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Video: Nigerian President, Tinubu promises interim wage increase to forestall labour strike

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Nigerian President, Bola Tinubu, in a nationwide broadcast on the commemoration of the country’s independence, announced an interim wage rise for low income workers, and deployment of mass transit buses running on gas to ease the impact of petrol subsidy removal.

The announcement comes two days before labour unions are set to embark on an indefinite strike.

Tinubu said the decision was reached after talks with labour, business and other stakeholders. In the plan, federal government workers would get an additional 25,000 naira a month for the next six months, a marginal raise he said was necessary to avoid pushing up double-digit inflation.

That would take the minimum wage in Nigeria to 55,000 naira ($71) from 30,000 naira, although labour unions want Tinubu to reinstate the fuel subsidy and had previously demanded a minimum wage of 200,000 naira.

The Nigerian president said tax collection would be increased to improve investment in small businesses in order to boost employment, while a special investigator would soon present findings on what he called a “den of malfeasance” at the central bank.

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Video: Nigeria’s Dosunmu-Ogunbi becomes 1st-black female to bag PhD in Robotics at University of Michigan

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In this video, an inspiring Oluwami Dosunmu-Ogunbi, who is of Nigerian descent, speaks at the university’s College of Engineering convocation as she becomes the First Black Woman to bag a PhD in Robotics at the University of Michigan in the United States

Dosumu-Ogunbi, who is a daughter of Nigerian immigrants, expressed her desire to be recognized as the inaugural African American female recipient of a Robotics PhD from the University of Michigan. Furthermore, she aspires to leverage her technical expertise to enhance the well-being of people.

“I do not stand here on my own two feet alone. None of us got here by our merit alone, whether it be teacher, friends, family, mentors, or role models, we each have one or multiple people to whom we are grateful for making this moment possible,” She said.

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Video: Uganda’s Museveni urges African leaders to verify true motives behind IMF, W’Bank loans

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In this video, Ugandan President, Yoweri Museveni, urged African leaders to verify the true intentions of multilateral lending institutions towards the continent. He asked African leaders to “audit the intentions of the World Bank loans to ensure that they are for prosperity rather than profiteering”. He added: “What loans are we getting as Africa? Is the World Bank giving us loans for private sector-led growth or to be more dependent?”

“Our populations are increasing, but our economies are stunted. The International Development Association (IDA) should tell us why they are funding the modern slavery of Africans, and we should address issues like why Africa is producing what it does not consume and consuming what it does not produce”, the Ugandan leader stated.

Uganda under Museveni is known to have been in the bad books of multilateral bodies, the most recent being the fallout of his decision to accent to strong anti-LGBTQ laws which resulted in sanctions from both the World Bank, IMF and other international bodies.

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