Shutdown Imminent as Labour Rejects N27,000 Minimum Wage Approved by Council of State

The Nigeria Labour Congress (NLC) has rejected the N27,000 new minimum wage adopted by the national council of state on Tuesday. Peter Ozo-Eson, the NLC general-secretary, made this known in an interview with NAN. He said the council has no jurisdiction to determine another amount after a tripartite committee had submitted its report. “It is […]

Continue Reading

Petrol may sell above N150 per litre, while Naira Will Soon Exchange For N1,000 To A Dollar

Former and present Group Managing Directors of the Nigerian National Petroleum Corporation(NNPC) have expressed fears that the current pump price of N145 per litre is no longer feasible. They said the amount does not correspond with the price-determining components of the commodity and the fluctuations of the foreign exchange rate. They stated this after a […]

Continue Reading