Close Menu
PARADIGM NEWS
    Facebook X (Twitter) Instagram
    • Home
    • Privacy Policy
    Facebook X (Twitter) WhatsApp Telegram
    PARADIGM NEWS
    • Home
    • Features

      I’ll dress elegantly for a week, lady vows as Kano women storm markets

      March 29, 2025

      Dr. Abdullahi Umar Ganduje’s Legacy of Progress and Excellence

      December 25, 2024

      The rise and fall of Faruk Lawan: A lesson in power and intrigues

      December 17, 2024

      Will The Axing of Zakirai Make Education Great In Kano

      December 17, 2024

      Harmattan Brings Boom to Tea, Noodle, Bean Cake Sellers in Kano

      December 15, 2024
    • News
      1. Local
      2. National
      3. International
      4. View All

      Philanthropist Donates 600 Bags of Maize To Insurgency Victims

      June 27, 2025

      Kazaure NDLEA Holds Road Show to Combat Drug Abuse Illicit, Trafficking

      June 26, 2025

      MfLGCA, PACE Partner for Grassroots Governance Reforms

      June 23, 2025

      Two Men Suffocate in Kano Pit Latrine

      June 23, 2025

      President Tinubu Embarks on Diplomatic Visit to Saint Lucia, Brazil

      June 28, 2025

      Efficient Civil Service Key to National Development – Alake

      June 25, 2025

      Serve the Nation as Unto God -HCSF Urges Civil Servants

      June 23, 2025

      Tinubu Hails Kaduna’s Development Efforts, Pledges More Support

      June 20, 2025

      Brussels: Nigeria’s Digital Blueprint Takes Global Stage at IGF

      June 27, 2025

      Nigeria, S/Arabia Sign Agreement to Tackle Smuggling, Boost Trade

      June 27, 2025

      Nigeria Showcases Bold Health Reforms at BRICS, Pledges $200M

      June 19, 2025

      KSrelief to Tackle Nigeria’s Water Shortage with 78 Solar Boreholes

      June 19, 2025

      Jigawa Renames Ministry, Approves N19.6B for 560 Mass Housing

      June 27, 2025

      KNSG Declares Thursday, Work-Free Day to Mark Islamic New Year

      June 25, 2025

      Gov. Yusuf Vows to Empower Media Practitioners in Kano

      June 25, 2025

      Gov Yusuf Condemns Killing of Two Kano Indigenes in Makurdi

      June 24, 2025
    • Politics

      “Kwankwaso Remains Our Focus” – Jigawa NNPP Leader

      June 28, 2025

      Breaking: APC National Chairman Abdullahi Ganduje Resigns

      June 27, 2025

      Rivers: Tinubu Brokers Peace in Closed-Door Abuja Meeting

      June 27, 2025

      Radda Dismisses VP Ambition Rumors, Reaffirms Commitment to Katsina

      June 27, 2025

      Jigawa PDP Moves to Join ADA , Inaugurates 27 LG Committees

      June 27, 2025
    • Conflict

      Kadpoly Retiree faults Committee, Demolition Of Property

      March 27, 2025

      President Tinubu Declares State of Emergency in Rivers State

      March 18, 2025

      El-Rufai Defends Najaatu Muhammad Against Ribadus Denials

      February 5, 2025

      Tinubu’s Corruption Saga: Najaatu-Ribadu Feud Takes Center Stage

      February 5, 2025

      Kano Inaugurates Committee to Investigate Rimin Zakara Dispute

      February 3, 2025
    • More
      • Analysis
      • Business
      • Crime
      • Cultural events
      • Economy
      • Education
      • Editorial
      • Entertainment
      • Environment
      • Fashion
      • Health
      • Lifestyle
      • Personality profile
      • Science
      • Sports
      • Technology
    • Hausa

      Tinubu Ya Nada Ismael Shugaban Shirin Makamashi na CNG

      June 28, 2025

      Gwamnan Kano ya Bada Umarnin Farfaɗo da Makarantar Faransanci da Sinanci

      June 25, 2025

      Yar kunar Bakin Wake ta Hallaka Mutane 24 a Jihar Borno

      June 21, 2025

      Sabuwar Daraktar Harkokin Ma’aikata Ta Gwarzo Ta Kama Aiki

      June 20, 2025

      Kano Ta Kaddamar da Shirin Dasa Itatuwa Don Yaki da Hamada

      June 18, 2025
    Subscribe
    PARADIGM NEWS
    National

    N494000 Mini. Wage Demand Would Destabilize The Economy–FG

    EditorBy EditorJune 2, 2024Updated:August 8, 2024No Comments2 Mins Read
    Facebook Twitter Telegram WhatsApp

    The Minister of Information and National Orientation, Mohammed Idris, has said the sum of N494,000 national minimum wage being demanded by organized labour, which cumulatively amounts to the sum of N9.5 trillion bill, is capable of destabilizing the economy and jeopardizing the welfare of over 200 million Nigerians.

    Idris stated this at a news conference in Abuja in response to the threat by the organized labor to embark on strike if their demands were not met.

    READ MORE: Breaking News:Tinubu Approves N70,000 New Minimum Wage

    Ad 4

    He said the offer of N60,000 minimum wage by the Federal Government, which translates to a 100% increase on the existing minimum wage of 2019, has been accepted by the organized private sector, which is a member of the tripartite committee of the negotiations team.

    “The Federal Government’s New Minimum Wage proposal amounts to a 100% increase on the existing minimum wage 2019. Labour, however, wanted N494,000, which would increase by 1,547% on the existing wage.

    “The sum of N494,000 national minimum wage which Labour is seeking would cumulatively amount to the sum N9.5 trillion bill to the Federal Government of Nigeria.

    Ad 3

    “Nigerians need to understand that whereas the FG is desirous of ample remuneration for Nigerian workers, what is most critical is that President Bola Ahmed Tinubu will not encourage any action that could lead to massive job loss, especially in the private sector, who may not be able to pay the wage demanded by the Organised Labour,”

    The Minister said even though Labour is keen on the take-home pay of about 1.2 million workers, the Federal Government is concerned with the welfare of over 200 million Nigerians based on its Guiding Principle of Affordability, Sustainability, and the overall health of the nation’s economy.

    Idris appealed to the Organised Labour to return to the negotiating table and embrace reasonable and realistic wages for their members.

    He said becausee of the commitment of the Tinubu administration to the welfare of workers, the wage award of 35,000 for Federal workers would continue until a new national minimum wage is introduced.

     

    Share. Facebook Twitter LinkedIn Telegram WhatsApp

    Related Posts

    President Tinubu Embarks on Diplomatic Visit to Saint Lucia, Brazil

    June 28, 2025

    Efficient Civil Service Key to National Development – Alake

    June 25, 2025

    Serve the Nation as Unto God -HCSF Urges Civil Servants

    June 23, 2025

    Tinubu Hails Kaduna’s Development Efforts, Pledges More Support

    June 20, 2025
    Add A Comment
    Leave A Reply Cancel Reply

    Editors Picks

    Tswako Foundation Hosts Tennis Clinic for Under-16 Athletes

    June 29, 2025

    Kaduna Clinches Victory at Northwest Veterans Tournament

    June 29, 2025

    “Kwankwaso Remains Our Focus” – Jigawa NNPP Leader

    June 28, 2025

    MoH KanSLAM LISDEL Develop Framework for MNCH

    June 28, 2025
    Hajaj Albait 2
    © 2025 PARADIGM NEWS
    • Home
    • Privacy Policy

    Type above and press Enter to search. Press Esc to cancel.