Tag: N615k minimum wage
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The Hidden Side of Minimum Wage Increases in Nigeria
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Minimum Wage Increases in Nigeria bring higher labor costs for businesses, potentially leading to increased prices for goods and services, impacting the cost of living. A balanced approach is needed to ensure fair wages without causing inflation. The ongoing struggle for a higher minimum wage in Nigeria often focuses on…
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From N400 to 60k: Did Threats Silence the Labour Strike?
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Labour Strike: NLC/TUC suspends nationwide action after government offers higher minimum wage but fails to address electricity tariff hike and band classification. Threats of legal action loom. Stay tuned for updates. In the tumultuous landscape of Nigerian labor relations, the recent developments surrounding the nationwide strike initiated by the Nigeria…
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Strike Over Minimum Wage Sparks Nationwide Blackout
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Strike Over Minimum Wage: Nigerian workers embark on an indefinite nationwide strike, shutting down the national grid and essential services, demanding fair wages and reversal of electricity tariff hikes amidst economic crisis. In a bold move against economic hardships and governmental inaction, Nigerian workers have embarked on an indefinite nationwide…
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Minimum Wage Negotiation: NLC and TUC Spark Nationwide Strike for a Fair Share in the Jungle of Economic Strife
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Minimum Wage Negotiation: NLC and TUC demand fair living wages amid economic challenges. Strike called for fair wages and tariff reversal. In the face of mounting economic challenges, the Nigeria Labour Congress (NLC) and Trade Union Congress (TUC) have declared an indefinite nationwide strike, starting June 3, 2024. This decision…
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Nigeria’s Minimum Wage Tango: Labour Demands N615k, Government Offers N48k
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Negotiations for a new national minimum wage in Nigeria have hit a standstill, with the Nigeria Labour Congress (NLC) and Trade Union Congress (TUC) expressing disappointment over the government’s proposed N48,000 minimum wage, which they consider insufficient. Labour leaders, including Joe Ajaero, the NLC’s National President, have criticized the proposal…