State Governors Push for Autonomy in Setting Minimum Wages Across Nigeria

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  • Опубліковано 28 чер 2024
  • Tonight's essential story unfolds as Southern Governors assert their desire for states to individually determine the new minimum wage, stirring a nationwide discussion. This issue is further amplified by the Nigeria Labour Congress, which cautions against unilateral wage determinations that could affect the national economic stability and workers' living standards. In other news, CBN Governor Olayemi Cardoso signals an end to the recent naira devaluation panic, attributing this stabilisation to improved market liquidity. We also cover the devastating impacts of a cholera outbreak in Rivers State and a major fire incident at Abuja's Karu Market. Join Public Affairs Analyst Ahmed Husaini and Chartered Accountant Akin Fatunke for an in-depth discussion on these pressing topics.
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КОМЕНТАРІ • 2

  • @sirrainbow1672
    @sirrainbow1672 2 дні тому

    Minimum wage negotiations cannot be one sided, therefore the organized labor must understand that there are other workers who are not their members that need to be covered by any national wage that the Federal Government approve. Citing the spending nature of the Government and asking them to make sacrifices can only benefit workers associated with organized labor and not the private sector employers. This is the problem here that Nigerians do not seem to understand. Nigerians have argue that the law makers cut down on the salaries and benefits to accommodate wages for the organized labor, the question now is how does that benefit the privates sector workers directly? What needs to be done is for organized labor to accept what the government and the private sector employers have agreed they can afford, then the State governors can determine how much more to offer according to the cost of living in their states. This should be the focus of the organized Labor and not asking for a higher minimum wage across the board that will only be in theory. It is obvious that the Federal Government as not complained so far as the State governors are doing. The present economic situation in the country will not remain for ever and the labor must be careful not to shot themselves on their foot when the economy becomes booming if they are asking too much now.

    • @user-re9ph3pr4y
      @user-re9ph3pr4y 2 дні тому

      What labour congress is fighting for is a wage increase that every company publicly or privately owned should adhere to and comply with.