Governor Charles Soludo has issued a stern warning that implementing an unsustainable wage increase could lead to significant job losses and exacerbate economic challenges in Nigeria.Speaking at The Platform Nigeria, an event organized by the Lagos-based Covenant Nation to commemorate Democracy Day 2024, Soludo emphasized that not all state governments and the Organised Private Sector can afford the proposed N62,000 by the Federal Government or the N250,000 demanded...

The governors of Nigeria's 36 states have unanimously rejected the federal government's proposed N60,000 minimum wage. This announcement came from Hajiya Halimah Salihu Ahmed, the Director of Media and Public Affairs for the Nigeria Governors’ Forum (NGF), on Friday, June 7.The governors argue that the proposed wage increase is neither realistic nor sustainable. Implementing it, they claim, would compel some states to resort to borrowing just to meet payroll demands...

The Nigeria Labour Congress (NLC) and the Trade Union Congress (TUC) have paused their industrial action for about one week. This strike, sparked by disagreements over a new minimum wage and an increase in electricity tariffs, brought significant disruptions across the nation.The TUC president, Festus Osifo, announced the suspension on Tuesday in Abuja following a joint extraordinary national executive council meeting of the unions. He mentioned that a communique wo...