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Breaking : At last, FG and Labour agree on ₦70,000 as minimum wage
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”.
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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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FEC Backs $2.99bn Rail Projects, Sets Stage for Power Sector Shake-Up
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… Lagos Green Line, Kano, Kaduna rail schemes to boost connectivity
… Tinubu to chair power sector task force as reforms gather pace
The Federal Executive Council (FEC) on Thursday approved a $2.99 billion package of rail infrastructure projects and the establishment of a Presidential Task Force on Power Sector Reform, in a move signalling a renewed push by the administration of President Bola Ahmed Tinubu to deepen infrastructure development and unlock economic growth.
Briefing State House correspondents after the Council meeting, the Minister of Finance and Coordinating Minister of the Economy, Taiwo Oyedele, said the rail projects span key urban corridors and are designed to enhance mobility, reduce congestion, and stimulate regional commerce.
He listed the projects as the Lagos Green Line Rail, the Kano State Metro Rail, and the Kaduna State Rail project, noting that they have already been captured in the extended 2025 budget.
“The Federal Executive Council approved three transformative rail projects – Lagos Green Line, Kano State Metro Rail, and Kaduna State Rail project. These projects are to be sponsored by the Ministry of Finance Incorporated,” Oyedele said.
He explained that the approvals align with the administration’s broader infrastructure strategy, which prioritises rail transport as a cost-effective and sustainable alternative to road networks.
The Lagos Green Line is expected to complement existing mass transit systems in the commercial hub, while the Kano and Kaduna rail schemes are projected to boost passenger and freight movement across northern Nigeria, improving trade and economic activity.
In a related development, the Minister of Information and National Orientation, Mohammed Idris, announced the creation of a Presidential Task Force on Power Sector Reform, alongside key appointments aimed at strengthening governance in the electricity industry.
Idris said the Council approved the appointment of former Minister of Power, Lanre Babalola, as Special Adviser on Power to the President, to enhance coordination and policy oversight.
He disclosed that the President would chair the task force, with Babalola playing a central role in driving its activities.
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“The task force is part of renewed efforts by the administration to reposition the power sector as a critical driver of industrialisation and economic growth,” Idris said.
According to him, the decision followed the submission of a report by a presidential committee set up on March 4 to review the commercial and institutional framework for the proposed Grid Asset Management Company (GAMCO).
He noted that the task force brings together key stakeholders, including the Ministers of Finance, Power, Industry, Trade and Investment, Information, and the Attorney-General of the Federation, alongside regulators and representatives of electricity generation and distribution companies.
Idris said the body would focus on implementing far-reaching reforms to address structural bottlenecks in the sector, stressing that stable electricity supply remains central to Nigeria’s economic transformation.
He added that the government is committed to a comprehensive overhaul of the power sector to unlock industrial productivity and improve living standards.
The minister further disclosed that the FEC meeting was preceded by the swearing-in of a National Commissioner of the Independent National Electoral Commission (INEC) and four Permanent Secretaries.
He said President Tinubu administered the oath of office on retired Rear Admiral K. M. Marafa as INEC National Commissioner following her confirmation by the National Assembly.
Idris added that the Council deliberated on a 32-point agenda, reflecting what he described as the administration’s broad reform focus across critical sectors of the economy.
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Tinubu Fires Back at Critics: Exploiting Insecurity Won’t Stop My Second Term
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…directs action against sponsors of violence, backs Plateau peace committee
President Bola Ahmed Tinubu on Tuesday night declared that attempts by his political opponents to exploit insecurity to force him out of office would fail, insisting that he would not only remain in office but also seek a second term.
Speaking at the State House, Abuja, while receiving stakeholders from Plateau State, led by Governor Caleb Mutfwang, the President described himself as resolute in the face of political pressure.
“You are playing to the hand of agents, including my own enemies, who want to use insecurity to get rid of me. But I’m a very stubborn politician. I just refuse to go. And I will campaign for my second term,” Tinubu said.
The President warned that the Federal Government would move decisively against individuals found to be instigating or financing violence across the country, stressing that credible intelligence would be acted upon without delay.
“If you identify and you know the name of troublemakers, agents provocateur, who want to continue killing or instigate killing, let us know. We will use the instrument of office to deal with them,” he said.
Tinubu emphasised that security agencies stand ready to confront such threats once actionable information is provided, noting that the recurring cycle of violence must end.
In a move to strengthen peace efforts in Plateau State, the President also endorsed a newly constituted peace committee comprising former governors of the state, charging them to work collectively toward lasting solutions.
He directed the committee to review existing white papers on past conflicts and harmonise recommendations for implementation.
“Call one another. Ignore the Governor’s Committee if you have to, or incorporate them. Take that white paper, go through it among yourselves and agree to implement it.
“If the ones you have chosen before now are not working, you have to mix and amend membership. Forget those committees you mentioned to me, if it’s not working, it’s not working. Consider this group as the committee until we find a lasting solution,” the President said.
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Reps Give Nod to Tinubu’s $516.33m Loan Request for Sokoto-Badagry Highway
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The House of Representatives on Tuesday approved President Bola Tinubu’s request to secure a $516.33m loan from Deutsche Bank to finance Section I of the ambitious Sokoto-Badagry Superhighway project, a key infrastructure initiative under the administration’s Renewed Hope Agenda.
The approval followed the consideration of the President’s request by the Committee of Supply during plenary presided over by Speaker Tajudeen Abbas.
In a letter read on the floor of the Green Chamber, Tinubu described the Sokoto-Badagry Superhighway as a transformative national project aimed at connecting Nigeria’s far northwest to its southwestern coastline through an approximately 1,000-kilometre dual carriageway stretching from Illela in Sokoto State to Badagry in Lagos State.
The corridor is expected to pass through Sokoto, Kebbi, Niger, Kwara, Oyo, Ogun, and Lagos states, opening up major agricultural, commercial and industrial hubs across the country.
According to the President, the project was designed to stimulate economic growth by significantly improving the movement of goods and people across Nigeria’s northern and southern regions.
He said the highway will “improve north-south connectivity, safety and network performance on the corridor; reduce logistics costs and travel times by providing a continuous high-capacity expressway standard link to downstream markets and strengthen trade facilitation, food security and national cohesion through improved access between production zones, markets and ports.”
Tinubu further noted that the road project would “safeguard long-term intermodal flexibility by reserving the central median for future rail integration and accommodating utility corridors.”
The President explained that the funding arrangement involves a $516.33m facility from Deutsche Bank, backed by partial guarantee cover from the insurance arm of the Islamic Development Bank, while the Federal Government will provide counterpart funding of N265.54bn.
The counterpart contribution, he said, would cover land acquisition, compensation payments, and complementary infrastructure requirements.
Tinubu urged lawmakers to expedite legislative approval of the borrowing request in view of the strategic importance of the project to national development.
The Sokoto-Badagry Superhighway was conceived as one of Nigeria’s most expansive road infrastructure projects, intended to serve as an economic backbone linking the resource-rich northern corridor with major export gateways in the south.
Beyond easing transportation challenges, the superhighway is expected to boost agricultural supply chains, enhance regional trade, improve access to seaports, and attract investments in manufacturing, logistics and real estate along its route.
The project also aligns with broader government plans to modernise transport infrastructure and strengthen Nigeria’s competitiveness under the African Continental Free Trade Area framework.
Presenting the report of the House Committee on Aids, Loans and Debt Management, Abdullahi El-Rasheed, who represented the committee chairman, Abubakar Nalaraba, urged lawmakers to support the loan request, citing the project’s strategic economic value.
He said the highway would serve as a critical driver of development and improve long-term economic productivity.
Following deliberations, the House approved the borrowing request at plenary, paving the way for the commencement of the project’s first section.
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