Connect with us

Minimum Wage: Organized Private Sector Calls for Support to Meet New N70,000 Wage

Piroll

Published

on

Follow
NAIJA NEWS: Minimum Wage: Organized Private Sector Calls for Support to Meet New N70,000 Wage [New Naija News] » Naijacrawl
Photo: Naijacrawl

The Organized Private Sector (OPS) has issued a statement expressing concerns over the ability of its members to meet the newly announced N70,000 National Minimum Wage without government support.



This reaction comes in response to President Bola Tinubu’s approval of the increased wage.


Adewale-Smatt Oyerinde, Spokesperson for the OPS and Director General of the Nigeria Employers’ Consultative Association (NECA), acknowledged the President's effort in addressing the minimum wage issue. He stated, "While we commend the President for putting to rest the immediate issue of the National Minimum Wage, we also note, most importantly, his commitment to support the sub-nationals and the Organized Private Sector to pay the new wage."


Oyerinde emphasized the necessity of government assistance to ensure that private sector entities can comply with the new wage policy without facing financial strain.

Click Here To Comment




Piroll
 

Piroll is a creative writer, social-political commentator, socio-researcher, and sports analyst. He holds certificates in media management and data journalism from the Thomas Foundation Institute of Journalism. He works as a... Read More

Continue Reading
Click to comment

Be first to comment


Leave a Reply

Your email address will not be published. Required fields are marked *

Naija News

Minimum Wage: NLC Tackles Southern Governors

Piroll

Published

on

NAIJA NEWS: Minimum Wage: NLC Tackles Southern Governors [New Naija News] » Naijacrawl
Photo: Naijacrawl
Nigeria Labour Congress, NLC, has tackled the suggestion by the southern governors that they should be allowed to determine the wages of their workers, saying among others, it not only dictatorial, but against the concept of the minimum wage.NLC in a statement, warned the state governors against further inflammatory statements concerning the minimum wage to avoid provoking industrial unrest.In the statement by Mr Benson Upah, NLC’s Head Information and Public Affai...
Continue Reading

Naija News

Minimum Wage: Governor Soludo Warns Tinubu Against Unsustainable Increase

Piroll

Published

on

NAIJA NEWS: Minimum Wage: Governor Soludo Warns Tinubu Against Unsustainable Increase [New Naija News] » Naijacrawl
Photo: Naijacrawl
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...
Continue Reading

Naija News

Governors Reject N60,000 Minimum Wage Proposal

Piroll

Published

on

NAIJA NEWS: Governors Reject N60,000 Minimum Wage Proposal [New Naija News] » Naijacrawl
Photo: Naijacrawl
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...
Continue Reading

Latest


Download Naijacrawl App today

Fastest way to read on the go

Download the Naijacrawl App.