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Nigerian govt insists on N62,000 minimum wage despite Labour’s stance

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The lingering feud between the Nigerian government and organized labour on the minimum wage saga may not have an end soon as the government has insisted that it will not pay a dime above the N62,000 it had proposed despite labour pegging its demand at N250,000.

A statement from the Presidency on Sunday stated in clear terms that the N250,000 minimum wage clamour by Organised Labour was unsustainable, warning that the Federal Government could not channel all its resources to meet such a demand.

The position of the Nigerian government is coming after the Association of Local Governments of Nigeria (ALGON) also raised concerns over the amount being proposed by the FG in the face of escalating inflation and high cost of living.

ALGON, had, in a statement, said if approved, the wage may put a strain on the councils’ financial burden.

Several rounds of talks between government and labour leaders have stalled as the Tripartite Committee set up to negotiate on behalf of government has failed to reach a compromise with labour.

The labour unions have described the proposal as an insult to the intelligence of the average Nigerian worker, whom they say deserve far better than what the government offered.

Special Adviser to President Bola Tinubu on Information and Strategy, Bayo Onanuga, in an interview, disclosed that unless the Nigeria Labour Congress and the Trade Union Congress were selfish, they should consider that the resources meant for the entire Nigerians could not be channeled to only the benefit of their members who are not more than 10 per cent of the entire population.

“That is why we keep telling labour to be realistic because the government cannot use all its resources to pay workers. They have other things to do. The workers we are even talking about are not up to 10 per cent of the population.

“Many people are self-employed or engaged in the private sector, who are not members of Labour, and are not affected by this demand.

“This is even more reason why labour has to reconsider their decision critically instead of always striving to shut down the system. What the FG did was in consultation with the private sector and others.

“Only Labour, which appears to be in the minority, kept saying they won’t accept N62,000. They are not even employers but employees.

“Let us wait and hear what they are going to say after their return from the ILO conference. But they have to be realistic,” Onanuga reiterated.

Onanuga added that the Federal Government might not meet the Labour leaders again unless something cogent turned up.

“I am not sure whether the FG is meeting with them or whether its position on the minimum wage has changed. Don’t forget the current amount on the table was arrived at by the committee that also has the private sector where the NECA and NACIMMA were also represented.

“That was the figure the FG delegation, sub-nationals, employers, NECA and other sectors agreed on. So, the FG cannot just decide on any other amount of money on its own without carrying these people along.

“And the government cannot just decide anything without ensuring that the state and local governments are able to pay,” he said.

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Metro

‘You’re better off in retirement, drinking in peace’, Zambian President taunts predecessor

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Zambian President, Hakainde Hichilema, has told his predecessor, Edgar Lungu, that he should forget the presidency in 2026 as he is better off in retirement where he can drink in peace.

Hichilema, who spoke to supporters of the ruling United Party for National Development (UPND) in Mazabuka district on Tuesday, told Lungu that his “buttocks are glued” to the presidential seat, advising Lungu to continue “drinking in peace” because his dream of bouncing back to power was unattainable.

He added that he had sympathy for Lungu who has claimed he would return to the political arena.

“He is better off being in retirement so that he can be drinking in peace,” Hichilema said.

“Someone who is drunk wants to come back to the presidency seat. Where will he sit? You drink and get drunk, then you want to come back to the presidency seat, the seat which I have already taken with my buttocks glued to it, so where will he sit?” he wondered.

Hichilema further dismissed Lungu’s aspirations of returning to power as far-fetched, emphasizing, “I’m not leaving anytime soon.”

He recounted watching Lungu rant from a distance, saying he was not moved by his claims because he perceived Lungu as a drunk man.

“When I hear him talking about bouncing back to power, I peep, and I am like, ‘You are drunk; just sit down and continue drinking every day,’” he remarked.

The President insisted that no one would want to return to the era of the Patriotic Front (PF) which he said individuals were beaten for expressing their political beliefs.

“These people want to take away the free education; they want to take away the increased CDF, which was not correct. We cannot allow people who used to beat us just for wearing red,” he stated.

He pointed out that under the PF’s rule, people were arrested simply for being associated with the UPND, but now it was the PF’s turn to face consequences for their violent behavior.

Hichilema also cautioned all UPND members against claiming that he had already won the 2026 election, warning that such assertions could lead to serious trouble.

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Nigeria: EFCC says country loses $500m to cybercrime annually

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Chairman of Nigeria’s anti-corruption agency, the Economic and Financial Crimes Commission (EFCC), Ola Olukoyede, says the country loses over $500 million annually to various forms of cybercrimes.

Olukoyede, who made the disclosure on Tuesday at the National Cybercrime Summit organised by the EFCC in collaboration with the European Union-funded Rule of Law and Anti-Corruption Programme of the International (IDEA) in Abuja, noted that an estimated $500m was lost to the scourge in 2022, adding that cybercrime suspects got a larger share of the 3,455 convictions recorded by EFCC in his one year in office.

He added that projections by multiple sources show that the global loss to cybercrime may reach a staggering $10.5tn.

“As a matter of fact, the research I did earlier this year confirmed that cybercrime has become the third largest GDP in the world with approximately 2,328 cases occurring daily,” the EFCC boss said.

“The implication of all this is that if left unchecked, cybercrimes pose grave dangers to the entire world.

“Bringing it to Nigeria, in 2022 alone, Nigeria lost over $500 million to cybercrimes. These are the realities driving the commission’s fight against these crimes.

Cybercrime accounts for a significant percentage of the 3,455 convictions recorded by EFCC in my one year as the Executive Chairman of EFCC.

“A significant portfolio of choice assets has also been recovered and returned to both local and foreign victims of cybercrimes by the commission.

“We are not oblivious of insinuations and misconceptions in some quarters,’ Olukoyede, noting that as part of measures to curb crime, the anti-graft agency was building a cybercrime research centre.

“We are putting up a Cybercrime Research Centre in collaboration with one of the fintechs in Nigeria.

“It’s a centre that will take a minimum of 500 young Nigerians at a time and train them in cyber security and all areas of cybercrime research so that we’ll be able to make something out of them,” he added.

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