News
FG fails to present New Offer, raises committee to fine-tune negotiation
The controversy and suspense trailing a new national minimum wage for workers continued on Thursday, as the Federal Government representatives in the Tripartite Committee failed to present any additional figures as previously agreed.
The latest development comes despite several hours the tripartite committee met in Abuja to unveil an additional figure topping up the N60,000 the government previously offered the organised labour.
Recall that a nationwide strike called by the Nigeria Labour Congress (NLC) and Trade Union Congress (TUC) had grounded economic and social activities across the nation, including shutting down of the national power grid throwing the country in total darkness.
The development had prompted a marathon meeting between the Secretary to the Government of the Federation, George Akume and other government functionaries in President Bola Tinubu’s cabinet who did everything possible to extract a commitment to top up the N60,000 the government had proposed.
It also prompted the organised labour to suspend the strike with an assurance that government was ready to give more.
But on Thursday when the meeting kicked off about 5p.m at the Nicon Luxury Hotel, stakeholders were expectant that the Federal Government must have consulted and would present an offer above the initial N60,000.
Sources, however, said the Minister of Finance and Coordinating Minister of the Economy, Wale Edun, and the Minister of Budget and National Planning, Atiku Bagudu, had presented figures or the cost implications to President Bola Tinubu as he earlier directed.
Our source privy to the meeting further revealed that the government team requested that there were things they had wanted to discuss hence a technical committee was set up for that matter.
According to the source, “The government team did not present any new offer. They requested that there were things to discuss and a technical committee was set up.
“I suspect that maybe the president is still going through the figures presented to him by the Minister of Finance. Maybe, the president may present his decision to the minister before our meeting tomorrow (today).”
Recall also that the struggle for a new minimum wage dates back to May 29, 2023, when President Tinubu assumed office as president and exited the country from payment of petrol subsidy.
The development took its toll on Nigerians, especially workers who began agitating for palliatives and subsequently began a campaign for wage increment to cushion the impact of high inflation.
At the 2024 May Day celebration, labour had insisted that N615,000 was ideal for a national minimum wage for the least paid worker but had to down grade its demand to N500,000, then N497,000, before finally capping it at N494,000.
The government team had to also shift grounds from an initial offer of N48,000 to N54,000, then N57,000 before settling for N60,000 when negotiations broke down to pave way for an industrial action.
While Thursday’s meeting held behind closed doors, the media space was awash with speculation that the government side had offered to pay N105,000 to which the Minister of Finance, Wale Edun and Special Adviser to the President on Information and Strategy, Bayo Onanuga, quickly debunked.
Source: Independent.ng
When Oluwatosin Ajibade, popularly known as Mr Eazi, tied the knot with Temi Otedola, daughter of billionaire businessman Femi Otedola, many in Nigeria’s elite circles questioned why one of the nation’s most prominent families would give their daughter’s hand to a musician.
But at the couple’s white wedding in Iceland, Africa’s richest man, Aliko Dangote, provided an answer that silenced critics by confirming Mr Eazi as an entrepreneur with businesses across 18 countries on the continent.
Below is a list of Mr Eazi’s businesses, not known to many Nigerians.
1- emPawa Africa – Founded in 2018, emPawa is a talent incubation and music distribution platform that has helped launch stars like Joeboy. It provides mentorship, funding, and resources for up-and-coming artists across Africa.
2- Zagadat Capital – Mr Eazi’s venture capital firm invests in startups in tech, media, and entertainment. Notable investments include:
3- pawaPay – A pan-African mobile payments company.
4- Thrive Agric – an agri-tech startup connecting farmers to investors.
5- BetPawa – A popular online betting platform.
6- Street Banker – A financial inclusion project for underserved communities.
7- Choplife Gaming & Choplife SoundSystem – Expanding beyond music, Eazi launched Choplife Gaming in 2022, a pan-African lottery and gaming company. His Choplife SoundSystem blends music, events, and lifestyle branding into a cultural business model.
Although less publicised, the singer has confirmed investments in real estate projects across Nigeria and Ghana, as well as hospitality ventures linked to his Choplife brand.
Through Zagadat Capital, Eazi also holds stakes in several fintech firms driving financial inclusion across Africa.
Now married into one of Nigeria’s most influential families, Mr Eazi embodies a hybrid lifestyle — blending music, global entrepreneurship, and elite family life.
For him, business has never been secondary.
As Dangote hinted, music may be just the tip of the iceberg. With ventures spread across at least 18 African countries, Eazi is positioning himself not just as a musician, but as one of the continent’s most ambitious entrepreneurs.
And with his marriage to Temi Otedola, many say the couple may just become Africa’s new symbol of power, wealth, and influence.
News
2027 Election: “Tell Tinubu This”, – Primate Ayodele Sends Strong Warning To Tinubu In New Prophecy
Prophet Ayodele has consistently been in the news week in, week out. It is either he is releasing a fresh prophecy that’s gaining traction or a previous prohecy has just come to fulfilment and people are talking about it.
In a statement signed by his media aide, Osho Oluwatosin, Primate Ayodele stated that the present administration is full of wrong advisers who are pushing for irrelevant policies, and making good advisers enemies of the president.
The prophet warned the president against making good advisers his enemies, as it will lead to the end of his government if care isn’t taken.
“Tinubu’s administration is full of wrong advisers; they are turning him against his good advisers, and he will make them his enemies. He is creating enemies, and those whom he thinks love him would be his worst enemies.
“There are lots of irrelevant policies they are using to kill Tinubu’s government; these are policies that will build up massive protests against the government and division. He should do the needful; there are several irrelevant policies already, but the focus ought to be on what will make people happy. “
Primate Ayodele mentioned some things the president should focus on, and they include development and surplus for the people. He stated that road construction is good, but it’s not enough for the people.
He commended the president for his efforts on insecurity but urged him to do more.
“Tinubu should focus on development, on how to create surplus for the people. Road construction is good, but it’s not the only thing people need; he needs to look into other areas.
“On insecurity, he is doing well, but he should do more, activate forest security in order to end kidnapping. He should increase the salaries of national assembly members because it will turn the nation into chaos. He should also eradicate darkness, and not add more tariffs and taxes to basic things in the country.”
What is the Dollar to Naira Exchange rate at the black market also known as the parallel market (Aboki fx)?
See the black market Dollar to Naira exchange rate for yesterday 13th September, below. You can swap your dollar for Naira at these rates.
The exchange rate for a dollar to naira at Lagos Parallel Market (Black Market) players buy a dollar for N1520 and sell at N1550 yesterday 13th September 2025, according to sources at Bureau De Change (BDC). …CLICK LINK TO CONTINUE READING
What is the Dollar to Naira Exchange rate at the black market also known as the parallel market (Aboki fx)?
See the black market Dollar to Naira exchange rate for yesterday 11th September, below. You can swap your dollar for Naira at these rates.
The exchange rate for a dollar to naira at Lagos Parallel Market (Black Market) players buy a dollar for N1525 and sell at N1550 yesterday 12th September 2025, according to sources at Bureau De Change (BDC). …CLICK LINK TO CONTINUE READING
Amidst swirling rumors surrounding Oseloka Obi, the son of Peter Obi, the Labour Party’s presidential candidate for 2023, a new twist has emerged regarding persistent allegations about his gender identity.
In response to a flurry of speculation, Oseloka has taken a stand against the viral claims connecting him to homosexuality, which were sparked by the circulation of photographs featuring him alongside Kent Okwesa, a British-Nigerian based in London. Click link to continue reading.
“We’ve lost two games in a row, it’s not good enough, it’s way too bad,” he said, speaking to Viaplay in Norway. “We need to figure it out, get back to winning ways.
Pep Guardiola’s side are in the bottom half of the Premier League table heading into the clash having lost back-to-back matches against Tottenham and Brighton before the international break. Click link to continue reading.
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