Organised Labour proposes N615,000 as new Minimum Wage
Organised Labour has demanded N615,000 as the new minimum wage for workers to cope with the many economic realities and high cost of living in Nigeria. The President of the Nigeria Labour Congress (NLC) who confirmed the development yesterday, said the new wage of N615,000 monthly was reached after consultations between the NLC and the […]
AfDB warns rising Cost Of Living may lead to Social Unrest
The African Development Bank has raised an alarm that RISING PRICES of fuel and other commodities could lead to SOCIAL UNREST in Nigeria, Ethiopia, Angola and Kenya. The bank sounded the warning in its macroeconomic performance and outlook for 2024, in which it projected Africa’s economy to grow higher than the 3.2 per cent recorded in 2023, but projected that growth will […]
