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Breaking : At last, FG and Labour agree on ₦70,000 as minimum wage

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In a landmark development, the Federal Government and Organised Labour have agreed on a new national minimum wage of N70,000, a significant increase from the current N30,000.

The newly agreed minimum wage was reached on Thursday when President Bola Ahmed Tinubu met with the leadership of the organized Labour, led by presidents of the Nigerian Labour Congress (NLC) and the Trade Union Congress (TUC) at the State House, Abuja, the second meeting within a week.

Before reaching the agreement, the two sides, being government and the organised private sector on one side, and the organised Labour on the other, had held a long-drawn series of negotiations, starting with the Constitution of the Bukar Goni-Aji-led Tripartite Committee on New National Minimum Wage.

While the negotiations were ongoing, the employers’ side (federal/sub-national governments/OPS) had offered varying amounts, starting with ₦48,000 to ₦54,000 to ₦57,000 to ₦60,000 to ₦62,000 and finally to the agreed ₦70,000.

On the side of Labour, the leadership of the workers started negotiation with a demand for ₦615,000 then lowered it further to ₦500,000 to ₦497,000 to ₦250,000 and finally agreed to ₦70,000.

However, disclosing details of the meeting and the final agreement to journalists at the State House, Abuja, the Minister of Information and National Orientation, Mohammed Idris, described the conclusion of the meeting as “a happy day for Nigeria”.

Read Also: NLC urges FG to pay SSANU, NASU withheld four-month salaries
According to Idris, besides the agreement to the ₦70,000 minimum wage, the government has also agreed to addressing the disagreement over the withheld salaries of university workers’ unions; the Senior Staff Association of Nigerian Universities (SSANU) and the Non-Academic Staff Union of Universities (NASU).

The government has also pledged massive investments in infrastructure and renewable energy, including the acquisition of more CNG buses to enhance Nigeria’s transition to cleaner energy, as well as expressing commitment to ensuring local government autonomy.

“Today’s a happy day for Nigeria. You’ll recall that last week we had a meeting here and the organized private sector. The sub-nationals have also held their various meetings with Mr. President following the submission of the tripartite agreement to Mr. President. Labour came last week, they had meetings with Mr. President, they asked for adjournment for a week to go and consult further. They did those consultations, they have come back today and we have met with Mr. President.

“We’re happy to announce today that both the federal government and organized Labour have agreed on an increase on the N62,000 minimum wage. The new national minimum wage that we expect Mr President to submit to the National Assembly for legislation is N70,000. But that is not all. There is also a boost, like Mr. President has assured, in ensuring that massive investment is going to be made in the area of infrastructure.

“There is also a deepening of the investment of the federal government in renewable energy. More money is going to go into the acquisition of more CNG buses, Nigeria is going to be more CNG compliant, according to the President. We’re moving in this transition to renewable and all other things that Mr. President has assured Labour; the issue of SSANU and NASU is also going to be looked at.

“We are happy, we are very thankful of the role that the Organised Labour has done today. They recognised the federal government’s role in ensuring that we have the local government autonomy, in also ensuring that both the Organised Labour and the government are on the same page today. They have seen the magnanimity of the President and today the leadership of Labour said they didn’t come here for negotiation, not at all. They came here in their deep sense of patriotism to ensure that Nigeria remains united, Nigeria becomes more prosperous.

“It is in that spirit that they are in agreement with what the federal government has done today. We want to thank Labour for their patriotism. We also want to thank Mr President, the federal government, the sub-nationals and organized private sector for going through this painstaking effort, by also ensuring that at the end of the day Nigeria is the winner for it all”, Idris said.

Corroborating the Information Minister’s brief, the Minister of State for Labour and Employment, Nkeiruka Onyejeocha, announced that organized Labour has agreed to the new minimum wage of N70,000 after the meeting with President Tinubu.

The agreement comes after labour leaders requested a one-week extension to consult with their members, following their initial meeting with the President last week.

According to Onyejeocha, the President adopted a fatherly approach, emphasizing the need for a review of the minimum wage policy every three years, rather than the current five-year cycle.

She further hinted that the President also directed the Minister of Finance and Coordinating Minister of the Economy, Wale Edun, and the Minister of Budget and Economic Planning, Abubakar Bagudu, to review the issue of SSANU and NASU payments, with a waiver to pay the outstanding amounts.

She also said the President reassured Nigerians of his commitment to the country’s economic recovery and the welfare of citizens.

President of the NLC, Joe Ajaero, said the Organised Labour agreed to the new national minimum wage of N70,000 because of the President’s willingness to review wages every three years, rather than the usual five-year cycle.

While acknowledging the economic situation, Ajaero expressed mixed feelings about the agreement but noted that the NLC will take the proposal back to their constituency for further discussion and buy-in.

The agreement marks a significant step forward in the ongoing negotiations between the government and labour leaders, with a promise of future reviews and incentives like the CNG scheme to alleviate the burden on Nigerian workers.

“Well, we’re here last week and we’re here now, what they have announced in terms of the amount of N70,000 happened to be where we are now for now, but the good thing about it is that we will not wait for another five years to come and review, rather than settling on a figure that we’ll wait for five years, it’s like we’ll have to now negotiate even two times within five years, with a view to going up. That is one of the reasons why we decided to reach where we are today, because of the proviso that we can review in the next three years.

“We came with other issues in the basket, like the issue of SSANU, NASU and others, especially with the affront by the Commissioner of Police of FCT, we brought it to Mr. President, and talked on the need for that matter to be addressed and magnanimously, he asked the agencies concerned to work out the modalities for the payment of those workers in the universities.

“So far, that’s where we are. Although he promised some incentives like the CNG, which will lessen the burden that the Nigerian workers are passing through, but you can see that we are taking in this with mixed feelings because of the situation of the economy, we will have to move ahead despite the situation and the negotiation can linger. Coming from 62 to 70 and then with the promise that we’ll come back soon to negotiate it.

“We’re taking it back to our constituency to see how we can get a buy-in. So that’s what has transpired this afternoon”, he said.

The TUC President, Festus Osifo, who also spoke to journalists, expressed satisfaction with President Tinubu’s intervention, especially with the proviso for review every three years.

He also commended the President’s promise to address the issues of SSANU and NASU, and emphasized the need for swift passage of the minimum wage bill by the National Assembly and urged that the student loan scheme be targeted at those who need it most, not just the children of the rich.

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REA Targets 3.7GW Solar Manufacturing to Bridge Nigeria’s Power Deficit

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The Rural Electrification Agency (REA) has unveiled plans to establish 3.7 gigawatts (GW) of local solar photovoltaic (PV) panel manufacturing capacity by the end of 2027 as Nigeria intensifies efforts to expand electricity access and reduce dependence on imported renewable energy equipment.

Managing Director of the agency, Engr. Abba Aliyu, disclosed the initiative in Abuja during a benchmarking visit by officials of the Zanzibar Utilities Regulatory Authority (ZURA).

He said the agency is encouraging Chinese solar manufacturers to establish production facilities in Nigeria, noting that locally assembled solar panels are already being exported from Lagos to neighbouring Ghana.

According to him, the planned manufacturing expansion will significantly reduce imports while strengthening Nigeria’s renewable energy value chain. Aliyu attributed the rapid global growth of renewable energy to falling prices of solar panels and lithium batteries, saying technological innovation has made off-grid electricity the most cost-effective solution for millions of underserved communities.

He said Nigeria’s electricity access rate currently stands at 61.2 per cent, leaving about 80 million people without reliable power supply.

To address the challenge, REA has adopted a least-cost electrification strategy that determines the most suitable technology for each community rather than relying solely on national grid expansion.

The agency has mapped more than 700,000 communities nationwide, with plans to serve about 45 per cent through solar home systems, 31 per cent through mini-grids and the remaining 24 per cent through grid extension.

Aliyu added that REA has developed one of Africa’s most extensive geospatial electricity databases, covering more than 51,000 health facilities, 11,000 markets, thousands of schools, factories, dams, electricity feeders and existing mini-grids to support investment planning.

He noted that the agency’s interventions also target underserved communities receiving less than six hours of electricity daily. The REA boss warned that electricity demand would continue to rise sharply as Nigeria’s population grows, more sectors become electrified and emerging technologies such as artificial intelligence and data centres consume increasing amounts of power.

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Budget Office Explains PFIPC Allocation, Says Agency Emerged During Buhari Administration

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•Explains how PFIPC was allocated money in the budget.

The Budget Office of the Federation (BOF) yesterday explained that the Presidential Foreign Intervention Promotion Council (PFIPC), which the presidency declared as fake and is currently being investigated by the Independent Corrupt Practices Commission, ICPC, had its origin in the last administration of late President Muhammadu Buhari.

The Director-General of the Budget Office, Mr. Tanimu Yakubu who provided the explanation in a statement, after appearing before members of the House of Representatives, in Abuja said the PFIPC’s institutional origin was premised on the Presidential Economic Advisory Council inaugurated by President Muhammadu Buhari on October 9, 2019. He also explained how the fake agency was allocated money in the 2026 budget.

His words, “PEAC/PFIPC did not enter the 2026 Budget merely because it asked for funds. The Council had its origin in the Presidential Economic Advisory Council inaugurated during the administration of the late President Muhammadu Buhari on October 9, 2019. By the time preparation of the 2026 Budget began, official instruments had already been issued by the institutions charged with those functions.

“The Office of the Accountant-General of the Federation had assigned an administrative code to the PFIPC. The Office of the Head of the Civil Service of the Federation had approved an authorised establishment and a recruitment waiver. The applicable public-service salary structure also existed. These instruments did not come from the Budget Office. They came to it.

“The Budget Office did not create the Council. It did not assign its code. It did not approve its establishment. It did not grant its recruitment waiver. It received official instruments and did what the law required of it: it measured their fiscal effect.”

Mr. Tanimu further explained that the Council submitted a personnel estimate of N3.850 billion for the 2026 Fiscal Year and that his Office had to reduce that figure to N802.978 million, using the authorised establishment, the approved recruitment waiver, the applicable public-service salary structure and the extant costing methodology

According to the D-G, “Council later submitted a personnel estimate of N3,850,935,000.00. That estimate did not form the basis of the Budget Office’s recommendation. The Budget Office disregarded it and made an independent calculation using only the authorised establishment, the approved recruitment waiver, the applicable public-service salary structure and the extant costing methodology.

“That calculation produced N802,978,783.00. This was not a concession to the Council. It was the Budget Office’s own fiscal judgment. It was the amount placed in the Executive Budget proposal and later appropriated.

Mr Yakubu said that the Council could not receive the approved funds for personnel because its promoter, Prince Adeyemi Adeniyi could not secure Financial Clearance, an instrument that confirms that necessary fiscal and regulatory had been met.

He said, “Financial Clearance is the point at which a personnel provision may begin to acquire legal force as expenditure. It is not a routine letter. It is the confirmation that the fiscal and regulatory conditions for recruitment have been met. Until it is issued, the figure remains in the budget. It does not create staff. It does not open payroll. It does not produce salary. The Budget Office did not issue Financial Clearance for PEAC/PFIPC because the conditions were incomplete.

“The 2026 Appropriation Bill did not become law until Presidential Assent on 31 March 2026. Before that date, the Budget Office could cost the proposal. It could not grant final Financial Clearance against a bill that had not yet become law.

“After assent, a further condition remained outstanding. The National Salaries, Incomes and Wages Commission had not confirmed that the proposed staffing and remuneration arrangements complied with its prescribed template and the approved public-service compensation framework.

“The Budget Office could calculate the cost. It could not open the gate. There was therefore no Financial Clearance. There was no lawful recruitment. There was no payroll enrollment. There was no salary payment.”

The D-G added, “The personnel provision was N802,978,783.00. It represented 61.63 per cent of the total appropriation of N1,302,978,783.00. It has sometimes been described as though the Council could have received the whole amount and spent it at will. That description is false.

“Personnel appropriations are not paid to agencies as lump sums. After every legal condition has been met, salaries are paid month by month. The money moves electronically into the designated bank accounts of verified employees enrolled on the Federal Government payroll.

“The institution does not receive the annual personnel provision as cash under its control. Even in a lawful process, the Council would not have received N802,978,783.00 in one payment. The money would have gone over twelve months to individual employees. That process never began. No Financial Clearance was issued. No recruitment took place. No payroll record was created. No salary became due. Not one kobo of the personnel provision could lawfully have been drawn. Not one kobo was drawn. There is no personnel expenditure to recover because there was no personnel expenditure.”

The PFIPC controversy became public on June 11, 2026, when the Chief of Staff to the president, Mr Femi Gbajabiamila, declared the Council as fake and petitioned the law enforcement agencies.

However, at a press conference on June 26, the Director General of the PFIPC, Prince Adeniyi Adeyemi faulted the presidency’s disclaimer. He alleged that Gbajabiamila received N400 million through a proxy and demanded an additional N200 million to secure his appointment — an allegation which the Chief of Staff denied and has sued him to court claiming N15b as damages for defamation. Adeyemi is currently in custody after he was arrested by the police in connection with the PFIPC scandal and alleged forgery.

Before his arrest, Adeyemi claimed he personally approached officials of the budget office to seek the inclusion of the Council in the federal government’s budget.

Recently, Central Bank of Nigeria (CBN) confirmed that it opened two domiciliary accounts linked to the PFIPC on the directive of the Office of the Accountant-General of the Federation (OAGF).

The apex bank, however, said the accounts, one denominated in United States dollars and the other in British pounds sterling, were never funded or operated.

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BREAKING: Trump Applauds Tinubu’s Fight Against Terrorism, Pledges Continued US Backing

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United States President Donald Trump has commended President Bola Tinubu for what he described as his decisive leadership in tackling terrorism and insecurity in Nigeria, particularly attacks targeting Christian communities.

Trump conveyed the praise in a letter dated July 6, 2026, the contents of which were made public on Wednesday in a statement issued by the President’s Special Adviser on Information and Strategy, Bayo Onanuga.

In the letter, titled “President Trump lauds President Tinubu’s decisive leadership against terrorists,” the US President applauded Tinubu’s efforts to confront security challenges and reaffirmed Washington’s commitment to supporting Nigeria’s counter-terrorism operations.

“Thank you for your thoughtful letter. Your kind words mean a great deal to me, and I appreciate your decisive leadership on behalf of the Nigerian people.

“I applaud your resolve to tackle the issues plaguing your nation, especially the violence affecting Christian communities, and it is a true honour to stand with you in the fight against terrorists and to make the Federal Republic of Nigeria stronger and more prosperous,” Trump wrote.

Trump described the relationship between the United States and Nigeria as increasingly important amid growing security challenges across West Africa.

“The United States-Nigeria relationship is crucial at a time when conflict has spread across West Africa and around the world. We both share a mutual goal of confronting terrorism in all its forms, and our historic US-Nigeria 2026 Defence Cooperation Roadmap has established a robust framework to accomplish this feat,” he stated.

The US President also highlighted ongoing defence cooperation between both countries, noting that American Special Operations Forces had been deployed to assist Nigeria’s military.

“I am proud to have deployed the United States Special Operations Forces—among the most elite military units anywhere in the world—to equip the brave men and women in the Armed Forces of Nigeria with the skills, tools and intelligence they need to protect your homeland and ensure the safety and security of citizens, particularly those of faith who have been under attack.

“I look forward to our continued discussions over the course of my Presidency,” Trump added.

According to the Presidency, Nigeria and the United States have expanded security cooperation in recent months following the establishment of a Joint Working Group co-chaired by the National Security Advisers of both countries.

The collaboration has centred on intelligence sharing, military training and coordinated operations against terrorist groups.

The statement noted that one of the key outcomes of the partnership was the joint operation carried out on May 16 against ISIS hideouts in the Lake Chad region, which reportedly led to the killing of the group’s senior leader, Abubakar Al-Minoki, along with several of his lieutenants.

The Presidency also disclosed that the US Assistant Secretary of State for Africa, Frank Garcia, visited Abuja last week, where he held talks with senior Nigerian officials and pledged to deepen bilateral cooperation in security and other strategic sectors.

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