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September 20, 2024 Tinubu Urges Peace and Civility in Upcoming Edo State Governorship Elections

Tinubu Urges Peace and Civility in Upcoming Edo State Governorship Elections

President Bola Ahmed Tinubu has urged all stakeholders in the upcoming Edo State governorship elections to conduct themselves peacefully and respectfully. The election is set for Saturday, September 21, 2024.

In a statement released by the Special Adviser to the President on Information and Strategy, Bayo Onanuga, Tinubu called on candidates, political parties, and supporters to uphold the democratic process and respect the will of the people.

“He believes in the voters’ ability to make informed decisions about their future leaders. President Tinubu emphasizes that democracy thrives on civility, tolerance, patience, and respect for the rules of the game,” the statement read.

The president acknowledged the Independent National Electoral Commission’s (INEC) commitment to holding a free and fair election and urged everyone involved to ensure a peaceful and successful process. He praised the candidates and parties for focusing their campaigns on key issues such as economic growth, improving livelihoods, and contributing to national development.

Tinubu encouraged Edo State citizens to remain peaceful and respectful throughout the voting process and to resolve any disputes through appropriate channels. He also expressed confidence in the professionalism and integrity of security agencies and INEC officials, urging them to remain impartial and protect the integrity of the election.

September 20, 2024 N70,000 Minimum Wage: Tinubu Used Fuel Prices to Betray Workers – NLC

N70,000 Minimum Wage: Tinubu Used Fuel Prices to Betray Workers – NLC

The Nigeria Labour Congress (NLC) has accused President Bola Tinubu of betraying organised labour by using petrol prices as leverage in negotiations. NLC President Joe Ajaero revealed that during discussions on the proposed N70,000 minimum wage, Tinubu offered the option of not raising petrol prices if the wage was accepted. Alternatively, he suggested a N250,000 wage with a fuel price hike, which labour rejected due to the burden it would place on Nigerians.

Ajaero emphasized that the high petrol prices have diminished the benefits of the minimum wage and urged the government to address pressing issues like poverty and hunger. He also criticized attempts to distract the labour movement with baseless allegations of cybercrime and terrorism.

September 20, 2024 Tinubu Vows Strong Financial System as Coca-Cola Unveils $1 Billion Investment in Nigeria

Tinubu Vows Strong Financial System as Coca-Cola Unveils $1 Billion Investment in Nigeria

President Bola Tinubu reaffirmed his commitment to establishing a strong financial system and a business-friendly environment to attract more foreign investments. He made this pledge during a meeting with Coca-Cola’s global leadership, where the company announced plans to invest $1 billion in Nigeria over the next five years.

Tinubu praised Coca-Cola for its long-standing partnership with Nigeria, which employs over 3,000 people, and emphasized his administration’s focus on making it easier for businesses to invest and repatriate profits. He also highlighted private sector partnerships as crucial to his government’s reforms aimed at improving the business climate.

Coca-Cola’s CFO, John Murphy, highlighted the company’s annual revenue of ₦320 billion and its ₦90 billion contribution to Nigeria’s government, while CEO Zoran Bogdanovic stated that Nigeria’s potential and the government's policies had encouraged Coca-Cola to commit to this new investment.

RELATED: Coca-Cola to Drive Economic Growth with $1 Billion Investment in Nigeria

September 19, 2024 Private Employers Paying Below ₦70,000 Risk Imprisonment – FG

Private Employers Paying Below ₦70,000 Risk Imprisonment – FG

The Federal Government has urged private sector recruitment agencies to comply with the ₦70,000 minimum wage requirement, warning that non-compliance will not be tolerated. The FG emphasized that this wage adjustment is necessary to reflect the current economic realities and affirmed that no Nigerian worker, whether in the public or private sector, should be paid below this threshold.

Alhaji Ismaila Abubakar, the Permanent Secretary of the Federal Ministry of Labour and Employment, made this statement during the 13th Annual General Meeting of the Employers Association for Private Employment Agencies of Nigeria (EAPEAN) in Ikeja, Lagos. Represented by the ministry's Director of Employment and Wages, John Nyamali, Abubakar stated, "The minimum wage is now enshrined in law, and any employer paying less than ₦70,000 is committing a punishable offense."

He urged private employment agencies to ensure that any contracts with their clients reflect the minimum wage requirement, stressing that workers should receive at least ₦70,000 after deductions. He added, "Failure to comply with the law on the minimum wage can result in imprisonment, and the Federal Government is committed to enforcing this."

EAPEAN President, Dr. Olufemi Ogunlowo, called on the government and the Nigeria Labour Congress (NLC) to clarify whether the ₦70,000 minimum wage is based on net or gross income, urging that any ambiguities in the policy be addressed. He reassured that EAPEAN is committed to providing decent jobs and preventing exploitation of workers.

"We are a law-abiding organization and are dedicated to implementing the minimum wage," Ogunlowo said. "However, the government must specify whether the ₦70,000 is net or gross, and the NLC should resolve these ambiguities."

During the event, Funmilayo Sessi, Chairperson of the Lagos State NLC, noted that the economic hardship in Nigeria has significantly reduced the value of workers' earnings, making the ₦70,000 wage crucial. She called on private employers to ensure the immediate implementation of the new wage once consequential adjustments are finalized.

"The N70,000 is insufficient given the current economic situation," Sessi remarked. "Once adjustments are made, private employment agencies must comply with the new minimum wage. The NLC in Lagos will enforce this strictly, and EAPEAN should avoid any confrontation over it."

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