our ultimatum still subsists that we have issued on May 1st and today is the 28th day of May. So, what that clearly means is that we still have three days to resolve this matter.”
Since its inception, President Bola Tinubu has introduced a slew of reforms including the removal of fuel subsidies and the floating of the naira.
But Osifo has accused the Tinubu government of policy somersaults and not having “deep thinking”.
“So, for us, we would rate them 2.5 out of 10 which is 25%,” the TUC chief argued.
The labour unions said the current minimum wage of ₦30,000 can no longer cater to the wellbeing of an average Nigerian worker, lamenting that not all governors are paying the current wage award which expired in April 2024, five years after the Minimum Wage Act of 2019 was signed by former President Muhammadu Buhari. The Act should be reviewed every five years to meet up with contemporary economic demands of workers.
NLC President Joe Ajaero had described as “unsubstantial”, the fresh proposals by the government. “It is still not substantial compared to what we need to make a family moving,” the labour leader had said of the current ₦30,000 wage paid to workers in the country.
“The economy of the workers is destroyed. The workers don’t have any economy. I think there are two economies in the country; the economy of the bourgeoisie and the economy of the workers. I think we have to harmonise this so that we can have a meeting point,” Ajaero had said.
Business
Chris Kolade Leadership Award Loading As KMEN Sets for MegaSummit 2026
Kingdom Men Global Network aka KMEN has formally announced the programmes of the 13th edition of its flagship annual gathering for men, Mega Summit.
This year’s event will open on Thursday May 14 and end on Sunday May 17 with an all-men musical concert.
The 2026 edition of Mega Summit which will hold at the Presken Hotels on Alade Avenue opposite Airport Hotel, Ikeja Lagos has as theme: Legacy…Faith. Family. Community. And for the first time Mega Summit will host an award on the opening day in memory of foremost Nigerian diplomat and integrity personified and pioneer Chairman of the Board of Trustee of KMEN, late Dr Christopher Kolade who died last year at the age of 92.
The KMEN-Christopher Kolade – Men in Leadership Award for Courageous Manhood will be heralded by the Men in Leadership Summit (MiLEADS) with the sub-theme – Building a Culture of Leadership with Integrity. And will have as speakers Archbishop John Osa-Oni of Vineyard Christian Ministries., Pastor Tunde Bakare of The Citadel Global Community Church, and renowned Pharmacist, entrepreneur and politician Mazi Sam Ohuabunwa, OFR.

Pastor Tunde Bakare
Day two will feature another special session for Men in Church Leadership (MiCLEADS) with the sub-theme: Leaving a Legacy of Faith/Discipling for the Next Generation, and will have as speakers Bishop Sunday Onadipe, Bishop, Methodist Church of Nigeria, Diocese of Badagry, Apostle Eyinnaya Okwuonu, former Chairman of Pentecostal Fellowship of Nigeria (PFN), Lagos Chapter., Pastor Dominion Roberts from Liberia, and Rev Fr Matthew Ogunyase of the Catholic Mission, Lagos.
While day three will open with a Special Town Hall discussion on Family with the sub-theme – The Father’s Role in Shaping Legacy and is the only mixed gender panel for Mega Summit 2026 featuring foremost life change coach, Mrs. Yemisi Lagunju and Rev David Abraham, who is the managing director of Managing Business for Christ (MBFC).
On Saturday is a Special Town Hall on Resisting an Emerging Legacy of Addictions. This segment will feature a presentation by Dr Dokun Adedeji on the ravage of Drug Addictions, alongside Abiose Akolade Ladipo, Co-Founder of GamblePause, a Lagos-based NGO in the fight against Gambling Addictions.
Later in the afternoon on Saturday is a second Town Hall session on Business and Economy with the sub-theme: Building Sustainable/Generational Businesses, and will feature notable panelists like Rev Professor Biodun Adedipe Founder of BA and Associates, and Rev Dr Abba Peter, Managing Director of Best Practices Limited, among others.Other Town Hall segments at Mega Summit 2026 include that on Politics/Governance with the sub-theme: Swimming Against the Tide – National Transformation through Service, and another Town Hall on Media featuring Mr. Mustapha Isah Osikhekha, former President of the Nigerian Guild of Editors (NGE), Omoba Deji Irawo and others as they navigate best way to Reclaim the Narrative: Legacy in Digital Spaces.
An extra-ordinary edition, the 13th edition of Mega Summit will also have segments designed to equip leaders in men’s ministry through the instrument of KMEN’s School of Men’s Ministry/ISI Training. Each day of Mega Summit 2026 is divided into three segments – morning starting at 9 am, afternoon session and evening climaxing with an impartation service.KMEN is an uncompromisingly Bible-based, independent ministry to men. Established nearly two decades ago, the ministry’s objective is to assist men, irrespective of their church affiliations, in their Christian Walk, that they may become better sons, brothers, husbands, fathers and leaders.
News
MU Plans Casemiro’s £80m Replacement
Manchester United are ready to spend in the region of £150million to sign three central midfielders this summer if there is enough room in the transfer budget.
Daily Mail Sport understands that United have earmarked around £80m for a marquee signing to replace Casemiro, who will leave at the end of his contract despite hopes among some fans that he could extend his stay at Old Trafford.
United know their No 1 target Elliot Anderson is likely to cost in excess of £100m, and Manchester City are in pole position to sign the Nottingham Forest star.
Brighton’s Carlos Baleba, Adam Wharton of Crystal Palace, Newcastle midfielder Sandro Tonali and Real Madrid’s Aurelien Tchouameni are other names in the frame, although United’s interest in Tonali has cooled slightly and Tchouameni wants to sign a new contract at the Bernabeu.
United are prepared to spend around £40m on another midfielder to replace Manuel Ugarte if they can get a reasonable price for the Uruguayan who cost £50m from Paris Saint-Germain two years ago.
West Ham’s Mateus Fernandes has emerged as a player of interest, and Bournemouth duo Alex Scott and Tyler Adams would also fall into that category.
Despite tying Kobbie Mainoo to a new long-term contract, United could strengthen their squad by signing a third midfielder for about £20m. It’s understood that scouts have been monitoring the progress of Southampton’s Shea Charles.
However, it will depend on how much money is available with United expected to bring in a left-sided forward, left-back, central defender and a reserve goalkeeper in the summer.
The club will have considerably more to spend after confirming their return to the Champions League by beating Liverpool on Sunday, which is worth in excess of £100m.
United also hope to bank significant transfer fees for Rasmus Hojlund, Marcus Rashford, Andre Onana, Ugarte and, possibly, Joshua Zirkzee while creating additional space on the wage bill by offloading Casemiro, Jadon Sancho, Tyrell Malacia and Altay Bayindir.
International News
Doku insists On League Victory Despite Everton Draw With Man City
Jeremy Doku insisted Manchester “will keep on fighting” in the Premier League title race despite their “painful” draw with Everton on Monday.
City drew 3-3 with the Toffees at Hill Dickinson Stadium, with Doku scoring a 97th-minute equaliser, having also scored the opening goal.
Doku’s equaliser (96:49) is City’s third-latest goal on record (since 2006-07) in a Premier League game after John Stones’ strike against Arsenal in September 2024 (97:14) and Gabriel Jesus’ goal against Everton in February 2019 (96:52).
Doku has had a hand in six goals across his last five games for City in all competitions (four goals, two assists), as many as in his previous 22 games combined (one goal, five assists).
The Belgian also created the most chances in the match against Everton (four), completed the most dribbles (5/7) and won the most duels (14/19).
City avoided defeat in a Premier League game despite trailing by 2+ goals as late as the 82nd minute for the first time since March 2012 against Sunderland (3-3).
They went on to win the league title in 2011-12, and Doku believes City can still beat Arsenal to the trophy this season.
“First half, we played well and created a lot of chances. We know if we don’t score those chances, it is going to get difficult at the end,” said Doku.
“Obviously, they are at their own stadium, they create chances, and they are dangerous, and they scored two goals, but I think we gave them the game.
“Good that we came back because one point is not bad in games like this.
“We will see. It feels painful now. There is still a lot of games to go. We lost two points, but we know that one point can be important at the end.
“We will keep on fighting. We owe it to ourselves and to our fans.”
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