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₦70,000 Not Enough, NECA Demands States to Pay Higher Minimum Wage

₦70,000 Not Enough, NECA Demands States to Pay Higher Minimum Wage The Nigeria Employers’ Consultative Association (NECA) has challenged state governments to raise workers’ pay beyond the current ₦70,000 minimum wage, insisting that the sharp rise in federal revenue makes it untenable for states to...

Nigeria Needs Better Labour Policies for Economic Growth – NECA

Nigeria Needs Better Labour Policies for Economic Growth - NECA   The Nigeria Employers Consultative Association (NECA) has appealed to the government to reform and strengthen its labour policies, aiming to attract investments, foster regional trade, and ultimately achieve economic stability. The Director-General of the Nigeria Employers Consultative...

NECA Raises Alarm Over Customs’ FOB Charge, Predicts N2.84trn Burden

NECA Raises Alarm Over Customs' FOB Charge, Predicts N2.84trn Burden   The Nigeria Employers’ Consultative Association (NECA) has warned that the newly introduced four per cent Free On-Board valuation on imports by the Nigeria Customs Service will impose an additional N2.84tn in costs on businesses, worsening...

NACCIMA, LCCI, NECA Lament Over Petrol Price Hike 

NACCIMA, LCCI, NECA Lament Over Petrol Price Hike  The Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture, NACCIMA, Lagos Chamber of Commerce and Industry, LCCI, and Nigerian Employers Consultative Association, NECA, among others, yesterday expressed concern over the impact of the latest petrol...

NECA Warns FG Over 25% Projected Inflation Rise by Q4’23

NECA Warns FG Over 25% Projected Inflation Rise by Q4'23 The Nigeria Employers Consultative Association has warned that the continuous rising of inflation, if not controlled can hit 25 per cent before the end of the years 2023. In a statement on Wednesday, the Director-General of...

Market Forces Responsible for Fuel Hike, Says Kyari

Market Forces Responsible for Fuel Hike, Says Kyari The Group Chief Executive Officer (GCEO) of NNPC, Mele Kyari says market forces were responsible for the increase in pump price of petrol, assuring Nigerians that there was no shortage in product supply. Kyari blamed market forces for...