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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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Adedini Hails Famadewa’s Appointment, Describes It as Pride for Ife Kingdom

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Engr. Marcus Adedini, Aspirant for Ife Federal Constituency, heartily congratulate the distinguished Ife-born retired military officer, Major General Adeyinka FAMADEWA (Rtd), on his well-deserved appointment as Special Adviser on Homeland Security by President Bola Ahmed Tinubu.

This prestigious appointment is a clear recognition of your years of meritorious service, professionalism, discipline, and unwavering commitment to national development and security.

Your appointment has brought immense pride, honour, and joy to the people of Ife Kingdom, as it further reflects the excellence and capacity of our sons and daughters who continue to contribute meaningfully to nation-building. Your outstanding record of leadership and dedication to service remains a great source of inspiration to many across the country.

As you assume this important national assignment, I am confident that your wealth of experience and strategic leadership will contribute significantly to strengthening peace, stability, and homeland security in Nigeria.

I pray that God grants you wisdom, strength, and greater success in this new office. Congratulations once again, Sir.

Signed:
Engr. Marcus Adedini
Aspirant, Ife Federal Constituency

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Humanity, Leadership and Legacy: Ooni of Ife Celebrates Prince Eludoyin at 78

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The Permanent Chairman of the Southern Nigerian Traditional Rulers Council (SNTRC), Arole Oodua Olofin Adimula and the Natural Head of the Oduduwa race worldwide, the Ooni of Ife, Ooni Adeyeye Enitan Ogunwusi, CFR, Ojaja II, has celebrated renowned businessman and illustrious son of Ile-Ife, Prince Eludipo Elusanmi Eludoyin, on the occasion of his 78th birthday.

In a statement on Monday released by the Director of Media and Public Affairs, Ooni’s Palace, Otunba Moses Olafare, the Ooni who is also the Permanent Co-chairman of the National Council of Traditional Rulers of Nigeria (NCTRN) described Prince Eludoyin as one of the shining lights of Ile-Ife whose life has remained dedicated to hard work, service to humanity and the growth of Nigeria’s economy.

The Ooni praised the Ife-born business mogul for his remarkable achievements in the international business community, noting that his contributions through Paragon Holdings Limited and other business platforms have created employment opportunities for thousands of people while also supporting meaningful development projects within and outside Nigeria.

Ooni Ogunwusi said Prince Eludoyin’s impact goes beyond business, describing him as a man who has consistently used his success to uplift people and support communities through various philanthropic activities.

According to the Ooni, the celebrant’s humility, wisdom and commitment to humanity have earned him respect across different sectors both in Nigeria and abroad.

The royal father also acknowledged Prince Eludoyin’s longstanding relationship with President Bola Ahmed Tinubu, describing the celebrant as a trusted confidant and loyal friend whose influence and experience continue to contribute positively to national development.

“Prince Eludoyin is a pride to Ile-Ife and the Yoruba race. His life story is one of vision, resilience and service. At 78, he remains a source of inspiration to younger generations who desire success built on integrity, excellence and compassion,” the Ooni stated.

The Ooni prayed for more years of sound health, peace, strength and continued accomplishments for the elder statesman as he continues to serve humanity and contribute to the progress of society.

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Between Hope and History: What Nigerians Expect from Tegbe as Power Minister

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By Michael Olukayode
For decades, electricity has remained Nigeria’s most enduring national embarrassment. From military administrations to democratic governments, promises of stable power supply have come and gone with little to show beyond recurring darkness, collapsing grids, abandoned projects and rising public frustration.

Now, with the appointment of Joseph Olasunkanmi Tegbe as Minister of Power, expectations are once again rising. Yet unlike in previous eras, Nigerians are no longer impressed by ambitious declarations. They are demanding results.

The question confronting Tegbe is not whether he understands the scale of the crisis. It is whether he can succeed where many before him failed.

Nigeria’s electricity sector is littered with the ruins of grand promises.

From the Olusegun Obasanjo administration’s multi-billion dollar National Integrated Power Projects (NIPP), to the Goodluck Jonathan-era privatisation of generation and distribution companies, successive governments repeatedly promised that stable electricity was around the corner. Under former President Muhammadu Buhari, Nigerians were told that the Siemens-backed Presidential Power Initiative would revolutionise transmission and distribution. The current administration of President Bola Ahmed Tinubu also pledged sweeping reforms, improved generation and a more efficient market-driven electricity sector.

Yet millions of Nigerians still rely on generators as their primary source of power.

The irony remains painful: Africa’s largest economy continues to generate barely between 4,000 and 5,000 megawatts for over 200 million people, despite an installed capacity exceeding 13,000MW.

Entire industries have collapsed under the burden of self-generated electricity. Small businesses spend more on diesel than on salaries. Manufacturers complain of rising operational costs. Students study under torchlights. Hospitals struggle to preserve vaccines and operate life-saving equipment. For many Nigerians, electricity is not merely an infrastructure issue; it is the dividing line between poverty and productivity.

That is why Tegbe’s appointment comes with enormous pressure.

Unlike many previous political appointees in the sector, Tegbe comes into office with the image of a technocrat rather than a career politician. A chartered accountant and management consultant, he built his reputation in the private sector through years of corporate advisory work, investment strategy and institutional restructuring. He previously served as the Director-General and Global Liaison for the Nigeria-China Strategic Partnership, where he was credited with helping to deepen investment engagement between Nigeria and Chinese investors in infrastructure, manufacturing and industrial development initiatives.

Before that appointment, Tegbe had a long corporate career spanning consulting, finance and business transformation. He worked with multinational consulting firm Deloitte and later became a senior business strategist with extensive experience in public-private partnerships, governance systems and economic planning. Supporters argue that this background gives him a better understanding of the financial and structural complexities that have crippled Nigeria’s power sector for years.

His defenders also point to his record in economic coordination and institutional reforms, arguing that the electricity crisis is no longer just a technical problem but a management and governance challenge requiring strategic execution, investor confidence and policy discipline.

At his Senate screening, Tegbe outlined a reform agenda focused on improving gas supply, strengthening grid reliability, accelerating metering, enforcing accountability among distribution companies and restoring financial discipline across the sector.

Those priorities are significant because Nigeria’s electricity crisis is no longer just about generation. The problems are systemic.

Generation companies complain of unpaid debts and inadequate gas supply. Distribution companies struggle with huge financial losses, weak infrastructure, electricity theft and poor revenue collection. Transmission infrastructure remains fragile and outdated, leading to frequent system collapses and stranded power capacity.

The national grid itself has become symbolic of institutional weakness. Grid collapses have repeatedly plunged large sections of the country into darkness, disrupting businesses and exposing the fragility of the system. Regulatory reports continue to show wide gaps between installed generation capacity and actual available electricity supply.

For many Nigerians, these recurring failures have destroyed public confidence.

Citizens openly question whether government officials genuinely intend to solve the crisis or merely manage it politically. Some blame corruption and weak regulation; others argue that decades of policy inconsistency and poor implementation are the real culprits.

That skepticism explains why Tegbe’s promises are being greeted with cautious optimism rather than celebration.

Still, his supporters believe he enters office with certain advantages. His experience in corporate restructuring and investment negotiations may prove useful in a sector desperate for efficiency, investor confidence and credible execution. But technical knowledge alone will not solve Nigeria’s electricity crisis.

What the sector requires most is political courage.

Any meaningful reform will involve difficult decisions: enforcing payment discipline, restructuring failing distribution companies, addressing subsidy distortions, improving tariff transparency, tackling electricity theft and compelling stronger private sector accountability. These reforms are politically sensitive because electricity affects every household and business in the country.

The minister must also confront the deeper institutional problem that has undermined previous reforms — weak governance.

Over the years, billions of dollars have reportedly been invested in power infrastructure with minimal impact on supply. Projects are often launched with fanfare only to disappear into bureaucratic delays, contractual disputes or funding crises. Nigerians have grown weary of ceremonial commissioning without measurable outcomes.

That is why measurable targets will matter more than speeches.

If Tegbe hopes to build public trust, Nigerians will expect clear timelines, transparent reporting and visible improvements in supply stability. Citizens want fewer excuses and more accountability. They want to know why power plants cannot get gas despite Nigeria’s enormous natural gas reserves. They want to know why transmission bottlenecks continue years after repeated intervention programmes. They want to know why estimated billing still persists despite promises of mass metering.

Most importantly, they want leadership that acknowledges that electricity is central to national development.

No serious industrial economy can thrive in darkness.

Countries that transformed their economies invested heavily in stable electricity infrastructure. Without reliable power, Nigeria’s ambitions for industrialisation, digital innovation, manufacturing growth and foreign investment will remain severely constrained.

The challenge before Tegbe therefore goes beyond fixing transformers or stabilising the grid. His real assignment is to restore credibility to a sector where public trust has nearly collapsed.

There are signs that structural reforms may finally be gaining momentum. The Electricity Act 2023 has opened the door for states to develop independent electricity markets, reducing overdependence on the fragile national grid. Several states are already moving toward decentralised power arrangements.

But Nigerians have heard reform language before.

What they seek now is evidence.

The success or failure of Tegbe’s tenure may ultimately depend on one simple question: can his administration deliver stable and predictable improvement, even if gradual?

If he succeeds, he could become the minister who finally begins the long-delayed transformation of Nigeria’s electricity sector.

If he fails, he risks joining a long list of officials whose promises disappeared into the darkness Nigerians know too well.

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