Connect with us

Naija News

New Minimum Wage Saga Continues – Read FG’s Discussions

Published

on

New Minimum Wage Saga Continues - Read FG's Discussions

As New Minimum Wage Saga Continues – NLC, FG Goes Back and Forth

On New Minimum Wage – The Federal Government has said it will continue negotiation with the Organise Labour on Monday to prevent the threat of strike over non transmission of the New National Minimum Wage bill to the National Assembly.
Sen. Chris Ngige, Minister of Labour and Employment said this after meeting with the labour leaders on Friday in Abuja.

New Minimum Wage Saga Continues - Read FG's Discussions

New Minimum Wage Saga Continues – Read FG’s Discussions

It was reported that the National Executive Council of the NLC had threatened to embark on a nationwide protest on Jan. 8 to make government transmit the tripartite committee report on the N30,000 minimum wage to the National Assembly.

The labour ultimatum followed President Muhammadu Buhari’s statement that a “high powered technical committee” would be set up to study the report before transmitting to the legislatures.

But speaking during the meeting Ngige said: “we are continuing the meeting on Monday and we are making progress. We have made substantial progress. That is progress in terms of transmission of the new national minimum wage.
“So, we are discussing on ways to fast track and we are taking appropriate steps as required by us by law.

READ MORE

“Mr President is more committed to this as he was the one that set of the Tripartite Committee on the minimum wage and even inaugurated them and also put in all the resources,” he said.

According to NAN, Ngige had earlier said the meeting was called as a result of the communique issued by the joint Labour Centres in Lagos.

“That is when you informed government that you are not happy with the implementation processes of the report of the tripartite committee. So government decided to meet with you today and brief you fully on all we have been doing.

“If you have questions, you ask us so that we can be on the same page because Mr President is determined to give a minimum wage to Nigerian workers. But in doing so, he has to do a minimum wage that can be sustainable.

“In doing that, it means that we have to do a proper process in what we have to do. The national minimum wage is an existing act that need amendment. So, it is not a question of only money.

“There are things that we need to do before sending the bill to the National Assembly and do it in a way to maintain the sustainable status of the minimum wage. This why we have called you and for you to suggest to us.

“Also we will like to hear your own views or what we should add so that we can fast track the process,” he said.

He added that: “we are aware that when the bill get to the National Assembly, it becomes the business of all of us, including the public.”

Labour Force

Kogi Governor Approves Implementation of N30,000 Minimum Wage for workers

Published

on

Kogi Governor Approves Implementation of N30,000 Minimum Wage for workers

Kogi state governor, Yahaya Bello, has approved the implementation of N30,000 as minimum wage for the workers in the state.

 

The secretary to the state government, Folashade Ayoade disclosed this on Tuesday after an extensive meeting with the organized labour in Lokoja

 

Follow Us on Facebook

She blamed the delay in the implementation on the inability for the committee to meet regularly due to the covid-19 pandemic which has been overcome.

 

The SSG equally commended the organised labour for their understanding and patience, which she said has resulted into the signing of the implementation of the new minimum wage.

Read Also: FCTA Set to Implement Minimum Wage for FCT Workers

Continue Reading

Finance

CBN to End Forex Sales to Commercial Banks in 2022

Published

on

Author: Eunice Johnson, Abuja 

The Central Bank of Nigeria (CBN) has put Deposit Money Banks (DMBs) on notice that it will stop selling forex to them by the end of 2022. CBN Governor Godwin Emefiele made this known in Abuja on Thursday at the end of the Bankers’ Committee Meeting where he also introduced the RT200 Programme.

 

YOU CAN FOLLOW US ON FACEBOOK

 

Emefiele said the time had come for the banks to go out there and source for forex by funding entrepreneurs with ideas. The CBN, Emefiele said, will support the banks by granting rebates and other support until the banks find their feet in sourcing their forex by themselves.

He also disclosed that the apex bank’s policies and measures have led to a significant improvement in diaspora inflow from an average of US$6 million per week in December 2020 to an average of over US$100 million per week by January 2022. He added that the CBN would be reviewing these intervention programmes going forward to ensure that they continue to achieve the desired results.

He said international bodies, including some embassies and donor agencies, have been complicit in illegal forex transactions that have hindered the flow of foreign exchange into the country.

 

Read Also: CBN Encourages Nigerians to Accept E-Naira

Continue Reading

Customs Corner

Customs CG Deploys 37 Comptrollers as Comptroller Attah Heads Kebbi Command

Published

on

Customs CG Deploys 37 Comptrollers as Comptroller Attah Heads Kebbi Command

Author: Gift Wada, Abuja

The Comptroller General of Customs Col. Hameed Ibrahim Ali (Rtd.) has approved the deployment of 37 Comptrollers to various Units, Departments and Commands across the country.

This was disclosed in a release signed on Tuesday by the Customs Deputy National, DC Timi Bomodi for the Comptroller General of Customs.

Among those deployed are the present National PRO of Customs Comptroller Joseph Attah who will assume the office of Area Controller of Kebbi Command, Comptroller AAS Oloyede who shall be moving from ICT/MOD to Tin Can Island Port Command, while Comptroller SI Bomoi to FCT Command. Other postings are Comptroller BA Jaiyeoba to Oyo/Osun Command, Comptroller A Dappa-Williams to Eastern Marine Command, Compt. MA Umar Kano/Jigawa, Compt. KC Egwuh ICT/MOD, Compt. LM Mark Enugu/Anambra/Ebonyi, Compt. T Tachio CTC Kano, Compt. AA Umar Western Marine, Compt. M Dansakwa North Eastern Marine, Compt. AC Ayalogu T & T and Compt. KD Ilesanmi will assume duty as Comptroller Board among others.

YOU CAN FOLLOW US ON FACEBOOK

Ali in postings released on 7th of February, charged the newly posted Comptrollers to justify the confidence reposed in them by NCS Management by bringing to bear their years of experience and training in trade facilitation and anti-smuggling activities on their new assignment.

 

Given the enormous expectations of government regarding revenue generation in the current year, the Comptroller General reiterated the need for all Area Controllers and Unit heads to take full charge of the affairs of their Commands by ensuring absolute compliance with extant fiscal policies while leveraging on the efficient management of data to optimize trade facilitation and revenue collection.

Furthermore, the CGC directed all officers to be extremely vigilant in protecting the lives and wellbeing of Nigerians by ensuring the full fortification of our borders against the incursion of smugglers and other cross border criminals.

Read Also:

Customs Raises Concerns over Finance Act as Senate Sets N3trn Target for Revenue Agencies

Comptroller Ali Ibrahim Assumes Duty as New Customs FOU Zone ‘C’ Boss

Continue Reading

Trending