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SALARY INCREMENT: “Labor Stresses Openness to Minimum Wage Adjustments”

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L-R: NLC President Joe Ajaero, President Bola Tinubu, TUC President Festus Osifo, and NUPENG President NUPENG National President Williams Akporeha at the Presidential Villa, Abuja on Wednesday, August 2, 2023.

 

Following the lingering discussions on a new minimum wage for Nigerian workers, organised labour has said that it is not fixated on any figure.

The tripartite committee on minimum wage ended its deliberations last week, submitting two figures to President Bola Tinubu for consideration as the new minimum wage.

 

 

While the government and the organised private sector are proposing ₦62,000, organised labour is demanding ₦250,000 as the new minimum wage.

 

However, the President of the Trade Union Congress (TUC), Festus Osifo, who was a guest on Channels Television’s breakfast programme, The Morning Brief on Friday, said no figure is sacrosanct as there is always room for adjustments.

 

“What we said is that for us when we give figures, there is always a room to meander, there is always a room for us to do some adjustment here and there,” Osifo said.

 

 

“So, there is no figure that is sacrosanct, there is no figure that is cast in stone that both parties will be fixated on it. One of the reasons that we went on industrial action the last time was because when it got to N60,000, they told us that a kobo cannot even join the N60,000, that they cannot even add one naira to it.

 

 

“So that was one of the reasons that led to that industrial action beyond the fact that there were also delays.”

 

President Tinubu is expected to send an executive bill to the National Assembly for legislative action.

 

 

The TUC President said that they are not going to pre-empt the President, but they are making all efforts to justify why Tinubu should tilt towards the figure presented by the labour instead of the one by the organised private sector and the government.

 

 

He said that if the President send a figure that is not favourable to the labour to the National Assembly, they will still approach the lawmakers and push them to do much more.

 

 

 

Osifo vowed that the work of the labour leaders will not end until the Minimum Wage Act 2024 becomes law. He said it is premature to predict what labour will do if what is passed is not acceptable to them at the end of the day.

I will approve what Nigeria can afford

 

Meanwhile, President Tinubu has said that he will only approve a new minimum wage that the government can afford.

 

 

He stated this on Wednesday at a dinner to mark Nigeria’s 25 years of unbroken democracy in Abuja.

 

“I have to celebrate with you my dear brother, Senate President, Deputy Senate President,” he said, adding that Senate President Godswill Akpabio and his deputy, Jibrin Barau would soon get an Executive Bill from him on the new minimum wage.

 

 

“The minimum wage is going to be what Nigerians can afford, what you can afford and what I can afford. Cut your coat according to your size, if you have size at all,” he said.

 

I pity Tinubu if he approves unsustainable wage

 

Anambra State Governor, Chukwuma Soludo, says he pities President Tinubu if he approves an “unsustainable” minimum wage for workers in the country.

 

 

The former Governor of the Central Bank of Nigeria (CBN) warned that not all state governments and the organised private sector can pay the ₦62,000 proposed by the Federal Government and the ₦250,000 demand of organised labour.

 

 

Soludo spoke on Wednesday at The Platform Nigeria, a programme by Lagos-based church, Covenant Nation, to mark 2024 Democracy Day.

 

 

“But on the other hand, you have to come back to reality, talking about these MSMEs, the schools, churches, so on and so forth. You will have to pay your own driver. We are all in it. Whatever they agree, we will muddle through but may be after one year, we will need to meet to discuss the consequences.”

 

 

“I pity the President because it will all be on his head if the consequences come down, whatever it is, if whatever is negotiated is unsustainable or payable or whatever. Months to come, who will bear the responsibility? Not me.”

 

 

The discussions for a new minimum wage has lingered for months, with the tripartite committee ending with the two figures last week.

 

 

While labour dropped its earlier demand from ₦494,000 to ₦250,000, the government added ₦2,000 to its initial ₦60,000 and offered workers ₦62,000.

 

 

Both sides submitted their reports to the President, who is expected to make a decision and send an executive bill to the National Assembly to pass a new minimum wage bill to be signed into law by the President.

 

 

 

Business

Chris Kolade Leadership Award Loading As KMEN Sets for MegaSummit 2026

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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.

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MU Plans Casemiro’s £80m Replacement

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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.

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International News

Doku insists On League Victory Despite Everton Draw With Man City

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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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