Skip to content
July 18, 2026
  • Home
  • About us
  • Contact us
  • Newsletter
  • Privacy Policy
Political Economist

Political Economist

A liberal News reporting Politics, Sports, Business, Commentaries

  • Home
  • National News
    • Metro News
      • metro
    • Society
    • Crime and Justice
  • Special Reports
    • Investigation
    • Features
    • Interviews
  • Opinion
    • Commentaries
    • Perspectives
  • Press Releases
  • International News
  • Business & Economy
  • Politics
Watch Online
  • Home
  • National News
  • Minimum wage: If FG doesn’t do the needful then we can no longer guarantee industrial peace -TUC
  • National News

Minimum wage: If FG doesn’t do the needful then we can no longer guarantee industrial peace -TUC

Admin May 30, 2024

TUC logo

May 30, 2024

The Trade Union Congress (TUC) on Wednesday said that it’s  May 31 ultimatum still subsists, but if the government refuses to do the needful, then it can no longer guarantee industrial peace.

Speaking during Channels TV’s special programme during a review of one year of President Bola Tinubu’s administration, TUC President, Festus Osifo, said Nigerian workers were suffering.

He however noted that it may shift ground from its N494,000 minimum wage demand from the Federal Government.

The Organised Labour also moved its stance from ₦497,000 stance last week to ₦494,000.

“We reduced from N497,000 to N494,000 but are we going to dwell and stay there? The answer is no. It is a negotiation and a give-and-take.

‘Unserious Govt’
The Federal Government on Tuesday added a sum of N3,000 to its initially proposed N57,000 minimum wage, making it N60,000.

However, the organised labour insisted on N494,000, removing N3,000 from its earlier N497,000 demand.

During the show, the TUC President described the Federal Government as being unserious with its treatment of workers.

“The onus is for the government to conclude the conversations and be much more serious, they are very unserious today because putting N60,000 on the table shows the smacks of unseriousness.

“If this conversation was taking place when fuel subsidy was still there if the conversation was taking place in a single-digit economy, it would have been a bit different,” he stated.

  • Facebook
  • Share on X
  • LinkedIn
  • WhatsApp
  • Email
  • Copy Link
Tags: Festus Osifo TUC

Post navigation

Previous NNPC Report Shows Port Harcourt Refinery Will Produce Petrol By September – Minister
Next ₦17.8b Debt: Court Authorises GTBank To Seize Assets Belonging To Afex

Related Stories

Court dismisses Bayelsa traditional ruler’s suit against SPDC FG vs ASUU
  • National News

Court dismisses Bayelsa traditional ruler’s suit against SPDC

July 17, 2026
LUTH awards research grants to 3 resident doctors treatment
  • National News

LUTH awards research grants to 3 resident doctors

July 17, 2026
Beyond 230 Million: FG Urges Local Pharma Manufacturers to Target West African Market via AMA Pact
  • National News

Beyond 230 Million: FG Urges Local Pharma Manufacturers to Target West African Market via AMA Pact

July 17, 2026
logo

Political Economist is a liberal news magazine with global affiliations.

At Political Economist, we promote free enterprise and act as a catalyst for the growth of knowledge economy. We are proudly pan-Nigeria yet richly spiced with African and global news. We offer a fair and balanced news reportage presented by our team of well-heeled professional journalists. <

About us

  • 5 Olutosin Ajayi Street, By CPM Church, Ajao Estate, Lagos State, Nigeria
  • +234 805 680 1124
  • info@politicaleconomistng.com

Follow

Subscribe to notifications

You may have missed

Oborevwori unveils digital advertising platform to boost Delta revenue
  • Business & Economy

Oborevwori unveils digital advertising platform to boost Delta revenue

July 18, 2026
Court sentences two to death for rape, murder of 17-yr-old Pastor jailed for rape
  • Crime and Justice

Court sentences two to death for rape, murder of 17-yr-old

July 18, 2026
Teacher flogs 12-year-old student to death, police launch manhunt Police
  • Crime and Justice

Teacher flogs 12-year-old student to death, police launch manhunt

July 18, 2026
₦941.9m IPPIS payroll scam: Court orders final forfeiture of money recovered by ICPC from 909 accounts in 14 banks
  • Crime and Justice

₦941.9m IPPIS payroll scam: Court orders final forfeiture of money recovered by ICPC from 909 accounts in 14 banks

July 18, 2026
  • Home
  • About us
  • Contact us
  • Newsletter
  • Privacy Policy
Copyright © All rights reserved. | DarkNews by AF themes.