NEWS
Private Sector Agrees To FG Minimum Wage Proposal, Urges NLC To Reconsider
Ajayi Kadri, the Director-General of the Manufacturing Association of Nigeria, has confirmed that the organised private sector has agreed to the Federal Government’s proposal for a new minimum wage of N60,000.
He revealed this information during an interview with Channels TV in Abuja on Saturday.
Kadri emphasized that the ongoing negotiations between the government, private sector, and labour are focused on establishing a minimum wage, rather than a living wage, which represents the lowest amount payable to any worker in the country.
Additionally, he highlighted the significant economic challenges faced by both labour and private businesses, making it difficult for them to meet the wage demands put forward by labour unions.
He stated, “To start with, this is a very difficult time for anyone to negotiate minimum wage. From the perspective of government, labour and organized private sector, we operate in an environment where there is general acceptance of the fact that the macroeconomics are not right, even the global economy is experiencing a lot of shakeups and the aftermath of government necessary reforms.
“From the beginning of the negotiations of the minimum wage, it’s evident to the tripartite— that is the government, labour, and organized private sector— that we are going to operate in a difficult terrain.
“Incidentally, the organized private sector and government have offered N60,000 as the minimum wage and I think it is very important for us to understand that what we are talking about is the minimum wage.
“That is what some people have called the walk-in wage. That is the amount we will pay the least workers in the country. It is the minimum wage we are negotiating, not a living wage,”
Ajayi elaborated that both the government and private sector are significantly constrained in meeting the proposed N419,000 living wage demand.
He noted economic challenges and inflation as primary hurdles for the private sector, making it impractical to fulfill such a requirement.
Ajayi also suggested that the present time might not be opportune for organized labor to pursue a new minimum wage negotiation. Instead, he advocated for collaborative efforts with other stakeholders to enhance the economy.
“All of us in the tripartite— the government, the labour, and the private sector — we all knew that we were operating in a very difficult environment.
“The government itself realized that it had limited capacity to pay. The private sector is constrained by microeconomic, infrastructure and security challenges. So, we are also constrained to pay.
“Labour on its part, is under intense pressure from its constituencies to ask for a higher wage because inflation has hit the roof and the operating environment is tough.
“Throughout the negotiation process, we made it known that this is not the best time to negotiate minimum wage. This is the time for us to agree, the crew behind the government, and grow the economy in such that we will bake a bigger cake and then we’ll be able to share,” he added
He, however, made an appeal to the organized labor to reconsider its decision to initiate a nationwide strike.
He emphasized that labor walking out of discussions and declaring a strike would not be beneficial.
Additionally, he expressed regret that labor rejected the N60,000 offer from both the government and the organized private sector, opting instead to declare a nationwide strike.
International News
Lebanon Must Not Become The Next Gaza – Australia’s Foreign Minister Repeats Ceasefire Call
Australian Foreign Minister, Penny Wong has called for an immediate ceasefire in the Middle East, warning that Lebanon risks suffering the same humanitarian catastrophe as Gaza if violence continues to escalate.
Speaking at the United Nations, Wong condemned the ongoing airstrikes in Beirut’s southern suburbs and urged global leaders to take urgent action.
“This attack cannot and should not be justified,” Wong said, emphasizing the toll the conflict has taken on civilians.
Read Also: Hezbollah Commanders Killed In Beirut Airstrike – Israeli Military
She highlighted Australia’s firm stance against Hamas, with sanctions already in place on the group’s leaders and financial backers.
However, Wong expressed deep concern over the heavy civilian casualties resulting from Israel’s response to Hamas.
Wong stated, “More than 40,000 Palestinians have been killed, including over 11,000 children. Nearly two million Gazans have been displaced, many multiple times, and over two million are facing severe food insecurity. This must end. Palestinian civilians cannot be made to pay the price for defeating Hamas. All lives have equal value.”
Wong also pointed out that nearly 300 days have passed since Australia and 152 other countries voted for a ceasefire, yet the violence continues.
“Today, I repeat that call,” she said, urging both sides to halt hostilities.
The foreign minister also stressed the importance of averting further conflict in Lebanon, where tensions are rising amid ongoing air raids.
She called for the full implementation of UN Resolution 1701, which calls for peace between Lebanon and Israel.
“Lebanon cannot become the next Gaza,” Wong warned, calling for immediate international efforts to prevent further bloodshed.
A tragic helicopter crash involving a Pakistan oil company has left six people dead and eight others injured.
The incident occurred during takeoff on Saturday when the aircraft, operated by Mari Petroleum Company (MPC), suffered a technical fault.
The helicopter was carrying fourteen individuals, including three Russian pilots and crew members, when it went down in North Waziristan, a region in Khyber Pakhtunkhwa near the Afghan border.
Read Also: I’ve Dated More Than 100 Women – Singer Skales
In a statement, MPC confirmed that the crash resulted from engine failure, ruling out any signs of sabotage.
“The accident has claimed the lives of six individuals, while eight others have been injured,” the company reported.
The injured have been promptly transported to a military hospital for medical treatment.
The team was reportedly on a visit to a nearby oil field at the time of the accident.
Mari Petroleum Company is recognized as one of Pakistan’s largest petroleum exploration and production firms, which continues to strive towards fully unlocking the country’s resource potential.
Further investigations are underway to understand the circumstances surrounding the crash.
In a tragic incident, South African police announced on Saturday that they are initiating a manhunt following a mass shooting that left 17 people dead in the town of Lusikisiki, located in the Eastern Cape province.
The violence erupted late Friday night, with reports indicating that 13 victims — 12 women and one man — were discovered dead in one residence, while four others were killed in a second location.
An additional victim remains in critical condition at a nearby hospital.
Read Also: BREAKING: EFCC Arrests Former Taraba Gov, Ishaku (UPDATED)
National police chief Fannie Masemola addressed the media, stating, “We do not know the motive” behind the killings and emphasized the uncertainty regarding whether there are one or multiple suspects still at large.
This shooting marks the latest in a series of violent attacks in the region.
Earlier this month, seven family members, including three children, were shot dead in their home in KwaZulu-Natal, with no arrests made in that case.
Additionally, in April, ten family members—including seven women and a 13-year-old boy—were killed in a separate mass shooting in KwaZulu-Natal.
South Africa continues to struggle with a high homicide rate, estimated at approximately 45 per 100,000 people, a stark contrast to the 6.3 per 100,000 in the United States and around 1 per 100,000 in most European nations.
Over the past year, the country recorded more than 27,000 homicides, averaging over 70 killings daily in a population of 62 million.
Cole Palmer Shatters EPL Record With Four-Goal First Half Blitz
BBNaija’s Vee Dismisses VDM’s Supporters
Lebanon Must Not Become The Next Gaza – Australia’s Foreign Minister Repeats Ceasefire Call
Helicopter Crash In Pakistan Claims Six Lives, Injures Eight
South African Police Launch Manhunt After 17 Killed In Mass Shooting
Witness Reveals How $15.8m Was Delivered To Ex-Benue Governor In ₦3.1bn Fraud Case
Sahara’s Tonye Cole resigns from GPHCDA
Oando opens ultra-modern petrol station in Lagos
Niger Delta Avengers: President Buhari Reads riot Act …considers the carrot and stick option
Adeosun: We are investing in infrastructure to grow the private sector
Shell launches Nigeria campaign on energy efficiency
