The federal government has attributed delay in the implementation of the “consequential adjustment” of the N30,000 new minimum wage to the unrealistic demands of labour unions.
The chairman of National Salaries, Income and Wages Commission, Richard Egbule, made this known in an interview with the News Agency of Nigeria (NAN) in Abuja on Monday, August 12.
Egbule explained that the current demand of the labour unions would raise the total wage bill too high and that was why government could not accept their proposed salary adjustments.
“Labour is asking for consequential adjustment and government in its wisdom had made budgetary provision for an adjustment of N10, 000 across board for those already earning above N30, 000 per month.
Nigeria’s monthly minimum wage earned in just 5 hours on duty in American company
“However, the unions have refused this offer, saying that because the increase in minimum wage from 18,000 to N30, 000 was 66%, therefore they want 66% increment across board.
“We told them that the minimum wage was not raised from N18,000 to N30,000 through percentage increase but as a result of consideration of economic factors including ability to pay,” he said.
He further explained how the delay came about, giving clearer details on the conflicts in the percentage adjustment.
“However, we said that if they want consequential adjustments in percentage terms, we will use a percentage that when applied will not exceed what has been provided for in the budget.
“The computation based on percentage which government had given to labour, was 9.5% from level 7 to 14 including level 1-6 of those salary structures that did not benefit from the minimum wage.
“And then five percent from level 15 to 17. Labour countered the offer and proposed 30 per cent increase for level 7 to 14 and 25% for level 15 to 17.
“One point we keep repeating is, it will be unfair that because you gave the person earning minimum wage N12, 000, you give a level 17 officer almost N100, 000 if you apply 25 percent,’’ he said.
Egbule said that at the last meeting between the Federal Government and the labour unions, the government proposed a 10% increment for level seven to 14 and a 5.5% increase for level 15 to 17.
He advised labour to come to a compromise because government had so far been magnanimous in agreeing to increase salaries without any threat of downsizing.
“Labour is currently stretching out and eating up the time that people could have used in benefiting from the adjustment because the new minimum wage was implemented since April.
“My advice is for labour to accept the terms for now and prepare to fight for the harmonization of salaries that is coming up. Harmonization of salaries will take care of this issue.
“The committee has already been formed and awaiting inauguration. I want them (labour) to know this and liberate us from this unnecessary log jam,” he said.
Egbule reiterated the commission’s commitment to giving sound advice to the government on the portion of national income that should be devoted to the payment of salaries and wages.
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I Don’t Think I Am Successful Yet – Wizkid Reveals His First Big Pay And What He Did With It
Nigerian superstar singer, Wizkid is one of the heavyweight afrobeats singers in Africa at the moment.
The starboy spoke to vanguard in a recent interview and he made revelations that really worth broadcasting.
The 29years old singer, claims he is doesn’t think he is successful yet even after all his awards, recognitions and net-worth.
He revealed he is yet to achieve what he would refer to as being successful, describing success as the number of lives one has touched in their career.
He said: “Success is making sure that every African child out there has an opportunity to actually get ahead in life. Success, for me, is touching people’s lives.”
“There are a whole lot of things happening around the world. There’s poverty around the world. I will definitely like to do more. I don’t think I am successful yet, to be frank.”
Asked about the first big money he made as an artiste, he said: “ the first money I ever collected was N250,000; I was so excited, I told my partner at that time; ‘Bro, we started this music hustle with nothing, now we are able to make N250,000.”
“If we are able to really make this kind of money, I think we can touch a million US Dollars.”
Speaking on his assessment of the music industry, he said “ I never really thought we would make the hits we are making right now. Things have changed immensely in the last couple of years.”
The superstar stated that the biggest challenges he faces in the music industry is piracy, adding that much money is not made when their works are being pirated.
He further said “It’s not easy running a record label in this country without government funding and support. It is also okay for more corporate brands to step in and support the artistes.”
US Billionaire Jeffrey Epstein allegedly Commits Suicide in Manhattan Prison
US billionaire, 66, Jeffrey Epstein has reportedly committed suicide at the Manhattan’s Metropolitan Correctional Center where he was being held without bail after being arrested on 6th July for child sex trafficking.
According to The Independent, Epstein reportedly hung himself overnight and was found dangling by 7:30 a.m on Saturday, August 10. He was transported from jail to New York Downtown Hospital where he was found to be in cardiac arrest at the time of arrival before being confirmed dead.
Before this incident, Epstein was placed on suicide watch.
Manhattan federal prosecutors charged Epstein with sex trafficking of girls as young as 14, and details of his behaviour have been emerging for years.
The financier with opulent homes, a private jet and access to elite circles, had been dogged for decades by accusations that he had paid dozens of girls for sexual acts in Florida.
The one-time friend of Bill Clinton and Donald Trump faced a maximum sentence of 45 years in prison.