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33 Former CBN Workers Seek N30bn Compensation for Wrongful Termination

33 Former CBN Workers Seek N30bn Compensation for Wrongful Termination   A group of former Central Bank of Nigeria employees, who were let go in a large-scale restructuring effort last year, have filed a lawsuit against the apex bank at the National Industrial Court of Nigeria...

88% of Workers Self Employed – NBS Report

88% of Workers Self Employed - NBS Report Only 12 per cent of workers in Nigeria were in wage employment as of the end of the second quarter of 2023, the National Bureau of Statistics has disclosed. This is because 88 per cent of workers in...

222,141 Workers Dump PFAs, Move N908bn – PenCom

222,141 Workers Dump PFAs, Move N908bn – PenCom   No fewer than 222,141 workers have changed their Pension Fund Administrators and moved N908.363bn from their Retirement Savings Accounts since the National Pension Commission opened the window of transfer. PenCom disclosed this in its transfers report on ‘Quarterly...

Manufacturers Dismiss 3,567 Workers in H1, 2023 – MAN

Manufacturers Dismiss 3,567 Workers in H1, 2023 – MAN No fewer than 3,567 jobs were lost in the manufacturing sector in the first half of 2023 according to figures obtained from the Manufacturers Association of Nigeria (MAN). MAN disclosed this in its half yearly review of...

Palliative: FG Considers N702bn as Allowance for Workers Over Subsidy Removal

Palliative: FG Considers N702bn as Allowance for Workers Over Subsidy Removal   The National Economic Council has considered recommendations from the National Salaries Income and Wages Commission to pay N702bn as cost of living allowance to civil servants as part of intervention plans to mitigate the...

Fuel Subsidy: FG To Begin 40% Pay Rise For Workers By April Ending

Fuel Subsidy: FG To Begin 40% Pay Rise For Workers By April Ending   Barring any last-minute change of plans, the Federal Government will begin payment of the planned increase in civil servants’ pay by the end of this month (April), The PUNCH can report. The President,...