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Flutterwave Expands Employee Base by 38%

Flutterwave, Africa’s leading payments technology company, hired 200 trainees, thereby expanding its employee base by 38%.

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In its recently completed recruitment process for its inaugural graduate trainee program, Flutterwave, Africa’s leading payments technology company, hired 200 trainees, thereby expanding its employee base by 38%.

In July, the fintech company announced vacancies for its graduate trainee program. Interested young graduates across Nigeria had the opportunity to apply for different positions in the company. The registration process lasted for 15 days with the company receiving 11,000 applications.

However, only 200 successful applicants were selected. In a note published on the company’s website, the program was introduced to support young Nigerian graduates by sharpening and honing their technical skills, soft skills, working them through the company’s problems and encouraging them to proffer solutions to them.

The program is the first project launched under the reappointed Chief of People and Culture Officer (CPO), Mansi Babyloni.

Mansi Babyloni worked as the Global Head of People Strategy and Special Projects, Flutterwave in 2020 before she left for an opportunity at Price Waterhouse Coopers in London, UK.

She rejoined Flutterwave as the CPO and will be focusing on investing in people, culture and devising ways to drive growth for the organization.

Speaking about the new training program, CPO  said,I’m thrilled to be back at Flutterwave as the Chief People Officer. This role offers me the opportunity to invest in the talent, develop our people and make us the best employer out there – things I am deeply passionate about. My work starts with the Flutterwave Graduate Trainee Program which has been a passion project of the People and Culture Team for a long time and we are delighted that it is now a reality. 

“The program aims to teach our graduate trainees highly transferable skills via an on the job training methodology, skills that will set them up for success for the entirety of their careers. Flutterwave is what it is because of the talent, passion and innovation of a driven squad. We believe supporting the next generation of young talent to realize their potential is the most important way that we can give back to the community.

“This program is critically important to supporting our strategic growth needs, as we continue to expand across markets and geographies. As a global company, we’re looking forward to how this program can grow across other countries.”

Also, commenting on the program was Olugbenga GB Agboola, Founder and CEO of Flutterwave. He said, “The graduate trainee program is a key part of our continued efforts to support young talent and help them kick start their career. Over the years, we’ve been thinking about developing a program that serves as a pipeline for talent from the University to the workforce.

“We’re happy that Mansi and the entire People and Culture team at Flutterwave have made this a reality. Because of this project, 200 people will have an opportunity to break into their careers and get started on the path towards achieving their dreams. We’re elated that Mansi is back and pushing impactful projects in her first month with us.”

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Kaduna Workers To Start Earning N72,000 Minimum Wage November, Bayelsa Gov Budgets N689.4bn For 2025

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Workers in the employment of the Kaduna State Government will start earning the sum of N72,000 as minimum wage from November, this year.

This came as Governor Uba Sani approved the new minimum wage of N72,00 and promised continued prioritisation of civil servants’ welfare.

Sani, in a statement released by his Chief Press Secretary, Ibraheem Musa on Thursday, the decision is in conformity with his lifelong commitment to promoting and protecting workers’ rights.

The governor also promised to improve the living conditions of the poor, vulnerable and underserved in Kaduna.

He also revealed his plan to launch a free transportation scheme for civil servants with the release of 100 CNG buses.

Sani said the free transportation scheme, which included the release of 100 CNG buses, is designed to alleviate the suffering of workers and enhance their productivity.

The governor noted that the buses would convey civil servants to and from work, providing relief from transportation costs while noting that a Joint Management Committee consisting of representatives of organized labour (NLC and TUC) and the State Government will be set up to manage the Free Transportation Scheme for civil servants.

In another development, the Bayelsa State Governor, Douye Diri, on Thursday presented a 2025 budget of N689.4 billion, titled the “Budget of Assures Prosperity,” to the State House of Assembly.

He pointed out his administration’s goals for enhanced socio-economic and infrastructure development.

Emphasising on building on the gains and lessons from his first term in office, Diri reiterated his government’s desire to advance the state’s socio-economic and infrastructural landscape.

He said his new mantra, the ‘ASSURED Agenda,’ which outlines seven strategic pillars to drive economic growth, social development, infrastructure improvement, environmental sustainability, cultural preservation, and good governance, would be funded through various streams, including an opening balance of N14.2 billion, statutory allocations of N17 billion, VAT estimated at N57 billion, and 13% derivation and refunds amounting to N138.8 billion.

In addition, the governor revealed that the state expects N29.1 billion from excess crude refunds, N103.1 billion from exchange gains, N39 billion from internally generated revenue, N39.4 billion in grants, and N141.4 billion from capital receipts, including electronic money transfers, signature bonuses, cash calls, and loans.

Diri detailed that personnel costs would take N108.34 billion, accounting for 13.3% of total spending, with N91.96 billion for salaries, N19.3 billion for pensions and gratuities, and N3.34 billion for CRFC transfers.

He noted that overheads would consume N79.66 billion, representing 11.55% of the budget, while the total recurrent expenditure stood at N263.38 billion, or 38.2%.

According to him, this category covers grants, contributions, subsidies (N9.15 billion), a 10% SUBEB contribution (N2.5 billion), rural development authorities (N4.5 billion), and public debt servicing (N52.95 billion).

Capital expenditure is set at N404.76 billion, with a planning reserve of N21.3 billion, bringing total capital allocation to N426.07 billion or 61.8% of the budget.

Providing a sector-by-sector breakdown, Diri revealed that N178.76 billion is earmarked for Works and Infrastructure, while Education will receive N35.85 billion. Other allocations include Urban and Housing Development (N13.68 billion), Energy and Power (N14.45 billion), Agriculture (N16.65 billion), Security (N19 billion), Healthcare (N19.19 billion), and Community Development (N10.2 billion).

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Jigawa Governor Announces ₦70,000 Minimum Wage Amid Mourning of Tanker Explosion Tragedy

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Days after a petrol tanker explosion claimed the lives of about 200 residents in Jigawa State, the state governor, Umar Namadi has announced a new minimum wage of ₦70,000 for civil servants in the state.

The latest development was made known during the submission of a report from the state’s minimum wage committee at the Government House in Dutse.

The committee said the report considered several critical factors, including the current inflation rates and the necessity to maintain a motivated and efficient workforce amidst economic uncertainties.

After reviewing the report, Governor Namadi announced the new minimum wage and also reaffirmed his administration’s commitment to improving the welfare of the state’s workforce.

“We are resolved to pay our workers ₦70,000 as the new minimum wage,” he stated during the announcement.

The governor explained that the increment aims to alleviate the financial challenges faced by civil servants and is reflective of the economic and fiscal capabilities of the state.

He assured workers of a swift implementation of the new wage.

This latest development comes days after a petrol tanker exploded in the state leaving about 200 people dead and many injured.

On Tuesday while briefing President Bola Tinubu on the incident at the State House, Abuja, Namadi disclosed that 181 people died and 210 families were affected in the tanker explosion.

The tanker, laden with petrol exploded at Majiya town, along the Kano-Hadejia expressway in Taura LGA of Jigawa state.

The governor told the president that 80 people were hospitalised due to the incident, adding that the state government has paid their bills.

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Akwa Ibom Governor Approves N80,000 Minimum Wage For Workers

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Governor Umo Eno of Akwa Ibom has validated a new minimum wage package of N80,000 for workers in the employment of the state government.

Eno has joined other states including Lagos, Edo, Rivers among others who had taken steps to pay their employees the new minimum wage.

Investors King had reported that the Federal Government and the Nigeria Labour Union had signed a Memorandum of Understanding for N70,000 as least amount to be earned by Nigerian workers, especially those employed by civil authorities.

Some other states including Osun, Oyo, Zamfara among others have not announced the amounts they would be paying their workers.

Making the approval of the N80,000 minimum wage known on Wednesday, Governor Eno also constituted an implementation committee for the smooth kick-off of the new wage regime with the Head of the Civil Service (HoCS), Elder Effiong Essien, as Chairman.

According to the governor, the committee has one month ultimatum to deliver its report on the wage increase harmonisation.

The Commissioner for Information of Akwa Ibom, Comrade Ini Ememobong, while addressing newsmen, listed other members of the committee to include the Chairman, Local Government Service Commission (LGSC) and Permanent Secretaries in the Ministries of Finance and Department of Establishments.

Others are the Permanent Secretary, Ministry of Labour and Manpower Planning; Permanent Secretary/Solicitor General, Ministry of Justice; Permanent Secretary/Accountant General; Permanent Secretary, Local Government Service Commission (LGSC); Permanent Secretary, Office of the Head of Civil Service; Director of Budget and the State Chairman, Joint Public Service Negotiating Council.

The list also has the Secretary, Joint Public Sector Negotiating Council; State Chairperson, Nigeria Labour Congress (NLC); State Chairman, Trade Union Congress (TUC) and the State President, Nigeria Union of Local Government Employees (NULGE) as members.

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