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NLC Considers Minimum Wage Review Amid Rising Cost of Living

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NLC Considers Minimum Wage Review Amid Rising Cost of Living

The Nigeria Labour Congress (NLC) is evaluating a fresh assessment of the minimum wage due to the increasing cost of living. President Joe Ajaero announced this during the 8th Quadrennial Delegates Conference of the National Association of Nigeria Nurses and Midwives (NANNM), highlighting the need for the federal government to recommission the Port Harcourt, Warri, and Kaduna refineries.

Ajaero emphasized the importance of organized labor in challenging neoliberal forces and advocating for fair working conditions. He asserted that collective action is essential to combat rising living costs and protect the welfare of healthcare workers. The NLC is determined to engage actively with the government to fulfill its commitments and ensure the financial well-being of workers across Nigeria.

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Obasanjo Sends Strong Message To Those who Wish Him Dead

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Obasanjo Sends Strong Message To Those who Wish Him Dead
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Ekwutosblog has gathered that Former President Olusegun Obasanjo has debunked his death rumours making the rounds on social media, saying he’s alive.

The ex-president, who wondered why some people would wish him such, said he quickly informed his family members that he’s hale and hearty.

Obasanjo stated this on Tuesday during the inauguration of the Old Garage/Oke Fia-Lameco Dual carriageway in Osogbo, Osun State, one of the projects being inaugurated to commemorate the second anniversary of Governor Ademola Adeleke.

“I heard the rumour that I was dead. I saw it on the social media. I quickly told my children and my relations that it was not true and that I was alive. Those who want me dead, that is their wish but God still keeps me alive.

“Why would anyone wish me dead? Those who harbour such thoughts will not escape tragedy themselves.

“This kind of rumour is not only disturbing but shows the extent to which some people misuse technology. It is unacceptable,” Obasanjo stated.

Speaking at the event, the governor, Adeleke stated, that his government is committed to the state’s infrastructure development and provision.

“My dear people of Osun State, our administration has constructed over 120 kilometres of roads across the state. Two major flyovers are also progressing to completion at Osogbo while works are progressing at the Ile-Ife flyover and Ilesa dualisation.

“I have redirected our efforts and plan at the completion of Iwo-Osogbo Road. We have added the dualisation of Odoori-Adeeke Road inside Iwo to be executed in two phases. The first phase will reach the Post Office and the Oluwo Palace, while the second phase will take off from the Post Office to Adeeke Junction.

“I want our people to note for the record that for all our projects and programmes, we did not obtain any loan. We only block leakages in the state’s finances and employ local content to moderate project costs and enforce high stand

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House Approves 2025-2027 MTEF

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House Approves 2025-2027 MTEF
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The House of Representatives has passed the Medium Term Expenditure Framework and Fiscal Strategy Paper for 2025 to 2027 as submitted by President Bola Tinubu.

This followed the consideration and approval of the recommendations of the Joint Committee on Finance and National Planning which laid its report at Wednesday’s plenary.

The House adopted the projected oil benchmark prices pegged at 75 dollars per barrel for 2025, as well as 76.2 dollars and 75.3 dollars per barrel for 2026 and 2027.

Domestic Crude Oil Production Projections for 2025 is put at 2.06 million barrels per day representing a significant increase from 1.78 million barrels per day in the current year.

GDP growth rate is projected at 4.6, 4.4 and 5.5 percent for 2025 to 2027, respectively, while the projected exchange rate is pegged at 1,400 Naira to the US Dollar for years 2025, 2026 and 2027

The MTEF projections aim towards a realistic and sustainable foundation for Nigeria’s budget planning over the next three years.

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President Bola Tinubu has departed Abuja for Paris on a state visit in honour of an invitation from President Emmanuel Macron.

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President Bola Tinubu has departed Abuja for Paris on a state visit in honour of an invitation from President Emmanuel Macron.
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The president is on the trip alongside first lady, Oluremi.

They were seen off by top government functionaries led by secretary to the government of the federation, George Akume, chief of staff, Femi Gbajabiamila.

The presidential zero-one-one air plane took off at about twenty minutes past eleven this Wednesday morning.

A statement by the presidential adviser on information and strategy, Bayo Onanuga reveals that, the Nigerian leader’s three-day visit, which will focus on strengthening political, economic, and cultural relations and establishing more opportunities for partnership, promises significant benefits for Nigeria.

President Tinubu and his wife, are expected to be received on Thursday at the French military museum, Les Invalides and Palais de l’Élysée, by the host president, Macron and his spouse, Brigitte, for initial ceremonies that will dovetail into bilateral meetings.

The two presidents are also to harmonise positions on stimulating more interest in exchange programmes that focus on skill development for youths and improving their competencies in automation, entrepreneurship, innovation, and leadership.

Both leaders will witness a session by the France-Nigeria Business Council, which oversees private sector participation in economic development.

Wife of the host president, Brigitte and Nigeria’s First Lady are also scheduled to discuss the Renewed Hope Initiative and the interest for empowering women, children, and the most vulnerable in Nigeria.

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