Daily Newspaper Review: Top Stories From Nigerian Front Pages | Wednesday, June 5, 2024

Daily Newspaper Review: Top Stories From Nigerian Front Pages | Wednesday, June 5, 2024

The PUNCH: Organized Labour is likely to agree to a N100,000 minimum wage as the Tripartite Committee on National Minimum Wage begins daily meetings to reach a consensus over the next five days. Sources within the labour movement revealed to The PUNCH on Tuesday that union leaders are prepared to revise their demand from N494,000 to N100,000 after their initial proposal was criticized as unrealistic and excessive………..CONTINUE READING

VANGUARD: President Bola Tinubu has directed the Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, to calculate the financial implications of a new minimum wage and to present a figure that is both affordable and sustainable by today.

The Nation: The House of Representatives has warned organized Labour against disseminating information about the earnings of National Assembly members to the public. The House cautioned that such actions could incite public anger towards lawmakers and damage the credibility of the legislative body.

Daily Trust: Organized Labour has declared it will reject any minimal increase to the previously proposed N60,000 new minimum wage by the federal government. Labour leaders and the federal government had initially agreed on a new minimum wage above N60,000 during their meeting on Monday.

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