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Minimum wage: Labour kicks as FEC steps down memo, demands consultation
The Organised Labour on Tuesday kicked against the Federal Executive Council’s decision to step down the memorandum on the report of the Tripartite Committee on New National Minimum Wage.
The Head of Public Relations of the Nigeria Labour Congress, Benson Upah, who criticised the failure of FEC to consider the memo during Tuesday’s FEC meeting, said stepping down the tripartite committee report “creates room for injurious speculations.”
The Minister of Information and National Orientation, Mohammed Idris, told journalists after the council meeting that the FEC stepped down the memorandum on the new minimum wage to allow for more consultations between President Bola Tinubu, state governors, local government authorities and the private sector.
So This Happened (252) review organised labour request for new minimum wage, others0.00 / 0.00
Idris said the council deferred acting on the memo given that the Federal Government is not the sole stakeholder on the national minimum wage issue.
The Federal Government, Organised Private Sector and Labour had held several meetings on the new minimum wage with the NLC and Trade Union Congress leaders insisting on N250,000.
On the other hand, the Federal Government, states and the OPS made a counter-offer of N62,000.
However, the state governors argued that they would not sustain any minimum wage higher than N60,000.
The Assistant General Secretary of the NLC, Chris Onyeka, said Labour would not accept the latest offer of N62,000 and the N100,000 proposal made by some individuals and economists.
The NLC President, Joe Ajaero, said the unionists were waiting on the President to consider Labour’s proposal.
But speaking at the opening of the 2024 Synod of the Charismatic Bishops Conference of Nigeria in Abuja, the information minister emphasised the imperative of a realistic wage system that could safeguard against mass retrenchment while addressing workers’ needs.
FG faults NLC
Idris argued that the N250,000 minimum wage proposal could undermine the economy, lead to mass retrenchment of workers and jeopardise the welfare of Nigerians.
But in his Democracy Day broadcast, the President promised to forward a bill on the new minimum wage to the National Assembly soon.
He told governors and members of the National Assembly on the occasion of the nation’s 25th Democracy Day anniversary at the State House that his administration would pay whatever it could afford as the new minimum wage.
This statement drew the anger of Labour, which insisted that the political office-holders should also be paid the minimum wage.
The Senate spokesman, Yemi Adaramodu, said, “The President will likely send the minimum wage bill after the Sallah break.”
The Senate had adjourned plenary for the Sallah break and is due to resume on July 2.
But the then acting President of the NLC, Prince Adewale Adeyanju, said Labour would not accept the N62,000 proposed by the government and OPS, advising the President to pay workers a living wage and ignore those he described as sycophants.
He also refuted insinuations that a consensus had been reached between the Federal Government and Labour on the new wage.
On Monday, the NLC President, Ajaero, mentioned that Organised Labour expected Tinubu to reach out to the members of the tripartite committee to harmonise the figure, given the stalemate at the end of the committee meeting.
Addressing State House correspondents after Tuesday’s FEC meeting, the information minister, Idris, explained that the President needed to interact with other wage-paying entities to factor their contributions and circumstances into the executive bill on minimum wage that would be passed on to the National Assembly for passage into law.
He stated, “I want to inform Nigerians here that the Federal Executive Council deliberated on that (minimum wage) and the decision is that because the new national minimum wage is not just that of the Federal Government, it is an issue that involves the Federal Government, the state governments, local governments, and the organised private sector and of course, including the organised labour.
“That memo was stepped down to enable Mr President to consult further, especially with the state governors and the organised private sector, before he makes a presentation to the National Assembly before an executive bill is presented to the National Assembly.
“So I want to state that on the new national minimum wage, Mr President is going to consult further so that he can have an informed position because the new national minimum wage, as I said, is not just an issue of the Federal Government.”
He said the President studied the report and will “consult wider before a final submission is made to the National Assembly.”
Reacting to the FEC’s decision, the NLC spokesman, Upah, declared that stepping down the minimum wage memo did not bode well for workers.
When asked if the decision to postpone the consideration of the minimum wage memo was a waste of time, he responded, “Definitely, stepping down the minimum wage memo does not bode well with or for us. It creates room for injurious speculations.”
The Deputy National President of the TUC, Tommy Etim, said he expected the President to address the ‘grey areas’ ahead of the transmission of the executive bill on the new minimum wage to the National Assembly.
“I want to believe that the government is very conscious of the grey areas which organised labour has pointed at, especially the amount to be accepted by every party involved, the frequency of review and criteria for the review and application.
“These, amongst others, are the burning issues which to the best of my knowledge need to be addressed before its consideration by FEC to the National Assembly,’’ he noted.
OPS warns Labour
Meanwhile, the OPS on Tuesday reiterated its warning that any approval of a new national minimum wage that is above N62,000 could spark an industrial crisis and lead to job losses.
It said an upward review by the President might lead to non-compliance by employers which could lead to a series of industrial actions by aggrieved employees.
The Director-General of the Nigeria Employers Consultative Association, Adewale Oyerinde, stated this while speaking to journalists on the sidelines of the Third Nigeria Employers Summit on ‘Economic Renaissance Harnessing Government Reforms and Private Sector Agility,’ in Abuja.
He said private sector members swallowed a painful pill in accepting the proposed N62,000 by the tripartite committee and that it was based on a certain premise of concession by the government to suspend implementation of the electricity tariff, among others.
The NECA DG added that the government must consider the financial capability of its members to avoid a total shutdown of the sector.
He said, “Now, for us, and we have said it and we’ll say it again openly, the N62,000 that the employers came up to, the N62,000 was based on some premise. It was painful conceding that we did. And it was based on a certain premise. And one of those, or two of those, or three of those is the new electricity tariff, the government has to suspend it. That is one. That there should be an embargo on the new tax.
“And this speaks to the National Assembly as we speak. I hear the representative of the speaker saying he’s going to declare open a public hearing on CSR (corporate social responsibility). It’s not a part of the issues we had. The House wants to legislate on CSR to make it compulsory. It is corporate social responsibility, for God’s sake.
“It’s the prerogative of the business to say this is what I want to do. So you don’t legislate it. It’s another tax which we are also going to contest.
“So, those are part of the conditions that we gave for us to agree on the N62,000 minimum wage. Now, if it goes above N62,000, you have created two or three different dynamics. One, you have set the tone for non-compliance.
“That is one. Because if I cannot pay, I just can’t pay. Now, you have created a problem for the judiciary because all employees who are not satisfied have the right, according to the Act, to go to the National Industrial Court.
“Now, imagine 1,000, 2,000 employees or 5,000 employees across the country going to the National Industrial Court. How long will the Industrial Court take to dispense almost 5,000 cases? That is one.
“Two, you have also set in the process another dangerous pattern. We already have businesses leaving now. All of us are not interrogated, where are our brothers and sisters working in those companies? Where are they? So, a figure beyond what the private sector can pay may also lead to a loss of jobs.
“Now, we complain about insecurity. So, we have to put all those together. And a fundamental, lastly for me, on this minimum wage issue, a fundamental element in setting up a national minimum wage that you cannot take away is the ability to pay.
If you take away the ability to pay, then you have just set a crisis stage.”
Asked whether the association was satisfied with the delay on the minimum wage bill, the NECA DG said, “There’s no waiting game and I think we have to put all this in context. And all this misinformation, I think we are just creating unnecessary tension. There’s a process and we don’t seem to be on the same page. There’s a process of the tripartite committee sitting to recommend the national minimum wage.
“And that process, once the minimum wage, the figures are recommended, we pass it to the president, which we have done. And the president is the sovereign. They have to pick the committee’s recommendation, do I accept it or do I not take it?
“The President remains the sovereign. That position is not contested. The employers cannot contest it. Labour cannot contest it. It is the sovereign that should pick a figure, and then pass it to the National Assembly to go through a legislative process. That process, we can only advocate for it to be fast-tracked.
“We cannot put a gun in somebody’s head and say, look, you have to do this, it’s tomorrow, you have to do it. It doesn’t work like that.”
Strategic reforms
Speaking at the event, Tinubu stated that his administration would continue with proposed strategic reforms and measures to address deep-rooted structural issues in the country.
He said the reforms would be implemented fully despite the nation’s complexities and citizens’ resistance to change.
“We will continue with various proposed programs and strategic measures where necessary to address the deep-rooted structural issues these are systemic challenges that plagued the economy over the years.
“Despite our country’s complexities and citizens resistant to change, we will remain resolute in our commitment to stir the nation towards safety and prosperity,” Tinubu said at the Nigeria Employers Summit on Tuesday in Abuja.
The President was represented by the Minister of State for Labour and Employment, Nkeiruka Onyejeocha.
In its third edition, the event was organised by the National Employers Consultative Association and serves as the premier advocacy platform for business-focused deliberation and solution paths between the OPS and the government at both national and sub-national levels.
Multiple reforms by the current administration including the removal of the fuel subsidy and unification of the exchange rate market more than a year ago have set the country on a path of inflation surge and forex crisis leading to the exit of multinationals.
The President admitted that current reforms have caused disruptions in key sectors but he insisted they had set the nation on a path of economic prosperity and generational development.
He said the withdrawal of the unsustainable fuel subsidy which drained $10bn or 2 per cent of the nation’s GDP has allowed for the redirection of funds towards critical sectors such as health care, infrastructure, and security directly impacting citizens well being and prosperity.
He added that the steps were necessary to ensure the sustainability of businesses, attract foreign direct investors and make Nigeria the pride of Africa as it used to be.
Tinubu said, “The theme of this year’s annual summit is apt as the government since its inception has rolled out several reforms that have affected the economy value chain and impact on organised businesses. It is also without doubt that this administration is committed to strengthening the private sector’s role in our economy.
“In our quest for economic renaissance and national renewal, we have had to embark on various reforms to navigate our mission. These reforms are not only necessary but also very important to preserve our national wealth and lay a solid foundation for our generational development.
“Are the current challenges surmountable? Of course, yes. They are surmountable and we will all surmount them. Now that there are challenges as a result of the reforms, I assure you that this administration is doing all that is necessary to cushion the pains and impact for all ‘citizens’.
He added, “The administration will continue to do all that is necessary to ensure the sustainability of businesses, attract foreign direct investors and make our nation the pride of Africa as it used to be.’’
NECA advises govt
In his welcome address, Oyerinde said the government must deepen collaboration and create pathways towards maximizing ongoing government reforms by leveraging the capacity and potential of private sector employers.
He called for the fast-tracking of palliative measures to lessen inflationary pressures.
He stated, “While we commend these efforts and recognize their critical role in attracting investment, enhancing productivity, and driving sustainable economic growth, it is essential to note that the true measure of these reforms lies in their effective implementation and the tangible benefits they deliver to businesses and citizens alike.
“The private sector, with its inherent dynamism and innovation, stands as a cornerstone of economic development. Our agility allows us to swiftly respond to market changes, adopt new technologies, and create value.
“It is this spirit of innovation and resilience that we must harness to complement government reforms. By promoting a symbiotic relationship between the public sector’s regulatory framework and the private sector’s dynamism and value creation, our country can achieve sustainable and inclusive economic growth,” he stated.
Source: The Punch
…As Oborevwori Donates Buses To Institute
The Petroleum Training Institute (PTI), Effurun, Delta State, has expressed readiness to collaborate with the State Government on international oil and gas training programmes designed to equip youths with employable skills and drive economic growth in the state.
Speaking during a courtesy call on Governor Sheriff Oborevwori at Government House, Asaba, on Tuesday, the Principal and Chief Executive Officer of PTI, Dr. Samuel Onoji, said the Institute was committed to offering discounted and subsidised international trainings in oil and gas to enhance the employability of Delta youths.
Onoji commended Governor Oborevwori’s infrastructural drive, describing developments under his administration as unprecedented in the history of the state.
He also appreciated the Governor for reconnecting electricity to the Institute and invited the Governor to the Institute’s International Hydrocarbons and Scientific Conference scheduled for October at the PTDF Hall, Abuja.
In his remarks, Governor Oborevwori commended PTI and the Minister of Petroleum, Senator Heineken Lokpobri, for releasing 25 hectares of land to the state government, stressing that the gesture reflected their commitment to Delta’s growth and development.
“PTI is very dear to us in Delta because it opened the door for other federal government establishments to come into our state.
“We don’t take anything concerning PTI lightly. Your visit today is a demonstration of your commitment, and I assure you that this government will continue to support the Institute in all its endeavours,” the Governor said.
As part of his support, Governor Oborevwori approved the donation of a Coaster Bus and an 18-seater Hiace Bus to meet the mobility needs of staff and students of PTI.
Established in 1972, PTI is regarded as the foremost petroleum training institute in Africa, mandated to train and retrain skilled manpower for the oil and gas industry.
News
‘No More N865/Ltr’ – Dangote Releases List of Filling Stations Selling Petrol At Cheaper Rate (New Petrol Prices by States)
The Dangote Petroleum Refinery has announced a fresh reduction in petrol pump prices, offering Nigerians a much-needed relief at a time of rising living costs.
Starting from Monday, September 15, petrol will now be sold below N865 per litre at select partner filling stations across the country.
This announcement comes alongside the refinery’s new distribution model, which involves the use of Compressed Natural Gas (CNG) trucks to deliver fuel directly to stations. The approach is expected to cut down logistics costs and improve fuel availability nationwide.
New Petrol Prices by States
According to Dangote Refinery, the price adjustments will immediately take effect in several states, with plans to expand nationwide.
Lagos, Ogun, Oyo, Ondo, Osun, and Ekiti: N841 per litre (previously between N865 and N880)
Abuja, Delta, Rivers, Edo, and Kwara: N851 per litre (previously between N890 and N910)
Dangote emphasized that this is just the beginning, promising that more states will benefit from similar reductions in the coming weeks.
Partner Filling Stations Selling at New Prices
The refinery has partnered with both long-standing and newly added marketers to make cheaper petrol available to Nigerians.
Existing Partners
MRS
Heyden
Ardova (AP)
Hyde Energy
Optima
Techno Oil
TotalEnergies
New Partners
Garima Petroleum
Sunbeth Energies
Sobaz Nigeria Ltd.
Virgin Forest Energy
Sixxco Oil Ltd.
N.U. Synergy Ltd.
Soroman Nigeria Ltd.
Jezco Oil Nigeria Ltd.
Jengre
Cocean
Kifayat
Triumph
Golden Sifem Global
Riquest
Mamu Oil
Why the price drop matters
The price cut, which averages N24 lower per litre, is directly linked to Dangote’s new direct distribution strategy. By rolling out thousands of CNG-powered trucks and establishing CNG “daughter booster” stations across the country, the refinery aims to reduce dependence on middlemen, thereby slashing transportation costs that usually drive fuel prices higher.
At the moment, Dangote has taken delivery of 1,000 out of the 4,000 trucks it ordered. This investment in logistics is expected to ensure steady nationwide distribution in the months ahead.
Benefits for petrol dealers and marketers
Beyond reducing retail prices, Dangote Refinery has also extended an invitation to filling station owners across Nigeria to join its distribution network. The company is offering:
Free delivery logistics through its CNG-powered truck fleet
Access to credit facilities: Dealers who purchase 500,000 litres can obtain an additional 500,000 litres on credit for two weeks, under bank guarantee
This system is designed to support petrol dealers, manufacturers, transport operators, and other large-scale users while ensuring Nigerians pay less at the pump.
NNPC price comparison
Interestingly, the Nigerian National Petroleum Company (NNPC) Limited has also recently adjusted its pump price to N865 per litre, which remains slightly higher than Dangote’s new rates in most states.
The competition between the state-owned NNPC and the privately owned Dangote refinery may continue to shape petrol pricing in Nigeria in the coming months.
Top private secondary schools now charge fees as high as private universities.
But behind each modern campus, fancy facilities, and international programs is a story of hard work, vision, and money.
From pioneering educators to embassy-backed schools, find out who is turning expensive schooling into big business in Nigeria’s largest city.
- Greensprings School
Visionary Founder: Mrs. Lai Koiki
Starting as a small nursery in 1985, Koiki transformed Greensprings into a tri-campus British-style institution serving over 2,000 students. Today, day pupils pay about ₦3.8 million per term, while boarding spots go for around ₦7.1 million testimony to her decades-long commitment to high-quality, holistic education.
- Grange School
Nonprofit Legacy: Grange Education Limited
Launched in 1958 by British expatriates to educate children of West African Airways staff, Grange is run by a parent-and-stakeholder board. With term fees near ₦4.5 million for day students and ₦6.5 million for boarders, its nonprofit status means every naira is reinvested into campus expansion and teacher development.
- Lekki British International School
Family-Led Enterprise: The Idehen Siblings
Founded by the late Dr. Abiodun Laja in 2000, LBIS now thrives under the stewardship of her children, Francis and Christian Idehen. They uphold a rigorous UK National Curriculum for roughly 350 pupils, charging about ₦4.6 million per year for day schooling and ₦6.8 million to board.
- British International School, Lagos
Global Backing: British Schools Foundation
Part of an international network, BIS Lagos blends Cambridge and British curricula on its Lekki Peninsula campus. With termly fees climbing above ₦5 million for day scholars and ₦7.5 million for boarders, it attracts a truly cosmopolitan student body and overseas-trained faculty.
- Meadow Hall School
Educational Innovators: The Hansotia Family
Since its 2002 inception, Meadow Hall has championed inquiry-based learning across two campuses. Their upscale campus in Lekki features science labs, art studios, and green play spaces. Day students pay around ₦4 million per term; boarders hover near ₦7 million.
- Atlantic Hall
Alumni-Driven Council: Former Students & Parents
Atlantic Hall established in 1989 operates under a vibrant alumni and parent board committed to continuous improvement. Known for its A-Level program and expansive sports facilities, it charges close to ₦3.9 million per term for day pupils and ₦6.3 million for boarders.
- Corona Day Secondary School, Lekki
Heritage Brand: Corona Schools
With roots stretching back to the 1950s, Corona remains a household name. The Lekki branch offers the Nigerian curriculum alongside international enrichment programs. Fees are roughly ₦3.7 million per term for day students; boarding isn’t offered here, keeping costs slightly lower.
- Lycée Français Louis Pasteur
Diplomatic Mission: French Embassy
Operated by France’s Ministry of Foreign Affairs, this school delivers the French national curriculum from primary through lycée. Its bilingual immersion and international accreditation command term fees of about ₦5 million reflecting its elite pedigree and embassy support.
- Charterhouse Lagos
Tech-Minded Founders: The Petkauskas Family
Charterhouse, birthed in 2000, has built a reputation for coding and robotics labs alongside classical academics. Day scholars invest roughly ₦4.2 million per term; boarding which includes weekend hackathons runs nearly ₦6.7 million.
- American International School of Lagos
Consortium Ownership: American and Local Partners
AISL, part of a global network, follows an American curriculum with Advanced Placement options. Situated in Victoria Island, it caters to expatriate and Nigerian families, charging around ₦5.2 million per term for day schooling and ₦7.8 million for its residential program.
Business Elites Africa
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Wike’s Spokesperson Olayinka Shares Update Amid Reports FCT Minister Travelled to UK For Medical Attention
A report by Sahara Reporters widely shared on internet claimed that FCT minister Nyesom Wike was diagnosed with congestive heart failure
The online news platform said sources privy to the minister’s health status informed it that Wike has been diagnosed with congestive heart failure and is currently under medical management in the UK.
However, checks by Legit.ng showed that no other reputable platforms have the report
Wike’s absence from public appearances sparked bizarre rumours online, with several netizens commenting that he might be out of Nigeria for medical reasons.
Amid the anxiety over Wike’s whereabouts, Olayinka posted on his verified X (formerly Twitter) page:
Lere Olayinka, senior special assistant on public communication and social media to Nyesom Wike, on Sunday, September 14, disclosed that his principal will be on a popular political show on Thursday, September 18, 2025.
FCT Minister, Nyesom Wike, will be on Channels Television’s Politics Today on Thursday, September 18, 2025, from 7PM to 8:30PM. pic.twitter.com/pnWMxBDVZY
— Lere Olayinka – Aresa 1 (@OlayinkaLere) September 14, 2025
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
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