Parrotmouthblog News had earlier reported that Tinubu in his October 1st message announced that the increment of the salary is to cushion the effect of the withdrawal of the petrol subsidy.
Additionally, the organized employees rejected the proposed six-month Provisional wage increase and the N15 million additional Conditional Cash Transfer for vulnerable households.
On the occasion of Nigeria’s 63rd Independence Anniversary, Tinubu stated in a nationwide broadcast, “Based on our discussions with labor, business, and other stakeholders, we are introducing a provisional wage increase to increase the federal minimum wage without causing excessive inflation. For the next six months, the average low-level worker will receive a monthly increase of Twenty-Five Thousand Naira.
Beginning this month, the social safety net will be expanded to include an additional 15 million vulnerable households through the expansion of cash transfer programs.
According to Vanguard, organized labor demanded 100 percent of the present minimum wage in a meeting with the federal government.
Labour also insisted that the provisional wage should apply to all workers and continue until the new minimum wage is authorized the following year, rather than for only six months.
The organized labor also demanded that the Conditional Cash Transfer for the poorest and most vulnerable individuals be increased to N25,000 from the N5,000 paid by the previous administration.
A Jigawa State High Court No. 8 sitting in Kaugama Local Government Area on Friday convicted and sentenced three men Read more
Banks are decrying low cash deposits by customers who primarily fear being trapped again, according to several bank officials who Read more
The Independent Petroleum Marketers Association of Nigeria, IPMAN, has insisted that it is opposed to the removal of subsidy on Read more
The Federal Competition and Consumer Protection Commission has approved 173 digital lending applications to operate in the country. Of the Read more