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Minimum wage: Labour quits talks as FG offers N48,000; OPS N54,000

*Says govt offer insults sensibilities of Nigerian workers lFG’s proposal’s a reduction of federal workers current pay  lOPS begs Labour to return to negotiation table Organised Labour yesterday walked out of the minimum wage negotiation after rejecting the government and the Organized Private Sector, OPS, new minimum wage proposals of N48, 000 and N54, 000 respectively. Under the umbrella of Nigeria Labour Congress, NLC, and its Trade Union Congress of Nigeria, TUC, counterpart, Labour described  government’s proposal of N48, 000 as not only insulting the sensibilities of Nigerian workers, but also falling significantly short of meeting their needs and aspirations. According to organised labour, what government offered is a reduction in income for federal-level workers who are already receiving N30,000 as mandated by law, augmented by former President Muhammad Buhari’s 40 per cent peculiar allowance  of N12,000 and the N35,000 wage award, totaling N77,000. At a joint briefing in Labou
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How govs killed local govts — Senate

•Accuse them of misappropriating LG funds •Asks Tinubu to immediately stop allocation of funds to caretaker  committees THE Senate yesterday accused state governors of misappropriating funds allocated to local government councils in Nigeria, saying that arm of government was dead in the country It also the dream of achieving the objectives of the local government system has encountered harsh realities as successive governments had often eroded local autonomy, limiting their financial resources and control over decision-making. Consequently, the Red chamber asked the federal government to stop further allocation of fund to caretaker committee-led local government areas, LGAs, and urged President Bola Tinubu to, as a matter of urgency, champion the cause of full autonomy for local governments in the country. Resolutions of the Senate were sequel to a motion sponsored by Senator Suleiman Kawu, NNPP, Kano South. The Senate resolved that President Tinubu should champion the cause of full au
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How I was electrocuted while vandalising transformer — 17-yr-old student

*We were to sell vandalised cable for N25,000 lHalf of his body burnt — Ondo Amotekun Commander A 17-year-old Junior Secondary  School, JSS, student, in Akure, Ondo State, Sunday Adegbulu, has narrated how he was electrocuted and body burnt while trying to vandalised electricity transformer. Adegbulu, who was paraded by the state security outfit, codenamed Amotekun, in the state, said they were to sell the vandalised cable to one of their sponsors, identified as Mr. Abubakar, for N25,000. In an interview with newsmen, Adegbulu said: “We were three in number and we were to sell the electricity transformer cable for N25,000 to Mr. Abubakar.  “It was my second operation. During my first operation, we vandalised and stole the electrical installation of an uncompleted building.  “On the latest incident, it happened on April 28, only two of us went to the transformer. “I never knew that there was going to be electricity supply. It’s the handwork of the devil that pushed me to the crime. Half
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Tariff hike: Why Labour disconnected NERC, TCN, DisCos’ offices

lSays privatization in power sector colossal failure *Demands complete reversal   *We’ve heard your concerns, NERC Chairman lWe’ll go back to drawing board, FG tells labour Organized Labour yesterday shut down the headquarters of the Nigeria Electricity Regulatory Commission, NERC, the Transmission Company of Nigeria, TCN, and Abuja Electricity Distribution Company, AEDC, headquarters over the recent hike in electricity tariff. Under the aegis of the Nigeria Labour Congress, NLC, and its Trade Union Congress of Nigeria, TUC, Organised Labour which demanded a reversal of the hike, also shut down state offices of  electricity distribution companies, DisCos, across the country.  It noted that the privatization in the power sector was a ‘colossal failure ‘ and demanded a complete reversal of the exercise and recovery of all public electricity assets sold. Recall that leaders of NLC and their TUC counterparts had on May 3, 2024, written to the Minister of Power, and the Chairman/CEO, of NER
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NLC, TUC give NERC deadline to reverse hike in electricity tariff

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NIGERIA Labour congress, NLC, and its Trade Union Congress of Nigeria, TUC, counterpart, have given the Nigerian Electricity Regulatory Commission, NERC, till May 12 to withdraw the recent hike in electricity tariff or face unprecedented industrial action. The ultimatum was issued in a joint letter to the Chairman/Chief Executive Officer, CEO, dated May 3, 2024, and copied the Secretary to the Government of the Federation, SGF, the Ministers of Labour and Power and the electricity distribution companies, DisCos, among others, Joe Ajaero and Festus Osifo, President of NLC and its TUC’s counterpart. The letter read:  “This is to refer you to our May Day address where we expressed grave concerns regarding the recent announcement of an astronomical hike in electricity tariff across the nation from N65/kwh to N225/Kwh by your commission.  ‘’We believe that this decision is not just morally reprehensible considering the difficulties Nigerians are faced with currently, but it blatantly disreg
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Petrol scarcity: Why pump price is high in stations — IPMAN

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*Price gap between major marketers and independents widens *Major marketers in B2B transactions   AGAINST the backdrop of  continued shortages and queues at petrol stations, pump prices are now settling at higher ranges across independent marketers and some major marketers. Findings in Lagos and Abuja also show that gaps between prices at major marketers’ filling stations and those of independent marketers are widening with major marketers maintaining relatively stable prices while independent marketers have adjusted their prices upwards by between 20 and 30 percent. While major marketers are selling at average of N605 per litre, the independents are selling at average of N730 per litre. However, Vanguard findings also show extreme cases, both low and high, as a few major marketers are selling below N600/ltr while some are selling up to N900/ltr in the outskates of major cities. Also while black market prices went as high as N1500/ltr the operators are still getting significant patrona
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Minimum Wage: Labour gives FG May 31 deadline

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lInsist on N615,000 wage demand lThreatens total shutdown if ....lPlaces 18-point demand before FG lCondemn hike in electricity tariff, demands reversal within 1 weeklWe’re working on new minimum wage, living wage -Tinubu assures  lResist anti-people tendencies, PDP charges workers lI stand with workers in solidarity -Peter ObilAkpabio assures Nigerian workers of better welfare THE organised labour, yesterday, gave the Federal Government, May 31, deadline to conclude the minimum wage negotion or face a nationwide industrial action. This came as President Bola Tinubu, promised that his administration was working on a new minimum and living wage to improve the welfare of workers in the country. The organised labour during the May Day celebration at the Eagle Square, Abuja, also insisted on N615,000 minimum wage, even as it placed an 18-point demand before the government,  threatening to shut down the country if the Federal Government failed to accede to their requests by May 31. This cam
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