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Edun to present new wage template

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The Federal Government will today present figures to Labour to back its minimum wage offer.
President Bola Ahmed Tinubu yesterday directed the Minister of Finance and Coordinating Minister of the Economy, Mr Wale Edun, to calculate the cost implications.

The President gave the directive when he met with members of the Federal Government’s negotiation team.

The two labour centres – Nigeria Labour Congress (NLC) and Trade Union Congress (TUC) – announced a suspension of the strike for a week after the President intervened.

The Tripartite Committee met to adopt an agenda mandating its members to continue an all-week-long negotiation as part of the pact.

The Senate promised to fast-track passage of a new Minimum Wage Bill when agreed upon.

Labour on Monday embarked on strike to register its displeasure over the outcome of last Thursday’s meeting by the wage committee.

The Federal Government and the private sector proposed N60,000, but labour demanded N494,000.

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The strike led to the shutting down of the national grid and disruption of flights.

Minister of Information and National Orientation, Mohammed Idris, said President Tinubu asked Edun to provide the figures, which will guide the government’s negotiation with Labour.

At the meeting were Secretary to the Government of the Federation (SGF) George Akume; Minister of Budget and Economic Planning Atiku Bagudu; Minister of State for Labour and Employment Nkeiruka Onyejeocha; and Group Managing Director of the NNPCL, Mele Kyari.

Idris said: “It’s been quite challenging, but we thank God that we’re at this point.

“We thank Labour that true to their words, they have suspended the strike.

“The President summoned a meeting of all those who negotiated on behalf of the Federal Government, led by the SGF.

“The President directed the Minister of Finance to do the numbers and get back to him between today (yesterday) and tomorrow (today) so that we can have some figures ready for negotiation with Labour.”

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Idris stressed that the President was committed to a realistic and acceptable new minimum wage.

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He said: “The government is not opposed to discussions or wage increase, but is desirous of ensuring that there is a balance.

“Therefore, we’ll work assiduously to ensure that whatever we do, whatever promises the government makes, will be kept. That’s the idea of this meeting.

“A wage award is not just that of the Federal Government. The sub-nationals are involved. The organised private sector is involved. Labour is involved.

“It was Labour that staged a walkout during those proceedings.

“Now that we’ve come back to the negotiating table, all of us will work together again, assiduously, within the next one week to ensure that we have a new wage for Nigeria that is acceptable, sustainable and also realistic for all Nigerians.”

The NLC and TUC decided to suspend the strike after an emergency National Executive Council meeting yesterday.

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In a communique signed by NLC President Joe Ajaero and his TUC counterpart Festus Osifo, labour said it suspended the strike to create the right ambience for negotiation to continue unhindered.

The communique reads: “The NEC in session resolved that there is a greater need to create the right ambience for negotiation to continue unhindered.

“The indefinite nationwide strike action is, therefore, relaxed for one week from today (yesterday) to allow the Federal Government to commit to a concrete and acceptable National Minimum Wage; take definitive steps to reverse the electricity tariff hike back to N66/kWh and abolish the discriminatory classification of electricity consumers into bands.

“The NLC and TUC national leadership are mandated to continue to maintain open channels of communication with the Federal Government to negotiate and secure favourable outcomes for Nigerian workers and people.

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“All affiliate unions and state councils are, therefore, directed to relax the indefinite nationwide strike and return to their respective workplaces immediately.

“The NEC-in-Session expresses profound gratitude to Nigerian workers and the general public for their unwavering support and solidarity in this critical struggle for improved living and working conditions.

“The NLC and TUC remain committed to pursuing all necessary actions to protect the rights and welfare of all Nigerian people and workers as we urge all to await further directives while the negotiation continues.”

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Osifo said Labour was not fixated on N494,000.

Speaking on Channels last night, he said: “At the tripartite meeting last Friday, they told us they could not do more than N60,000. All pleas and reasoning fell on deaf ears.

“When that happened, we had no choice but to call the strike. On Monday, we met with the SGF where they committed to do more than N60,000.

“The government knows very well that we are not fixated on the N494,000 we proposed.

“We also know that not all stakeholders, I mean employers of labour, can afford that sum.

Read Also: Why we suspended nationwide strike for one week, by Labour
“What should determine where we will end is the principles. We want the government to apply common principles to her proposal.

“When you’re going for negotiations, you go with your best-case scenario.

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“So, we have gone with our best case; it is now left for the government to come up with theirs.

“But what we will use for the national minimum wage borders on the principle of the value of whatever is being offered and we have a system of calculating it.

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“Whatever the Federal Government will be offering us must not be less than the worth value of the minimum wage of 2011 and 2019 can take.”

We will consider capacity of states, OPS to pay

Senate President Godswill Akpabio said the lawmakers would speed up the legislative process on the new wage law when it comes.

He spoke during plenary following a motion calling on the NLC and TUC to suspend the strike.

It was sponsored by Senator Diket Plang (PDP – Plateau Central), who chairs the Senate Committee on Labour and Employment.

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During the debate, information got to the chamber that the strike had been suspended, and the motion was stepped down.

Akpabio said: “Taking it (motion) will mean that we are jumping the gun and we are trying to settle the issues for them.

“There are many variables that they will look at – the capacity of states, local governments and the private sector to pay.

“The last minimum wage which was fixed at N30,000.00 by this parliament, but how many states were able to pay?

“How many local governments were able to pay? How many employers were able to pay?

“We’ll be looking at those things holistically. We should not rest until we arrive at an amicable resolution of the issue.

“I want to thank Labour for listening to the voice of Nigerians and the international community by calling off the strike to enable negotiations to continue and we wish them well in the negotiations.

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“We will continue to do our best by making contributions and at the same time awaiting the incoming Bill on Minimum Wage for us to enact for the benefit of all Nigerians.”

Source: The Nation

 

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Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today 13th September 2025

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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

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Aboki BDC

Yemi Cardoso CBN Governor

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EXPOSED: Truth About Peter Obi’s Son Revealed, Close Friend Speaks

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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.

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MANCHESTER DERBY: Erling Haaland Vows To Revenge Against United

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“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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REVELEAD: Why Pastor Kumuyi Is Changing Some Deeper Life Principles

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The General Superintendent of the Deeper Christian Life Ministry, Pastor William Folorunsho Kumuyi, has announced a series of changes to some of the long-standing rules of the church, saying many of them were never scriptural but were introduced for administrative purposes.

Pastor Kumuyi, widely regarded as one of the most influential church leaders in the world, is the founder of Deeper Life Bible Church, which began in 1973 as a small Bible study group in Lagos.

UNTOLD STORY: How I Married My Second Wife When She Was 65 – Kumuyi Reveals

Over the decades, the ministry has grown into a global Christian movement. The Lagos headquarters alone attracts over 120,000 worshippers weekly, placing it among the five largest single congregations worldwide. In Nigeria, the church boasts more than one million members with over 5,000 branches, and a further 3,000 branches spread across Africa, Europe, and North America.

Speaking at the church 2025 Global Family and Marriage Conference, Pastor Kumuyi announced modifications to certain marriage rules that had long been regarded as doctrinal. He clarified that many of these practices were never rooted in the Bible but were merely administrative guidelines designed to provide structure.

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One of the major changes is the cancellation of the restriction that prevented a lady from visiting her suitor before marriage. According to Kumuyi, intending couples may now visit each other during courtship, provided they are accompanied by an elder. The long-held six-month mandatory courtship period has also been scrapped. “We just felt you need some time to know one another. And then we said one month will be too short, two months too short. So, why not six months? But it is not from the Bible,” he said.

He stated the importance of Christians being able to distinguish between God’s commandments and church traditions.“As a Christian, you need to be so mature that you know the difference between the law of God and the principles in the church. Six months is all right, but it’s not something inflexible. If we change it to three months, we’re not changing the Bible, because six months is not in the Bible,”

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Pastor Kumuyi also clarified the role of marriage committees in Deeper Life, noting that their purpose was to provide guidance and not to exercise authority beyond what is written in the scriptures. “There’s no marriage committee in the New Testament. We created it to help you, not because we can give you a chapter and a verse. It is church administration,” he stated.

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These changes are seen by people as another step in the ongoing review of church practices that many members and outsiders have often considered too strict. Since founding the church has faced both admiration and criticism for its distinct doctrines. Some of its earlier beliefs and practices have either been misinterpreted or have since evolved:

Technology Use: The church, which once opposed television and modern gadgets, now embraces media and social platforms for evangelism.read the gospel.

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Marriage Rules: Inter-church marriages are now accepted, provided the partner is from a Bible-believing church with a holy standard of living.

Dress Code: The church still emphasizes modesty, but women no longer have to tie scarves at all times, and men are not strictly bound to suits.

Medical Treatment: While rumors once suggested Deeper Life discouraged hospital visits, today members are encouraged to seek proper medical care when needed.

Christmas Celebrations: Although many members spend Christmas at church camps, the church has clarified that celebrating Christmas is not forbidden.

Other misconceptions, such as supposed food restrictions or claims that Pastor Kumuyi had relocated to the UK, have also been dispelled.

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Through these reforms, Pastor Kumuyi is reinforcing his long-held belief that while order is necessary in the church, it must never be mistaken for scripture.

Source: City People

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Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today 12th September 2025

Published

on

What is the Dollar to Naira Exchange rate at the black market also known as the parallel market (Aboki fx)?

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 N1530 and sell at N1550 yesterday 11th September 2025, according to sources at Bureau De Change (BDC).CLICK LINK TO CONTINUE READING

READ ALSO  EXPOSED: Truth About Peter Obi's Son Revealed, Close Friend Speaks

Aboki BDC

Yemi Cardoso CBN Governor

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2027: Jonathan’s running mate picked as campaign posters hit internet

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The likelihood of former President Goodluck Ebele Jonathan entering the presidential race in 2027 is becoming increasingly apparent, particularly given the recent developments surrounding his potential candidacy.

Reports suggest that Jonathan is discreetly meeting with key political figures across the country, which adds to the anticipation surrounding his possible return to politics. Click link to continue reading.

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