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    Airtel Africa Announces Total Voting Rights and Share Capital

    Airtel Africa CEO, CFO Receive 794,344 Long Term Incentives Shares Award

    MTN Group Advances Talks to Buy remaining  75% Stake in IHS Towers for $2.76B

    MTN Nigeria’s Long-Term Rating Upgraded to Aaa by Agusto & Co., Highest on National Scale

    Dangote Refinery Raises Petrol to ₦1,175, Diesel to ₦1,620

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    Ebola Reaches Europe as France Confirms First Imported Case

    Ebola Reaches Europe as France Confirms First Imported Case

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    Dangote Refinery Raises Petrol to ₦1,175, Diesel to ₦1,620

    Dangote, Marketers Cut Petrol Depot Prices as FG Pushes for Lower Pump Prices

    CBN fines nine banks 150 million Naira each for failing to dispense cash

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    Dangote Slashes Petrol Price to ₦1,125/Litre

    Dangote Slashes Petrol Price to ₦1,125/Litre

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    Airtel Africa Releases Audited Financial Statements for Q1 2026

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    Dangote Refinery Slashes Jet Fuel Price to N1,650/Litre

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    Access Holdings Explains Non-Payment of 2025 Dividend Despite N1.01 Trillion Profit

    United Capital Completes Recapitalisation of SEC-Regulated Subsidiaries 14 Months a Ahead of Regulatory Deadline

    United Capital Completes Recapitalisation of SEC-Regulated Subsidiaries 14 Months a Ahead of Regulatory Deadline

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    Regency Alliance Insurance Launches ₦3.04bn Rights Issue to Fund Growth, Digital Push — Opens June 22

    Regency Insurance: Delay in 2025 Accounts Due to Pending Auditor Attestation, NAICOM Approval

    UBA Board Names Emmanuel Nnorom as Elumelu’s Successor

    UBA Board Names Emmanuel Nnorom as Elumelu’s Successor

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    Dangote, Marketers Cut Petrol Depot Prices as FG Pushes for Lower Pump Prices

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    Caverton Offshore Extends Close period Due Audits Delay

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    BUA Cement boss Abdul Samad Rabiu Pockets N189.74bn from FY 2025 dividend payout

    BUA Cement boss Abdul Samad Rabiu Pockets N189.74bn from FY 2025 dividend payout

    Aliko Dangote Secures Approval for Ethiopia-Djibouti Oil and Gas Pipelines Projects

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    Champion Breweries Lists 2.38 Billion New Shares on NGX After Hybrid Offer

    NGX Delists DN Tyre, Greif Nigeria from Official List

    NGX Delists DN Tyre, Greif Nigeria from Official List

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    How does family of 6 survive with income of N250,000 a month

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    Trump wins a resounding victory in first Republican primary in Iowa

    How Donald Trump won the 2024 U.S Presidential Election

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    Security features of the new naira notes revealed by the CBN

    New hope for Naira fixed income savers?

    The Nigerian Stock Market: Has Tinubu’s Election impacted the Market Negatively?

    Nigerian Exchange gains 5.37% in Tinubu’s first week, highest for any President since return to Democracy

    The Nigerian Stock Market: Has Tinubu’s Election impacted the Market Negatively?

    The Nigerian Stock Market: Has Tinubu’s Election impacted the Market Negatively?

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You cannot dictate what to pay, Labour replies Governors

Saturday, 29 June 2024, 9:24 am
in News, Nigeria
0
You cannot dictate what to pay, Labour replies Governors
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The Nigeria Labour Congress (NLC) criticized the proposed minimum wage by the tripartite committee, saying it is dictatorial and undermines the agreed model for setting the national minimum wage.

While the committee proposed N62,000, the organized Labour insists on N265,000

President Bola Tinubu is still in consultation with stakeholders before submitting a bill for a new minimum wage to the National Assembly.

The Southern Governors’ Forum suggested that the minimum wage should not be uniform, with each state negotiating their own minimum wage based on their cost of living and financial capabilities.

This move was opposed by the NLC, who argued that a national minimum wage is necessary to ensure a minimum standard of living for all workers, regardless of the state they work in. T

he negotiations have been ongoing for several months, partly due to economic challenges such as the removal of fuel subsidy and the devaluation of the naira.

The private sector has expressed concerns about a minimum wage higher than N62,000, warning about potential non-compliance and legal disputes.

Vivian Ifunanya Gerald

Administrator and Writer

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