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…As Reactions Trail N56,000 Proposal

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In commemoration of this
year’s Workers’ Day, the labour movements in Nigeria, made a N56,000 minimum wage demand on the  government.
This demand, which should by all means please Nigerian workers, has however  raised mixed  reactions from the same  workers who would supposedly benefit from it.
An assistant  director  with the state ministry of Agriculture, Mr. Jonah  Isikima, sarcastically applauded  the move by labour  and asked, “where have these labour leaders been. Is it that they are  hard of hearing  or  have  not been in this country?
“Much as  I would benefit if implemented, but lets be realistic. The monthly federal allocation to this state for example is N2 billion short of salary bill of the state as we are told, so where does labour expect the government  to  get the  money to meet  this their  incredulous demand,” he continued.
Isikima pointed out that many states for the past one year have not been able to regularly pay the current N18,000 minimum wage “And now they ask government to pay N56,000, well my take is that  they want the usually settlement for themselves not for the workers they represent.
“We know that the present day  Nigerian labour leaders  are completedly compromised”,  was the  response of Mr Sunny Dede, a staff of Nigeria Ports Authority.
Dede noted that, “gone are the  days when labour unions truly represented Nigerian workers and worked for their wellbeing . now, what  they do is make unnecessary noise and   give altimatums so  that their palms would be greased otherwise, how do you  explain  this demand? Oil , our economic mainstay has taken  a nose dive for the past one year and we hear that it would remain so  for a while  and now this demand for a new minimum wage of N56,000. This is not realistic at all.
Another respondent, Mrs Ibifubara Inetimi,  a Rivers -born teacher in Bayelsa State, stated,  “what labour should think of doing in the present situation  is to make government devise ways of increasing the purchasing power of our Naira and seek  her welfare packages like improved healthcare  system, power supply, make petrol available to workers  than this unattainable demand. Some of us  in Bayelsa have not been paid for about eight months, where would the money come to pay arrears  before paying new minimum wage, we will enjoy it, but  it is not a demand  for now.
“Labour is obviously disconnected from the reality on ground. You and I know that  many states are yet to pay the current minimum wage, this  simply means that the demand, will not fly with the  government, given  the current economic situation unless labour  is prepared  to prune the work force generally to 30 per cent across the country, then the new minimum wage  could be paid, says Mr Romanus Chinedu, a businessman.
Chinedu lamented  that, “it is unfortunate that labour has deviated from  course  of  fighting for the good of Nigerian workers, now a days, they fight  for their  good only.
For Mrs. Kano Kpandei, a local government  staff,  it is a good move that should be accepted  and  implemented by the  federal government, saying, ” after all,  the politician  who has  never worked in his life is receiving much more than that, so whig  shouldn’t  the workers who break their backs everyday to ensure  that the  country is run smoothy not have just a little  bit of their  labour.

 

Tonye Nria-Dppa

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Niger Delta Investment Summit Targets $5bn Inflows, 500,000 Jobs

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The Niger Delta Chambers of Commerce, Industry, Trade, Mines and Agriculture (NDCCITMA) has unveiled the plans to host a major economic and investment summit aimed at attracting five billion dollars, ( N7 trillion) investments in addition to creating about 500,000 jobs over the next five years.
The Chairman of NDCCITMA Board, Ambassador Idaere Ogan, disclosed this in Port Harcourt, recently.
Ogan stated  that the initiative is designed to reposition the Niger Delta as a viable destination for sustainable economic growth and development.
He explained the summit would bring together investors, policymakers, manufacturers and business leaders from within and outside Nigeria to explore opportunities across key sectors of the regional economy.
According to him, the event is expected to attract high-profile participation, with President Bola Tinubu billed as Special Guest of Honour, while the Prime Minister of Barbados, Mia Amor Mottley, is expected to deliver the keynote address.
Ogan said the summit would focus on critical sectors including agriculture, manufacturing, logistics and the blue economy, which he described as areas with significant untapped potential.
He called on state governments, development partners and private sector stakeholders to support the initiative, stressing that collective efforts are required to unlock the region’s economic prospects.
 NDCCITMA chairman further stated that improving security conditions and increasing economic confidence in the Niger Delta have made the region more attractive to both local and foreign investors.
He emphasised that ongoing economic reforms at the national level have also contributed to creating a more favourable investment climate.
Also speaking, the Chairman of the Summit Organising Committee, Dr. Solomon Edebiri, said the event would prioritise the growth of small and medium-scale enterprises (SMEs) across the region.
He noted the summit would provide a strategic platform for networking, business partnership and policy dialogue aimed at strengthening the private sector.
Edebiri disclosed that findings from a recent business roundtable revealed significant untapped investment opportunities, which the summit seeks to harness through targeted collaborations.
He revealed that the event would feature exhibitions of viable projects, facilitate business-to-business and business-to-government engagements, and also promote innovations across multiple sectors.
According to him, the expected outcomes of the summit include job creation, increased industrial activity and improved livelihoods for people in the Niger Delta.
To build momentum ahead of the event, NDCCITMA said the body would embark on awareness roadshows across states in the Niger Delta, as well as in Lagos and Abuja, to attract broad participation.
King Onunwor
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NPA Targets N1.489tn Revenue In 2026

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The Management  of Nigerian Ports Authority (NPA) has set N1.489 trillion as its Internally Generated Revenue (IGR) target for the 2026 fiscal year.
NPA says the figure represents an increase of N21 billion over the N1.468 trillion target for 2025, which the agency exceeded with an actual revenue of N1.97 trillion.
 The Managing Director NPA, Dr Abubakar Dantsoho, stated this  during the agency’s 2026 budget defence before the Senate Committee on Marine Transport.
Dantsoho said  the authority was set to begin groundbreaking projects for the modernisation of Apapa and Tin Can Island ports to enhance global competitiveness.
According to him, of the projected revenue: N945 billion is allocated for capital projects, N447.5 billion for operating expenses, and
N90.6 billion for remittance into the Consolidated Revenue Fund (CRF).
The MD explained that the budget was anchored on the mantra, “Consolidation, Renewed Resilience and Shared Prosperity.”
Dantsoho said that the modernisation of Apapa and Tin Can Island ports were flagship projects aimed at boosting revenue.
“Apapa and Tin Can Island ports are old and no longer adequate for modern global port operations.
“Apapa Port is about 100 years old, while Tin Can Island Port is over 50 years old, with limited capacity for handling modern vessels and cargo volumes.
“Groundbreaking for their modernisation will commence within the next two to three weeks,” he added.
On the Treasury Single Account (TSA), Dantsoho said all revenues generated by the NPA are paid directly into the account managed by the Central Bank of Nigeria (CBN).
“We do not retain any funds. The Central Bank is the signatory and we must apply for funds whenever needed,” he explained.
Earlier in his remarks,Chairman of the Senate Committee on Ports, Sen. Wasiu Eshinlokun (Lagos Central), said the committee’s oversight function was collaborative rather than adversarial.
“Our goal is to work with you to strengthen institutional capacity, eliminate inefficiencies and ensure that every naira appropriated serves the public interest,” he said.
Chinedu Wosu
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NPF Disburses ?21.68m  To Fallen Heros’ Families …Reinforce Welfare Commitment 

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Nigeria Police Force has disbursed a total of ?21,678,120 to the deceased police officers families in Rivers State as part of ongoing welfare interventions by the force.
The gesture formed a major highlight of the activities marking  the 2026 National Police Day celebration in the state, underscoring renewed institutional focus on personnel welfare and post-service support systems.
The Commissioner of Police, Olugbenga Adepoju, who presided over the cheque presentation ceremony, said the initiative reflects the Force’s commitment to honouring officers who paid the ultimate price in their line of duty.
He explained that the financial support is designed to cushion the economic burden faced by bereaved families, while also reinforcing confidence among serving personnel about the Force’s long-term welfare structure.
Adepoju conveyed the sympathy of the leadership of the Nigeria Police Force to the beneficiaries, noting that the sacrifices of fallen officers remain invaluable to national security and public safety.
The police boss further stressed that sustained welfare interventions are critical to boosting morale, enhancing productivity, and strengthening institutional loyalty within the Force.
He reiterated that the welfare scheme aligns with broader reforms aimed at repositioning the Nigeria Police Force as a responsive and people-oriented institution.
Beneficiaries of the cheques commended the Inspector-General of Police, Olatunji Rilwan Disu, for prioritising the welfare of officers and their families through consistent and impactful interventions.
They described the initiative as timely and compassionate, noting that it would go a long way in alleviating financial pressures arising from the loss of their loved ones.
The families also acknowledged ongoing reforms under the current police leadership, which they said have strengthened trust, improved service delivery, and enhanced the overall image of the Force.
The Rivers State Police Command reaffirmed its commitment to sustaining similar initiatives as part of efforts to uphold the dignity, sacrifice, and legacy of officers who served the nation with distinction.
King Onunwor
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