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Minimum Wage: Labour Rejects FG’s N60,000 Proposal

The organised labour has just turned down the federal governments proposal of N60,000 as the new national minimum wage for Nigerian workers. 

PPPRA Says Fuel Price Remains Until FG, Labour End Negotiations

PPPRA Says Fuel Price Remains Until FG, Labour End Negotiations       The Petroleum Products Pricing Regulatory Agency on Sunday said the Petroleum Industry Act had signaled the full deregulation of the downstream oil sector. It was, however, quick to state that the negotiations between the Federal Government...

Petrol Price: FG, Labour To Reach An Agreement – NNPC

Petrol Price: FG, Labour To Reach An Agreement - NNPC       The price of petrol is not going to be adjusted despite the fluctuations in global crude oil prices until the Federal Government, labour and other stakeholders agree on pricing issues. Group General Manager, Group Public Affairs...

Labour Faults Fed Govt’s N50bn Monthly Electricity Susbsidy

Labour Faults Fed Govt’s N50bn Monthly Electricity Susbsidy         Organised Labour has tackled the Federal Government over claims of subsidising electricity supply across the country for over N50billion monthly. The administration of President Goodluck Jonathan privatised the electricity sector in November 2013 and handed it over to...

Labour Drums Support For CBN Over Naira Value

Labour Drums Support For CBN Over Naira Value     Organized labour has commended the recent measures of Central Bank of Nigeria (CBN) aimed at shoring up the value of the Naira. The Naira recently reversed its depreciation trend in the parallel market, recording N20 gain against the...

IMF-induced Policies Will Repress Nigeria’s Currency, Labour Warns

IMF-induced Policies Will Repress Nigeria’s Currency, Labour Warns     Submitting to the International Monetary Fund, IMF-induced policies would further distort and repress Nigeria’s currency, organised labour has warned. They argued that embracing the policies would lead the nation to a situation where a U.S. Dollar would exchange...