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Oshiomhole Laments Poverty Stricken Nature of Nigerian Workers Under Tinubu’s Govt
A former President of the Nigeria Labour Congress (NLC), Senator Adams Oshiomhole, has lamented that the present day Nigerian workers are poorer than those who worked for the country in the past.
Oshiomhole, a former Governor of Edo State, also decried the present N70,000 minimum wage, arguing that the celebrated wage when converted to dollars, is equivalent to only $42.
The former labour leader spoke at the National Institute of Security Studies, Abuja, during a distinguished personality lecture organised for members of the Executive Intelligence Management Course 17.
Comparing the first minimum wage in the country under the administration of Shehu Shagari as President, he noted that the N125 minimum wage at that time was equivalent to $160.
The lawmaker, who spoke on the title of the lecture: “National Minimum Wage: Reward system and productivity in Africa”, said: “When minimum wage in Nigeria was established under President Shagari – I think around 1981 – it was around N125, which was about $160 a month.
“Today, with the fat increase – 100% increase that the labour achieved last year, which is now being implemented this month – according to our current exchange rate, is $42.
“So, if you divide N70,000 by N1,650, it gives you $42. So, the working people are much poorer now than we were so many years ago. So, this opportunity will depreciate, and that affects the quality of life and everything.”
He urged the Federal government and other states generating high revenues to pay workers more than the agreed N70,000 minimum wage.
The Senator representing Edo North in the National Assembly also called for the expansion of minimum wage law to domestic staff, among others, through the amendment of the law.
He said: “But again, if you look at the law in Nigeria, which I hope will be able to amend very soon, although the Federal government and the states have agreed on a minimum wage, for example, at N70,000, there are still people who are paying less than that.
“Even under the law, because it says you have to have about 25 to 50 employees minimum for that law to be applicable to a particular enterprise. But with the changing technology, a small ICT company employing 10 people can generate much turnover. So, using the number of employees was appropriate when the economy was more broad-driven not with ICT.”
President Bola Tinubu has approved the appointment of Daniel Bwala as Special Adviser, Media and Public Communications (State House).
Bayo Onanuga, Special Adviser to the President on Information and Strategy, announced this in a statement, on Thursday.
A former aide of former Vice-President Atiku Abubakar, candidate of the Peoples Democratic Party (PDP) in the 2023 election, Bwala worked actively for his former principal who lost to Tinubu.
However, after the elections, he worked his way into the camp of Tinubu, sparking controversy.
Onanuga also announced the appointments of three directors-general of various agencies.
They are:
(1) Mr. Olawale Olopade — Director-General, National Sports Commission
(2) Dr. Abisoye Fagade — Director-General, National Institute for Hospitality and Tourism
(3) Dr. Adebowale Adedokun — Director-General, Bureau of Public Procurement
Olopade, the new Director-General of the National Sports Commission, is a sports administrator with many years of experience in the sector.
He served as commissioner of youth and sports in Ogun state and was chairman of the local organising committee of the 2024 National Sports Festival.
The new Director-General of the National Institute for Hospitality and Tourism, Dr. Abisoye Fagade is a marketing communication professional. He is the founder and managing director of Sodium Brand Solutions.
Adedokun, the new helmsman of the Bureau of Public Procurement, was the director of Research/Training and Strategic Planning at the bureau before his appointment.
Daily Trust
Globacom has received commendation from the Vice Chancellor of BOWEN University, Iwo, Osun State, Professor Jonathan Oyebamiji Babalola, for consistently delivering digital services to the university over the years.
This acclamation was made by Professor Babalola during a business meeting in his office at the University of Iwo in Osun State, when he hosted a team from Globacom’s Enterprise Business Group.
The VC conveyed how much he enjoyed working with Globacom and encouraged the company to keep up its uninterrupted services to the academic community.
In order to help the university fulfill its mission of creating better products and advance the frontiers of academic development, he also asked Globacom to support BOWEN University through a number of CSR initiatives.
Speaking at the meeting, Adeniyi Odejobi, the Enterprise Business Lead, Globacom, said that the company has been a major telecommunications service provider in Nigeria, providing telephony and digital solution services for millions of people across the country as well as enterprises, small and medium-sized businesses, large corporations, public sector organizations, and universities. It is also a digital solutions company.
According to Adeniyi, Glo has been at the forefront of revolutionary changes in Nigeria’s telecommunications sector for more than 20 years and is largely to be commended for democratizing the use of telephones and telephony services across the country over the years. “Because of Globacom, every Nigerian today can afford a telephone line”, he noted.
According to Adeniyi, Globacom also evolved a good number of innovations that have aided revolutionary developments in the Nigerian telecom sector, such as Globacom’s fully owned international submarine cable, Glo 1.
In order to advance the university, Adeniyi urged it to deepen its collaboration with Glo in order to offer digital services such as Glo LMS, Toll-Free Data, and Mobility services.
Chairman of the Economic and Financial Crimes Commission (EFCC), Ola Olukoyede, has alleged that the depth of corruption in the power sector would make anyone weep for Nigeria.
He said: “As we speak, we are grappling with electricity. If you see some of the investigations we are carrying out within the power sector, you will shed tears.
“People were awarded contracts to supply electricity equipment. Instead of using what they call 9.0 guage, they will go and buy 5.0.
“Every time you see the thing tripping off, the thing gets burnt, and all of that, it falters and it collapses. It’s part of our problems.”
Olukoyede made the revelation during an oversight visit by the House of Representatives Committee on Financial Crimes to the EFCC’s headquarters in Abuja on Tuesday.
He stressed the importance of collaboration between the Commission and lawmakers to combat financial crimes effectively.
One of the key areas of concern, according to Olukoyede, is the power sector, where corrupt practices have been undermining the country’s infrastructure.
It was at this point that the EFCC boss revealed that some contractors awarded contracts to supply electricity equipment were cutting corners.
He said they were using substandard materials that have contributed to the frequent power outages and system failures.
This, he said, is one of the many examples of how corruption in critical sectors is holding back the country’s development.
Olukoyede also discussed the EFCC’s new strategic focus on asset tracing and recovery, which he credited for the agency’s successes over the past year.
Furthermore, he revealed that “For every N10 recovered, perhaps N30 or N40 Naira may have been stolen.
“If we recover about N440 billion and several billions of dollars in a year, imagine the total amount siphoned from our system. That’s the unfortunate reality.
“Thus, we are focusing on prevention. Over the last year, we have established a new directorate for risk assessment and control.
“To recover 10 Naira, you may spend between 4 and 5 Naira. But to prevent 10 Naira from being stolen, you spend less than 1 Naira, based on our research and experience.
“Prevention is, therefore, the more effective way to combat corruption.
“We need more resources to carry out our mandate effectively. Our staff are underpaid, and we need to improve their welfare.”
Reacting, Ginger Onwusibe, Chairman of the House Committee on Financial Crimes, expressed the committee’s readiness to support the EFCC through legislation and improved budget allocations.
Onwusibe also urged the Commission to enhance its operational capacity and strengthen collaborations with other agencies and development partners to improve accountability and efficiency in the fight against corruption.”
