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Minimum Wage: NLC Calls for Nationwide Strike

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By Adedapo Adesanya

The Nigeria Labour Congress (NLC) has instructed its members to prepare for a nationwide strike on October 16 following its failure to reach an agreement with the Nigerian government.

The federal government and the organised labour failed to reach an agreement over relativity and consequential adjustments for the implementation of the new N30,000 minimum wage more than six months after it was signed into law in April.

The workforce body is demanding a 29 percent salary increase for officers on salary level 07 to 14 and 24 percent adjustment for officers on salary grade level 15 to 17.

The government on its part, proposed an 11 percent salary increase for officers on grade level 07 to 14 and 6.5 percent adjustment for workers of grade level 15 to 17.

But in a circular dispatched to its state councils and signed by the General Secretary of the NLC, Emmanuel Ugboaja, the body said the preparation to down tools was in case the proposed negotiations between it and the government slated for October 15 yields no fruit.

“You will recall that a joint Communiqué was issued by the NLC, Trade Union Congress (TUC) and the Joint National Public Service Negotiating Committee (JNPSNC) stating that two weeks from the date of the said communiqué, industrial harmony could not be guaranteed in the country should an agreement not be reached with the Federal Government on the Consequential Adjustment of Salaries as a result of the New National Minimum Wage of N30,000,” the circular said.

“You are hereby directed to coordinate preparations with TUC and JNPSNC in your States for necessary industrial action should the time expire without an agreement as contained in the circular,” it added.

However, in an interview with journalists in Lagos on Sunday, the Ekiti State governor, Mr Kayode Fayemi said that any strike by workers would be an exercise in futility.

Fayemi, who is also the chairman of the Nigeria Governors Forum (NGF) made an appeal to the workers to take into consideration the country’s economic situation before embarking on industrial action.

He said, “We don’t want workers to down tools, but we made it clear during the tripartite negotiation that an increase in the National Minimum Wage is not tantamount to a general wage review.

“The fact that we moved people, who were below N30,000 to N30,000 and wherever they should be on the scale, should not automatically mean that we must increase the salaries of people on Level 17, who are on N400,000. It is a minimum wage law; it is not a general wage law.

“Yes, if you promote levels 05 or 06, they may go over what the current level 07 is earning. So, that calls for a consequential adjustment, but that adjustment should not go over levels 08 and 09.

“The Federal Government has even agreed to do nine per cent for levels 07 to 12 and five per cent for levels 13 and above, but they said no and insisted on 45 per cent.

“Where is Nigeria going to find the money? I mean the economy is in doldrums. Whether we openly admit or not, everyone knows. If you have an economy that earmarks N2.4 trillion for debt servicing, then what are we talking about?

“So, I hope good sense will prevail and that people will be able to convince labour that it is a futile effort if they do so because Nigeria cannot pay what it doesn’t have.” He added.

Adedapo Adesanya is a journalist, polymath, and connoisseur of everything art. When he is not writing, he has his nose buried in one of the many books or articles he has bookmarked or simply listening to good music with a bottle of beer or wine. He supports the greatest club in the world, Manchester United F.C.

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Shop and Pay Seamlessly on AliExpress With Your Verve Card

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Quit holding your breath, this is for real! It’s not a clickbait. Verve, Naija’s Agba and Odogwu card, understands the challenges of not having the right card to seamlessly transact across borders, all from the comfort of your home. That’s why it focuses on breaking barriers and redefining convenience for its loyal customers.

The latest in its series of groundbreaking achievements is the acceptance of Verve cards on AliExpress, one of the world’s largest online retail platforms, unlocking new possibilities for cardholders. Abeg comot for road, Verve don enter AliExpress way!

This isn’t just a win for Verve; it’s a win for millions of its cardholders who can now explore a vast array of products on AliExpress while enjoying the security and reliability they’ve come to trust in Verve. This partnership marks another giant leap in Verve’s mission to establish itself as a global payment powerhouse.

Over the years, Verve has forged strong alliances with renowned global brands such as Google, YouTube, Netflix, Amazon Prime, Facebook, Uber, Facebook, Spotify, among others, enabling Verve cardholders to make seamless payments for subscriptions in Naira.

This partnership with AliExpress further demonstrates Verve’s commitment to empowering its customers with access to seamless digital payments and world-class services to meet their evolving needs. Whether you’re looking to upgrade your tech gadgets, refresh your wardrobe, or find unique items for your home, AliExpress offers diverse possibilities, and Verve has made it easier than ever to shop and pay! 

Here’s a step-by-step guide on how to shop on AliExpress using your Verve card:

  • Sign in to your AliExpress account.
  • Select your desired items and click ‘Buy Now.’
  • Add a new card and input your Verve card details.
  • Save and confirm your details (You can also opt to save the card for future payments).

The Naija’s Agba and Odogwu card is a perfect example of the saying, ‘the light that shines farthest shines brightest at its base!’ While Verve is making waves and securing global wins, it’s also spreading joy right here at home!

Through the ongoing Verve GoodLife Promo 5.0, Verve is offering incredible rewards and benefits to its cardholders. Verve cardholders are enjoying up to 10 per cent cashback or discount for every transaction made at participating outlets, including Google, NNPC Retail, Addide, The Place Restaurants, Sweet Sensation, Chowdeck, BuyPower, and Market Square.

With Verve, the world is truly at your fingertips. From exploring global markets like AliExpress to enjoying rewards and discounts with local favourites, every swipe of your Verve card opens the door to endless possibilities. So why settle for less when you can have it all? Why stand on the sideline awwwing and shouting “God abeg, barb me this style” when you can be part of the action?

Take advantage of these incredible opportunities today. Experience the freedom to shop globally at your convenience, and unlock endless possibilities with Verve. The future is here, and with Verve, you’re already a part of it!

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BFF-Supported Startups Raise $379m, Create 6,000 Jobs

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BFF-Supported Startups

By Modupe Gbadeyanka

About 6,000 jobs have been created, with $379 million collectively raised by startups owned by entrepreneurs who have passed through the Black Founders Fund (BBF) of a tech giant, Google.

Google created the BBF initiative to empower startup owners of African origin. This programme has helped to drive innovation, job creation and business expansions because of the grants received from the sponsor of the scheme.

On Tuesday, past participants of the initiative were at iHub in Nairobi, Kenya, for the Black Founders Fund Alumni Summit, where the organisers unveiled the BFF Impact Report to highlight the significant progress and success of Black-led startups across Africa.

This annual event brought together 45-50 alumni from across the continent including Kenya, Nigeria, South Africa, and Uganda to celebrate their achievements and discuss the future of Africa’s digital economy.

The BFF Impact Report offers a comprehensive look at the remarkable impact that targeted support for Black entrepreneurs has had on the African tech ecosystem.

The report revealed that BFF-supported startups have collectively raised $379 million, created more than 6,000 jobs, and experienced 61% faster growth than their peers, underscoring the importance of strategic investment in fostering sustainable innovation.

Through non-dilutive funding, mentorship, and networking, the Black Founders Fund has empowered entrepreneurs to overcome barriers, scale their businesses, and contribute to Africa’s digital transformation. The BFF Impact Report demonstrates the pivotal role of the program in strengthening the continent’s startup ecosystem, enabling businesses to compete globally and attract significant investment.

“The Black Founders Fund is not just about financial support—it’s about creating an ecosystem of innovation, job creation, and opportunity.

“The BFF Impact Report reflects the incredible progress Black entrepreneurs have made, and how the right resources can empower them to lead Africa’s digital future. The impact we are seeing today will set the stage for an even more vibrant African tech landscape tomorrow,” the Country Director for West Africa at Google for Startups, Olumide Balogun, remarked.

“This report is a celebration of the incredible work being done by Black founders across Africa. The BFF Impact Report proves that, when we invest in these entrepreneurs, we’re not only helping individual startups, but we’re driving systemic change within the broader African tech ecosystem,” the Head of Startup Ecosystem for Africa at Google, Mr Folarin Aiyegbusi, also stated.

In addition, the Black Founders Fund Manager Europe at Google for Startups, Mariama Boumanjal, said, “The BFF Impact Report proves that with the right support, Black founders can not only overcome these challenges—they can lead the way in innovation, job creation, and economic development.”

Business Post reports that through non-dilutive funding, mentorship, and an expansive network, the BFF has empowered over 220 startups, enabling them to scale faster and break down these barriers.

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Expectations Heighten For Reactivation of Nigeria’s Other Refineries

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 By Adedapo Adesanya

After years of laying fallow, the Port Harcourt Refinery began producing and distribute petroleum products Premium Motor Spirit (PMS) or petrol, Automotive Gas Oil (AGO) or diesel and Household Kerosene (HHK) or Kerosene.

This development has raised expectations regarding Nigeria’s other three refineries not yet operational. These include the second refinery in Port Harcourt as well as the Warri and Kaduna Refinery.

The reactivation of these facilities, according to energy analysts, will help push out more supply of petroleum products, which may help cut down high prices that Nigerians pay while also making the country self-sufficient.

The newly operational refinery was built in 1965 and Port Harcourt II was added in 1989, increasing capacity by 150,000 barrels per day, making the total capacity of the Port Harcourt complex 210,000 barrels per day.

The Warri Refinery was built in in 1978 and is supposed to have an upgraded capacity up to 125,000 barrels per day and the Kaduna Refinery, which was commissioned in 1980, was designed with a capacity of 110,000 barrels per day.

Speaking during a brief ceremony to mark the commencement of products loading at the refinery on Tuesday in Port Harcourt, the Group CEO, Mr Mele Kyari described the commencement of the loadout activities as a monumental achievement for Nigeria which signifies a new era of energy independence and economic growth for the country.

The GCEO further thanked Nigerians for their patience and for the legitimate expectations on the Company to deliver on the other refineries.

Meanwhile, President Bola Tinubu on Tuesday extended his heartfelt congratulations to the NNPC on the successful revitalization of the Port Harcourt refinery and charged the NNPC Limited to expedite the scheduled reactivation of both the second Port Harcourt refinery and the Warri and Kaduna refineries.

He said these efforts will significantly enhance domestic production capacity alongside the contributions of privately-owned refineries and make our country a major energy hub, with the gas sector also enjoying unprecedented attention by the administration.

The President underscores his administration’s determination to repair the nation’s refineries, aiming to eradicate the disheartening perception of Nigeria as a major crude oil producer that lacks the ability to refine its own resources for domestic consumption.

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