NEWS
Unstable Naira Makes ₦1m Salary Worthless — NLC
The Nigeria Labour Congress (NLC) has warned that a monthly salary of ₦1 million has become practically worthless to Nigerian workers due to the continued instability of the naira and rising inflation.
NLC President, Joe Ajaero, made this known on Tuesday in Abuja during an interview with the News Agency of Nigeria (NAN), where he expressed concern over the declining purchasing power of workers across the country.
According to Ajaero, the focus of organised labour is not just on increasing wages, but on ensuring that the value of the naira is strong enough to sustain workers and their families.
SEE ALSO: May Day: NLC Plans Nationwide Protests Over Unpaid Minimum Wage
“Even if Nigerian workers earn ₦1 million, it will not be meaningful if the naira has no value,” he said. “What we need is a stable currency that can carry workers through the month.”
He lamented that the persistent rise in the cost of living has made it increasingly difficult for Nigerians to afford basic necessities, including food, transportation and housing.
The NLC boss noted that the ongoing discussions surrounding a new national minimum wage must follow due legal process and cannot be rushed.
“The minimum wage has not been negotiated yet. It is governed by law and tied to a review cycle. When the time comes, we will begin the process ahead of its expiration,” Ajaero explained.
He called on the federal government to take urgent steps to cushion the impact of inflation, stressing that current economic conditions have worsened the hardship faced by workers.
Ajaero also linked the growing economic pressure to rising fuel prices, which he said have significantly increased transportation costs and driven up food prices nationwide.
“We raised concerns when global factors began to affect local fuel prices, but unfortunately, the situation has not improved,” he said.
The labour leader further emphasised the need for Nigeria to build a resilient energy policy that can shield the country from external economic shocks.
“It is not ideal that developments in other parts of the world automatically translate into hardship for Nigerians. We must create systems that protect our economy,” he added.
On pension matters, Ajaero raised concerns about the emergence of multiple pension unions, warning that the development has created confusion within the system.
He disclosed that the NLC is engaging stakeholders to address the issue and ensure proper coordination, particularly in the areas of deductions and remittances.
Speaking ahead of the upcoming Workers’ Day celebration, Ajaero revealed that any protest actions would be limited to states that have not fully implemented the approved minimum wage.
“Any protest will not be nationwide. It will only take place in states that have failed to comply with the minimum wage implementation,” he clarified.
He, however, acknowledged that while many states have complied, some are yet to fully implement the policy, especially at the local government level and in the education sector.
He also pointed out issues with consequential salary adjustments, noting that some states are paying only the minimum wage without properly adjusting other salary structures.
“These are technical issues we must address. We will assess compliance levels before May Day,” he said.
Ajaero reaffirmed the commitment of the NLC to continue advocating for policies that will improve workers’ welfare and ensure economic stability.
He also commended the federal government for reviewing peculiar allowances and approving a 100 per cent duty tour allowance for civil servants, expressing hope that the measures will be effectively implemented.
NEWS
Dangote Cement Powers Global Sustainability Innovation at A4S 2026
In a compelling demonstration of how business can drive positive environmental change, leading cement manufacturer, Dangote Cement Plc (DCP) has reaffirmed its leadership in sustainable development with its mentorship offer as a Corporate Supporter of the 2026 Accounting for Sustainability International Case Competition (A4SICC), held in Toronto, Canada.
A4SICC, a global platform that empowers students to develop practical solutions for sustainable business growth and the competition brings together top student teams from around the world to tackle real-world sustainability challenges, with winners receiving prizes of up to CA$10,000 and internship opportunities.
As part of the 2026 edition, student teams were required to select companies listed on the World Benchmarking Alliance’s SDG2000 and develop a compelling business case for nature, recognising that while businesses depend on natural capital to create value, they have also contributed significantly to nature and biodiversity loss. Dangote Cement, itself an SDG2000-listed company, participated actively by mentoring REMI Solutions, a student team from Ashesi University, Ghana.
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The DCP sponsored team—comprising Jamiu Olamide Afolayan, Afi Adwoa Asare, Grace Mawuli Uchechi Onwuaha, Edem Korbla Anagbah and Bartels Ataanga Atindana—benefited from expert guidance provided by DCP’s Group Head of Sustainability, Dr. Igazeuma Okoroba.
Under this mentorship, REMI Solutions advanced to the semi-finals of the competition, emerging among the top teams from 132 entries submitted across 31 countries with its project addressing one of Africa’s most pressing sustainability challenges: the environmental, financial and safety risks associated with legacy mine waste, commonly known as tailings.
With global attention increasingly focused on responsible mining and the demand for critical raw materials, the team proposed an innovative circular model that transforms historical mine tailings from environmental liabilities into assets for value creation and ecological restoration.
Tailings storage facilities are costly to monitor and manage, and failures have, in extreme cases, resulted in severe environmental degradation, destroyed livelihoods and loss of lives—costing major mining companies over US$30 billion in damages and reparations worldwide.
To mitigate these risks, REMI Solutions proposed the reprocessing of historical tailings to recover residual minerals, alongside the rehabilitation of degraded heritage land using revenues generated from the reprocessing activities. Beyond mineral recovery, the model creatively repurposes tailings into value‑added products such as eco‑bricks and construction aggregates.
By integrating responsible resource recovery, environmental rehabilitation and commercial viability, the Solution demonstrates how ESG‑aligned investments can simultaneously deliver environmental protection and financial returns.
Reacting to the feat achieved by the REMI Solution Students team, Group Managing Director, Arvind Pathak described the collaboration as underscoring Dangote Cement Plc’s commitment to advancing sustainable development through strategic investments in education, research and youth-led innovation, while supporting global efforts to align business practices with nature‑positive outcomes.
Said he; “At Dangote Cement, our decision to support the Accounting for Sustainability International Case Competition is anchored in our belief that the future of sustainable business lies in the hands of informed, innovative and values‑driven young leaders. As a company whose operations are closely linked to natural capital, we recognise the responsibility to contribute meaningfully to global conversations around sustainability, climate resilience and nature‑positive growth.
“By supporting this platform, we are not only helping students translate academic knowledge into practical solutions, but also reinforcing the importance of embedding environmental, social and governance principles into core business decision‑making.
“This corporate support also reflects our long‑term commitment to education, research and collaborative partnerships as tools for sustainable development. The ideas generated through this competition—such as innovative approaches to responsible mining and circular use of resources—mirror the kind of thinking required to address today’s complex environmental and social challenges.”
Pathak pointed out that his Company is excited to play a mentoring role that bridges industry experience with youthful innovation, saying “we remain committed to nurturing solutions that create shared value for businesses, communities and the environment.”
Photo Caption:
Members of the DCP mentored REMI Solution team from Ashesi University, Ghana; (l-r) Jamiu Olamide Afolayan; Afi Adwoa Asare; Grace Mawuli Uchechi Onwuaha and Edem Korbla Anagbah
NEWS
“We Are Raising Fraudsters” — Obi Reacts to EFCC’s Explosive Student Cybercrime Report
Former presidential candidate of the Labour Party, Peter Obi, has reacted strongly to a recent report by the Economic and Financial Crimes Commission (EFCC) alleging that a significant number of Nigerian university students are involved in internet fraud.
The EFCC had reportedly warned that cybercrime is becoming increasingly common among undergraduates, a development it described as a growing national concern requiring urgent attention from authorities, parents, and educational institutions.
SEE ALSO: Political Earthquake Brewing? Peter Obi, Bala Mohammed in Closed-Door Talks
Reacting to the claim, Obi described the situation as deeply troubling, warning that Nigeria may be “raising a generation of fraudsters” if the trend is not urgently addressed.
According to him, if even a large fraction of the allegation is true, it signals not just a crime problem but a broader collapse of values and moral discipline in the country.
He stressed that young people do not operate in isolation, arguing that society, leadership, and institutions all play a role in shaping behaviour. Obi noted that when dishonesty appears to thrive without consequences, it sends the wrong message to the youth.
The former Anambra State governor also called for urgent reforms in governance, education, and value reorientation, insisting that integrity must be restored at all levels of society.
He added that the focus should not only be on condemning young people but on addressing the systems that influence their choices and actions.
Obi further urged leaders to set better examples, warning that a society cannot expect honesty from its youth if accountability is weak at the top.
The EFCC has continued to express concern over rising cybercrime cases in tertiary institutions, describing the trend as a threat to national development and security.
NEWS
Police Rescue Five Abducted Students in Ogun After Gun Battle
Operatives of the Nigeria Police Force have successfully rescued five students of Gateway Polytechnic, Saapade, following their abduction by gunmen in Ogun State.
The students were reportedly kidnapped late Monday night in the Sapade area of Remo North Local Government Area, triggering a swift response from security operatives after a distress call was received around 10:55 p.m. at the Ipara Police Division.
Upon arrival at the scene, officers discovered an ash-coloured Toyota vehicle riddled with bullet holes and stained with blood. Several mobile phones and personal belongings were also recovered from the abandoned car.
SEE MORE: Horror in Kogi: Gunmen Abduct 24 Pupils in Orphanage Raid, 15 Rescued
Confirming the incident, the Police Public Relations Officer in the state, Oluseyi Babaseyi, said an identity card found at the scene linked the victims to Gateway Polytechnic, prompting an immediate escalation and a full-scale rescue operation.
The Commissioner of Police, Bode Ojajuni, subsequently ordered the deployment of tactical units in what he described as an intelligence-driven mission to secure the students’ release.
Security teams drawn from the Isara Area Command, Ipara Division, SWAT, Anti-Kidnapping Unit, Violent Crime Response Unit, Quick Response Squad, and Operation MESA were mobilised for coordinated bush-combing and tracking operations across suspected escape routes.
The sustained pressure paid off on April 28, when the students were rescued unhurt from their captors.
According to the police, the kidnappers engaged operatives in a gun duel during the rescue effort but were overpowered by superior firepower, forcing them to flee with suspected gunshot wounds. No casualties were recorded among security personnel.
“The victims were immediately evacuated, debriefed, and taken for medical attention due to the conditions they endured while in captivity,” Babaseyi added.
Commending the operatives, Ojajuni praised their gallantry and professionalism, noting that their swift coordination was instrumental to the success of the mission.
He assured residents that efforts are ongoing to apprehend the fleeing suspects, with intensified bush-combing operations already underway.
The police also urged members of the public to remain vigilant and report suspicious movements, emphasizing that community cooperation remains critical in the fight against crime.





