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FG, Labour Agree on Minimum Wage Adjustment

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minimum wage adjustment

By Adedapo Adesanya

After different meetings and disagreements, both the federal government and the labour union have reached a consensus on the issue of adjustment to the new minimum wage signed by President Muhammadu Buhari recently.

Business Post had reported that disagreements had risen over the adjustment of the minimum wage across board following the assent of the President to the new minimum wage law in April, this year.

The labour union was 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.

However, the federal government offered a much lower 11 percent salary increase for officers on grade level 07 to 14 and proposed a 6.5 percent adjustment for workers on grade level 15 to 17.

This was met with refusal as labour leaders argued that the percentages being offered by the government would be ineffective for workers in the light of the currency devaluation, fuel price hike, value-added tax increase and electricity tariff increase all of which occurred in recent years with the minimum wage at N18,000.

This led to the announcement of a planned nationwide strike if negotiations were not tabled in favour of both parties which led to Thursday’s lengthy meeting which lasted five hours from 8 p.m. through 3 a.m. on Friday morning and saw a working agreement to be implemented.

The minister of Labour and Productivity, Mr Chris Ngige, disclosed that the following consequential agreement were the outcome of the discussion;

“For COMESS wage structure Grade level 7 gets 23 percent, Salary grade level 8 gets 20 percent, Salary grade level 9 gets 19 percent, Salary grade level 10 to 14 gets 16 percent while Salary grade level 15 to 17 gets 14 percent.

“For those on the second category of wages structure, CONHES, CONRRISE, CONTISS, Level 7 gets 22.2 percent, Level 8 to 14 gets 16 percent, Level 15 to 17 gets 10.5 percent.

Mr Ngige stated that the military and paramilitary officers who make up the third category of the country’s wage structure were also factored in in the agreement but will remained confidential.

“Since they are not in the civil service, theirs will be communicated through the appropriate channels. Their percentages of increase are confidential,” he said, adding that he expects the adjustments to be implemented without delay.

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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Kayode Oyekanmi Replaces Sola Kosoko as LTV General Manager

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Kayode Oyekanmi LTV General Manager

By Modupe Gbadeyanka

Lagos Television (LTV 8), Alausa, Ikeja, has a new General Manager, and he is Mr Kayode Oyekanmi, replacing Mrs Sola Kosoko, who was ousted by the Lagos State government.

Mr Oyekanmi was presented with his letter of appointment on Wednesday, May 13, 2026, by the Lagos State Head of Service, Mr Bode Agoro, in a brief ceremony.

The new General Manager of the state-owned broadcast station was tasked with using his vast experience in the media space to take LTV 8 to greater heights.

Mr Agoro expressed confidence in Mr Oyekanmi’s capacity to reposition Lagos Television and wished him a successful and impactful tenure of office.

Prior to his appointment, Mr Oyekanmi served as the Director of Strategy Centre at the Lagos State Ministry of Information and Strategy, a position he has held since 2022.

A seasoned brand communications practitioner, Mr Oyekanmi has over three decades of professional experience spanning both the private and public sectors, with expertise in Advertising, Public Relations, and global export services.

He commenced his public service career as a Public Affairs Practitioner on March 1, 2000, with the Lagos State Ministry of Information and Strategy.

The new LTV boss, a Lagos State indigene from Isale Eko, Lagos Island, has received several awards in recognition of his dedication, hard work, and commitment to the journalism profession.

He holds a Master’s degree in Public Administration (MPA) from the University of Lagos and a Bachelor’s degree in English Language and Education from Lagos State University.

He is an active Member of the Nigeria Union of Journalists (NUJ) and the Nigerian Institute of Public Relations (NIPR).

In addition, he is a voracious reader and a passionate lawn tennis player, and currently serves as the Charter President of the Lagos State Ministry of Information Toastmasters Club.

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Tinubu Chooses Famadewa as Special Adviser on Homeland Security

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adeyinka famadewa

By Modupe Gbadeyanka

A retired Major-General, Mr Adeyinka Famadewa, has been appointed as the Special Adviser to President Bola Tinubu on Homeland Security.

The appointee retired from the military after over three decades, with experience in national security strategy, intelligence fusion, counter-terrorism operations, and international security diplomacy.

His career reflects a rare blend of operational excellence, strategic foresight, and institutional leadership in safeguarding Nigeria’s territorial integrity and national interests, a circular signed by the Secretary to the Government of the Federation (SGF), Mr George Akume, said.

It was disclosed that Mr Famadewa was chosen for the position because of his exceptional record of service, strategic expertise, and outstanding contributions to Nigeria’s national security architecture.

The notice said the appointment underscores the commitment of the administration of Mr Tinubu to strengthening internal security coordination, enhancing intelligence-driven operations, and deepening inter-agency collaboration in addressing emerging security threats across the country.

The President expressed confidence that Mr Famadewa’s appointment will further enhance the government’s efforts toward achieving a safer and more secure Nigeria through improved coordination of homeland security initiatives, intelligence integration, and proactive risk management.

He also urged him to deploy his wealth of experience, professionalism, and strategic insight in advancing national security objectives and supporting the administration’s agenda.

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FCMB Fortifies Board With Appointment of LSETF Chair Adepeju Adebajo

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Adepeju Adebajo

By Aduragbemi Omiyale

In a bid to strengthen its board and support its transformation goals, FCMB Group Plc has appointed the chairman of the board of the Lagos State Employment Trust Fund (LSETF), Mrs Adepeju Adebajo, as an independent non-executive director.

A statement signed by the company secretary, Mrs Olufunmilayo Adelabu, disclosed that the appointment has been approved by the Central Bank of Nigeria (CBN).

She brings to the board over 30 years of experience across industry, renewable energy, agriculture, finance and consulting. She has worked with teams and clients in sub-Saharan Africa and Europe, helping them grow and multiply impact.

Throughout her career, Mrs Adebajo has led teams through change and growth. She previously worked at Lafarge Africa Plc, and was once the chief executive of Mouka Limited, Lumos Nigeria, UTC Nigeria Plc and an Assistant General Manager at United Bank for Africa (UBA) Plc. She is a Transformation Lead at Etex Group (Nigerite and Emenite Limited).

In 2025, she founded Climate Governance Initiative Nigeria, affiliated with the World Economic Forum (WEF) and serves on the World Economic Forum Council on Climate and Nature Governance (2025-2027).

Mrs Adebajo holds a Master’s and a BSc in Chemical Engineering from Imperial College London and an MBA from Harvard Business School.

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