News
Minimum Wage: Implementation ’ll Commence Soon -Buhari …As Labour Blasts FG Over Debt Profile
President Muhammadu Buhari yesterday assured Nigerian workers that implementation of the new minimum wage of N30, 000 will commence soon.
President Buhari has also asked state governments and employers in the private sector to work towards providing a living wage for their workers.
Speaking at the 11th Triennial Delegates Conference of the Trade Union Congress, TUC, of Nigeria, the President who was represented by Secretary to the Government of the Federation, SGF, Boss Mustapha enthused that the nation’s economy was expected to grow by 2.7 percent in 2019 as a result of several reforms embarked upon by the government.
President Buhari urged state government and the private sector to implement the minimum wage as a way of encouraging workers to contribute to the development of the country, adding that his government will continue to pay particular attention to the welfare of workers.
Stressing that giant efforts had been made in building solid foundation for the country since he took in 2015, he said, “these efforts have begun to yield results. The Economy is making a steady progress and our GDP is expected to grow by 2.7 percent this year. Our external reserve has risen to $45 billion and can finance a number of our foreign commitments.
“With the steps taken to integrate rural economies to the national grid, provide credits and inputs to rural farmers and micro-businesses as well as providing the enabling environment for business in Nigeria, our people will be liberated from the shackles of poverty.
“We will try to create 10 million jobs yearly to continue to boost our economy and make life better for our people.
“Our government will continue to improve on our New Development Plans and initiatives. We will concentrate on Agriculture, Education, Power and other infrastructure, manufacturing and social intervention schemes. We will promote good governance and fight corruption to a stand still.
“This government will continue to build institutions and machineries to fight corruption. If we don’t kill corruption now, we will not have a country to handover to our unborn generation. Hence the need for everyone to be involved in this fight to finish.
“My administration believes in the welfare of workers and that is why we have signed the Minimum Wage bill into law and implementation is underway. l employ both the state governments and the private sector to give their workers a decent living wage to encourage workers to contribute more to our economy.
“The Federal Government acknowledges the collaborative support it has received from the Labour Union, especially the TUC, since the inception of this administration. Members of this Union participated actively in developing the drafting of the various policy documents that have led to the development of roadmaps in the country.
“Members of the Union are also involved in several aspects of the implementation of the road maps. It is the belief of government that the synergy and collaboration will be strengthened as we move forward.
“The Executive arm of government is committed to having a smooth and good working relationship with the Labour Unions in Nigeria as we go higher.”
He expressed concern over the level of insecurity in the country, but assured that the government was working hard to defeat all acts of insecurity in the country including terrorism, kidnapping as well as farmer/herders clashes.
The President who stated that the security challenges in the country was not insurmountable, assured that his government remained committed to making Nigeria a better place and is “mapping out policies, measures and laws to maintain our unity and at the same time lift the bulk of our people out of poverty and on the road to prosperity.
“The security challenges we are currently facing are not unsurmountable. I can report that we are meeting these challenges with much greater support to the security forces in terms of funding equipment and improved local intellegence.
“We are meeting these challenges with superior strategy, firepower and resolve. I can assure you that we will win the war against terrorism, kidnapping, banditry and farmers-headers clashes.”
In his address, President of the TUC, Comrade Bobboi Bala Kaigama said the story of Nigeria has degenerated to the level of anarchy and absurdity as hardly a day passes without new killings through assassination, kidnapping, and suicide bombing.
Kaigama said the level of insecurity appeared to have overwhelmed the nation’s security forces, adding that “nowhere is safe now including the home state of the President and the Minister of Defence.”
The TUC boss called on leaders in the country to do the needful, stressing that their primary responsibility was to protect lives and secure property of the citizens.
He lamented that the Nigerian economy was in dire strait, adding, “regrettably, those who should manage it are not showing promising signs on how to fix it. Nigeria’s debt profile is over N24.3 trillion. It was reported recently that government wants to borrow more.
“Borrowing in itself is not a bad thing, the issue is what do you borrow for? Countries borrow for capital projects and not to pay salaries. If we cannot bequeath to our children why burden them with crazy debt? It is irresponsible of any parent to do such.
“Comrades, why can’t we know the number of barrels of crude we refine? Is it a rocket science to publish how much we make from oil, why should individuals mine our solid minerals in Zamfara, Plateau etc? With what the Federal Inland Revenue Service, FIRS, NIPOST, NNPC, NIMASA, NAPIMS and the monies recovered by EFCC and ICPC, Nigeria should not be borrowing.”
On unemployment, he said,” Comrades, the danger posed by unemployment and poverty to our peaceful existence and development is glaring by everyone to see.”
Kaigama also expressed concern over the level of corruption in the country, pointing out that perpetrators of corruption were divising new tactics daily to evade being caught while cronyism, ethnicity and religion has deflated efforts to redeem the country.
He said, “The history of corruption in our country is absurd. The more you fight, the more perpetrators device new means. They can divert anything but cannot ‘divert’ the country out of poverty.
“Cronyism, ethnicity and religion most times deflate the effort to redeem the country. There is no sincerity of purpose in the struggles. The best form of governance would abhor corruption same way a corrupt administration would not be interested in promoting good governance. “
He asked government to improve on the nation’s operating environment to ensure the smooth running of the economy, pointing out that the manufacturing sector has not made any significant progress in the first quarters of 2019.
He maintained that further decline in the components that makes economies viable can lead to further job losses and increase poverty in the country, adding that the country cannot continue to watch politicians midwife the nation’s national development planning into extinction.
According to him, “How can we talk about development when national budgets are passed in the middle of the year? It will definitely have a consequential effect on the national economy and investors’ interest. If we cannot follow laudable policies, then we cannot be said to have begun our pursuit for a better society. The delegates’ conference is expected to produce a new leadership for the congress.
Meanwhile, Bobboi Kaigama, President of the Trade Union Congress (TUC), has expressed worry over the increasing rate of inflation and the country’s debt profile.
At the opening of its Triennial National Delegates Conference in Abuja, Kaigama said it was a matter for regret that little efforts were being made to solve the issue.
According to him, with the country’s current debt profile still at N24.3 trillion, efforts must be geared towards ending borrowing and looking inwards for self-sufficiency.
“Our economy is in dire strait, regrettably, those who should manage it are not showing promising signs on how to fix it. Nigeria’s debt profile is over N24.3 trillion, it was reported recently that government wants to borrow more.
“Borrowing in itself is not a bad thing; the issue is what do you borrow for. Countries borrow for capital projects, and not to pay salaries if we cannot bequeath wealth to our children, why burden them with debts.’’
Kaigama said with the rate of inflation standing between 11.28 and 11.44 per cent for goods and services, there was an adverse effect on purchasing power for citizens, calling on the CBN and the federal government to ensure smooth running of the economy.
He also decried the secrecy surrounding crude oil refinery in the country, noting that adequate information should be available to Nigerians on both the internally and externally generated earnings.
He said with revenues generated from the Federal Inland Revenue service, NIPOST, NNPC, NIMASA, and those recovered by the EFCC and the ICPC, the country has no business borrowing.
The Vice-Chancellor, Nasarawa State University, Prof. Suleiman Mohammed, while commending the TUC and its affiliates at promoting the rights of workers, urged them to continue in unity and solidarity.
Mohammed, who delivered a lecture with the theme, “Labour and Nation Building, The Place of Labour in National Politics’’, said the role of the organisedlabour cannot be over flogged with an overall goal to unsettle the ruling class.
According to him, the political and elected leaders in all tiers of government have continued to use the instruments of the state to disempower workers, calling for more political consciousness to promote their rights.
While commending labour unions for playing a monumental role in nation building, the vice chancellor said they must continue to promote industrial justice and fight for the protection of workers’ interest in all tiers of government.
He also called for the involvement of workers in policy formulation and implementation, calling for strengthened collaboration and unity to promote significant roles in checking and influencing government policies and programmes.
The Permanent Secretary, Ministry of Labour and Employment, Mr Williams Alo, commended the support of the organisedlabour in improving lives of Nigerian workers, expressing hope that the new leadership of the union would strengthen the already existing partnership.
Alo pledged the commitment of the federal government to continue to be a dependable ally towards improving the welfare of workers and other Nigerians.
He said various government social intervention programmes targeted at reducing youth unemployment and eradicating poverty have been implemented by the administration.
NLC President, Dr AyubaWabba, stressed the need to address the global imbalance where more people live below poverty line in spite of the growing global wealth, saying it was more worrisome in Nigeria.
Wabba said the role of unity of purpose cannot be overemphasised in trade unionism, saying it was only through this that workers’ demands are met.
“The rules cannot be changed through wishful thinking, our leaders must be instigated to promote the rights of Nigerian workers.’’
Featured
Rivers Assembly Approves Fubara’s 2026–2028 MTEF
The Rivers State House of Assembly has approved the 2026–2028 Medium Term Expenditure Framework (MTEF) submitted by Governor Siminalayi Fubara.
This reaffirms the lawmakers’ commitment to enacting laws and taking legislative actions geared towards the overall development of the State.
The Assembly gave the approval during its Second Legislative Sitting of the Fourth Session held last Friday.
Speaking on the MTEF document during plenary, the House Speaker, Rt. Hon. Martin Amaewhule, noted that by the provision of Section 10(1)(b) of the Rivers State Fiscal Responsibility Law No. 8 of 2010, the MTEF ought to have been laid before the House in September 2025.
Amaewhule explained that traditionally, the document is expected to be presented four months before the commencement of the next financial year and immediately after the expiration of every three-year fiscal cycle.
He, however, stated that in the interest of the State and its people, the House considered it necessary to deliberate on the document, describing it as a precursor to the 2026 Budget Estimates.
The Speaker expressed concern that the year had already progressed significantly before the presentation of the framework.
During deliberations on the document, members examined the assumptions and projections contained in the MTEF and observed that strict adherence to the outlined fiscal parameters would ultimately serve the interest of Rivers people.
The lawmakers maintained that effective implementation of the framework would promote prudent financial management and enhance developmental planning across the State.
Following the debate and positive consideration by members, the Speaker put the question to the House and members voted overwhelmingly in support of the approval of the MTEF.
Meanwhile, during the same sitting last Friday, the House also received a petition from the Chairman of Obio/Akpor Local Government Council, Dr. Gift Worlu.
The petition was presented by the member representing Obio/Akpor Constituency II, Hon. Emilia Amadi.
According to the petition, concerns were raised over an imminent security breach, threats to lives, destruction of property and alleged forceful takeover of property by some lawless persons within parts of the Local Government Area.
Presenting the petition before the House, Hon. Amadi appealed to the lawmakers to revisit the matter and take necessary steps aimed at safeguarding lives and property in the affected communities.
The House is expected to further deliberate on the petition and consider measures to address the concerns raised in order to sustain peace and security in the area.
King Onunwor
News
Fubara Reaffirms Commitment To Blue Economy, Private Sector Growth …Calls For Protection Of Marine Resources
The Rivers State Government has reaffirmed its commitment towards fostering private sector-driven economic growth and harnessing the vast opportunities within the blue economy to drive national development.
Rivers State Governor, Sir Siminalayi Fubara, made this known during the opening ceremony of the 2026 Annual General Meeting and Conference of the Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA), held in Port Harcourt, last Thursday.
Represented by his deputy, Prof. Ngozi Odu, Governor Fubara described the conference theme, “The Gulf of Guinea and Blue Economy: Pathways to Trade, Investment and Security Towards a $1 Trillion Economy,” as both timely and strategic.
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?The governor welcomed the leadership of NACCIMA, delegates from the 115 Chambers of Commerce across Nigeria, members of the diplomatic corps, captains of industry, investors, and other distinguished guests to Rivers State.
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?He commended the National President of NACCIMA, Engr. Jani Ibrahim, for choosing Rivers State as the host of the 2026 conference, noting that the decision had drawn national attention to the immense economic opportunities embedded in the blue economy.
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?Fubara stated that the blue economy possesses the capacity to generate revenue that could surpass earnings from the oil and gas sector if properly developed and managed.
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?He stressed the need for Nigeria and other countries along the Gulf of Guinea to take deliberate steps toward maximizing the benefits of their maritime resources while guarding against the continued exploitation of coastal assets by foreign operators.
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?Expressing concern over the activities of foreign fishing trawlers operating in Nigerian waters, the governor noted that many harvest seafood resources without making meaningful economic contributions to the country.
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?He emphasized the need for stronger monitoring mechanisms and enhanced protection of Nigeria’s marine resources.
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?”We must wake up and hit the ground running. If we do not capitalize on and utilize our blue economy, other nations will utilize it for us,” he stated.
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?The governor thanked NACCIMA for what he described as a timely wake-up call on the importance of the blue economy and maritime security, adding that the successful hosting of the conference in Rivers State demonstrates the state’s safety, hospitality, and readiness for business and investment.
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?Earlier in his remarks, the President of NACCIMA, Engr. Jani Ibrahim, expressed appreciation to the Rivers State Government for hosting the 66th Annual General Conference of the Association and for the warm reception accorded delegates.
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?He noted that the state’s commitment to hosting the conference reflects its readiness for business and has helped restore investors’ confidence in its economic potential.
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?According to him, NACCIMA highly values the cordial relationship between the Rivers State Government and the organized private sector, emphasizing that the association remains the foremost voice of the Nigerian business community.
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?In her welcome address, the President of the Port Harcourt Chamber of Commerce, Industry, Mines and Agriculture (PHCCIMA), Dr. Chinyere Nwoga, described the conference as a historic milestone, noting that it was the first time in the Chamber’s 66-year history that it was hosting the national body of NACCIMA.
Nwoga commended the national leadership for entrusting PHCCIMA with the hosting rights and pledged the Chamber’s continued commitment to advancing the objectives of the association and promoting sustainable economic growth through private sector engagement.
News
Fubara Seals Off Collapsed Building Site, Orders Investigation
Rivers State Governor, Sir Siminalayi Fubara, has ordered a complete seal-off of the site of a five-storey building which collapsed last Wednesday, killing one person and injuring several others in Port Harcourt.
Fubara gave the order during his visit to the site of the collapsed building last Thursday to assess the situation.
He said the site will remain “completely sealed off” until the government gets to the “root cause” of the incident.
He described the incident as unfortunate but observed that preliminary investigation had shown that the developer had earlier refused to subject his site to inspection by the state authorities and comply with the necessary building regulations.
The governor, who inspected the site alongside the Commissioner for Physical Planning and Urban Development, Sir Amairigha Edward Hart, and the Permanent Secretary of the Ministry of Special Duties, Dabite Sokari George, explained that he couldn’t visit the site the previous day because he was awaiting formal briefing from the relevant agency of government on the situation.
“We’re here to see for ourselves the very unfortunate incident that took place here. I didn’t come yesterday because I wanted to get the report first, and the Commissioner did brief me that the incident site, first, is not as claimed by the developer, that it’s not under the jurisdiction of the state; that it’s under the jurisdiction of the Federal Housing Authority.
“He also informed me that when the project was ongoing, they came here severally to inspect what was happening and also to see the level of compliance. But unfortunately, that the developer kept claiming that we don’t have any right to interfere,” he said.
Fubara said that the issue was no longer about interference but about the life lost to the building collapse and the collateral damage brought upon the family of the deceased.
He extended condolences to the families of the victims, insisting that the incident could have been avoided if the developer had complied with the rules guiding the engineering design and construction of such a structure in the 21st century.
“We feel very sorry and very regretful that such an incident should be happening in this 21st century because technology has advanced, engineering has developed. I wonder what kind of engineer would even allow this kind of project to go on when everything about it from inception has been faulty.
“I think that at this point, nothing is going to happen on this site any more. We are going to make sure that this place is completely sealed off until we get to the root cause of this incident,” the governor said.
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