Skip to content
October 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

Troops rescue kidnapped victim, recover N10m ransom in Kano
  • National News

Troops rescue kidnapped victim, recover N10m ransom in Kano

October 17, 2026
NGO investigates rise in aggressive breast cancer among women in Northeast infertility
  • National News

NGO investigates rise in aggressive breast cancer among women in Northeast

October 17, 2026
WORLD SINGING DAY: Peter Obi Media celebrates Obi-Kwankwaso singers worldwide  Kwankwaso and Peter Obi
  • National News

WORLD SINGING DAY: Peter Obi Media celebrates Obi-Kwankwaso singers worldwide 

October 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

LWC Serves Just 1% of Lagos Population Amid Severe Supply-Demand Deficit
  • metro

LWC Serves Just 1% of Lagos Population Amid Severe Supply-Demand Deficit

October 18, 2026
NDLEA intercepts Saudi-bound drug consignment hidden in palm oil keg; nabs 85-year-old grandma in Edo
  • Crime and Justice

NDLEA intercepts Saudi-bound drug consignment hidden in palm oil keg; nabs 85-year-old grandma in Edo

October 18, 2026
Akpabio at IPU: Now, the world heeds Nigeria’s voice, by Ken Ugbechie 
  • Commentaries

Akpabio at IPU: Now, the world heeds Nigeria’s voice, by Ken Ugbechie 

October 18, 2026
REVEALED! Ogun 2027: I Never Purchased Governorship Nomination Form, Says Alleged PDP Aspirant
  • Politics

REVEALED! Ogun 2027: I Never Purchased Governorship Nomination Form, Says Alleged PDP Aspirant

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