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Minimum Wage: Labour Threatens Strike Over Delay in Implementation

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Ayuba Wabba
  • Minimum Wage: Labour Threatens Strike Over Delay in Implementation

The Joint National Public Service Negotiating Council and the eight unions in the public service across the country on Monday said its members would embark on industrial action over what they perceived as Federal Government’s persistent effort to derail the implementation of the new national minimum wage of N30,000.

In statement signed by the Acting Chairman of the JNPSNC, Anchaver Solomon, and the Secretary, Alade Lawal, the council said it had begun the process of mobilising its members nationwide for a showdown with the government.

The statement read, “Operating under the aegis of the Trade Union Side of the Joint National Public Service Negotiating Council, the eight unions in the public service of the federation and 36 states have alerted Nigerians that labour may have to embark on industrial action if the current state of affairs as regards the issue of consequential adjustment arising from the new national minimum wage of N30,000.00 per month remains the same.

“Since the committee set up early this month by the government to work out the consequential adjustments arising from the new national minimum wage of N30,000.00 started to meet, government has been coming up with one strange proposal or the other, all with the intent of scuttling the implementation of the new national minimum wage signed into law by President Muhammadu Buhari on Thursday, April 18, 2019. As things are right now, the government’s side is only prepared to pay peanuts to workers as adjustment under the pretext that it will soon be undertaking general salary review in the public service.”

The statement added, “Labour leaders had initially proposed that since the minimum wage was increased by 66.66 per cent, i.e. from N18,000.000 to N30,000.00, salaries for officers on grade levels 01-17 should be adjusted accordingly to maintain the relativity that exists in the salary structure in the public service.

“But when the government side argued that such increase across board would raise the total wage bill too high, the Trade Union side reviewed its demand downward and eventually settled for 30 per cent for officers on grade levels 07-14 and 25 per cent for those on grade levels 15-17. The government side on its part was insisting on 9.5 per cent salary raise for employees on grade levels 07-14 and five per cent for those on grade levels 15-17.

“We received a rude shock at the last meeting of the technical committee when the government side began to hold on to a non-existent position that the technical committee’s terms of reference was to base its assignment in respect of salary adjustment on what was provided for the subject in the 2019 budget. This is very incorrect and unfortunate.”

The workers also accused politicians of frustrating their efforts to receive an improved pay package, saying the only way to avoid possible nationwide strike was for government to be sincere and open in its negotiation.

“This is why the eight trade unions in the public service have resolved that enough is enough and that if the FG fails to caution its officials and direct them to negotiate openly, millions of workers at the federal and 36 states will have no other alternative but to take some necessary trade union actions to seek redress.”

CEO/Founder Investors King Ltd, a foreign exchange research analyst, contributing author on New York-based Talk Markets and Investing.com, with over a decade experience in the global financial markets.

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Experts to Provide Insights on Tech & Digital Transformation at MSME Dialogue 3.0

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msme dialogue - investorsking.com

The third edition of MSME Dialogue will take place on Saturday, April 24, 2021 at 10am (WAT). Experts at the virtual event will provide insights while discussing the theme: Powering MSMEs with Technology and Digital Transformation.

The event, which is organized by MSME Africa, is expected to have owners and managers of Micro, Small and Medium Enterprises, Entrepreneurs and Business owners from different sector in attendance.

MSME Dialogue which holds every quarter, seeks to address, burning and relevant  issues about entrepreneurship and running a small business as well as proffering solutions to those issues.

The event aims to provide the right knowledge and know-how for MSMEs, Entrepreneurs, and Startups to enable them to grow and thrive and features subject matter experts, seasoned entrepreneurs, professionals, and players within the MSME Ecosystem.

The speakers expected at the event are: Akeem Lawal, Divisional CEO, Interswitch Group, Rex Mafiana: CEO, FPG Technologies, Fatma Nasujo, Global Head of Operational Excellence at Sokowatch, Kenya, David Lanre Messan, CEO, FirstFounders, Bisoye Coker, CEO/Co-founder, Kiakia FX. The session will be moderated by Solape Akinpelu: CEO/Founder, HerVest.

According to the convener of the event who is also the founder of MSME Africa, Seye Olurotimi “Every business owner who is serious with their business would agree with me that technology and digital transformation are important factors for business growth and success. We all can’t all run or won Tech startups but we can always drive our businesses and operations with Technology and Digital Tools”

“Tech-driven Businesses are making waves and turning in almost unbelievable results against all odds. Businesses who have embraced technology, automation and digital transformation are enjoying unquantifiable advantages. It is because of this that I am calling on business owners and managers to join us at the 3rd Edition of MSME Dialogue, on Saturday April 24, 2021 at 10am ( WAT), as we bring in experts to provide insights on this theme” Olurotimi added.

MSME Africa is a multi-faceted resource platform for Micro, Small, and Medium Enterprises (MSME) in Africa providing capacity development, news, opportunities, business articles and other resources for MSMEs, entrepreneurs, and startups.

Olurotimi said the platform was poised to build the biggest network and community of MSMEs in Africa in the nearest future.

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Ericsson Launches Automation Hub in Nigeria

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Ericsson

Ericsson announces plans to create an Automation Hub in Nigeria to support operators for improved consumer experience.

Ericsson Automation Hub is an open innovation platform, inspired by lean startup methodology in which the Ericsson team works in close dialog with customers, users and partners to showcase and reach the high potential that network automation allows in configuration, provisioning, assurance and orchestration of network services.

This will enable service providers to gain the ability in their environments to govern, manage and orchestrate hybrid networks holistically and in real time and as a result, offer an enhanced consumer experience.

Fields to be covered include but not limited to 5G and Internet of Things (IoT) use cases, Network Slicing and Orchestration, Hologram Calls, Complex Standalone, Business Support System (BSS) and Operations Support System (OSS), Cloud and Core product cases, Automated Acceptance Tests demonstration and enhancements as well as complex charging scenarios for 5G and 4G networks.

Lucky La Riccia, Vice President and Head of Digital Services at Ericsson Middle East and Africa at Ericsson says: “As Industry 4.0 accelerates in Africa, automation in operations is proven to boost customer experiences. Ericsson continues to support the telecom industry players in setting #AfricaInMotion, and with the Ericsson Automation Hub in Nigeria, we will focus on driving business outcomes for our partners in Africa as they aim to leverage digital transformation to turn complexities into opportunities while offering a greater experience and value to consumers.”

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Chevron To Invest In The Offshore Wind Sector

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Chevron

Chevron’s venture capital arm and Moreld Ocean Wind have agreed to invest in Ocergy Inc.’s development and commercialization of floating offshore wind turbines.

The investment by Chevron Technology Ventures is it’s first in offshore wind. The size of the investments wasn’t disclosed. Floating turbines would be useful in ocean areas that are too deep for fixed turbines.

A senior analyst at Wood Mackenzie Ltd, Anthony Logan said: “To my knowledge, this is the first investment by a U.S. oil major in offshore wind”

Logan said, floating wind turbines will become important as the U.S. electrical grid increasingly depends on offshore wind power.

“If you can get into those deeper waters, chances are you can build a system of offshore wind production that isn’t vulnerable to low wind or no-wind events.”

The investment will also fund the development of an environmental monitoring buoy that will gather data and support biodiversity, Ocergy said in a news release Tuesday. The company has previously invested in onshore wind. Moreld is owned by HitecVision, a private equity investor that specializes in European renewable energy.

Chevron’s deal with Ocergy doesn’t mark a strategic pivot to renewable energy, but part of a $300 million-a-year plan to invest in early-stage technologies that may play a future role in the energy transition. The company is unwilling to erode returns by investing aggressively in an unfamiliar business where it doesn’t have a competitive advantage and sees oil and gas as its core products for years to come.

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