Today, conversations on the new minimum wage dominate the front pages of the Nigerian newspapers.
In Vanguard’s Nigerian Newspapers review programme, Today in the News, Vanguard reports that industry experts and financial analysts are worried that the economy is on a tough road to recovery and that the minimum wage agitation and return of fuel subsidy will further complicate the process and prospect of early recovery.
According to the Vanguard report, the Organised Labour said President Bola Tinubu and the National Assembly, NASS, will determine its next line of action, following last Friday’s stalemated negotiations on a new national minimum wage, NNMW.
The Punch reports that refined petroleum products and agricultural food imports constituted the major items imported by Nigerians in the first quarter of 2024.
The newspaper says the new minimum wage talks between the federal government and organised labour are expected to end today.
The Nation reports that President Bola Tinubu has rejigged the National Council on Climate Change (NCCC).
The newspaper says the National Bureau of Statistics (NBS) said Nigeria recorded a N6.5 trillion trade surplus between January and March 2024.
Daily Trust reports that governors have spent billions of naira to purchase exotic vehicles for members of the state houses of assembly despite the economic downturn in the country.
The newspaper says the Northern Elders Forum (NEF) has called on the federal government to set up a pastoralist commission to protect the interest of Nigerian herders.
Also in Today in The News, The Guardian reports that Lawal Pedro, attorney-general of Lagos state, has asked the Ikeja special offences court to discontinue alleged N1.35 billion fraud charges against two defendants – Azubuike Ishiekwene and Olalekan Abdul – being prosecuted by the Economic and Financial Crimes Commission (EFCC).
The newspaper says the International Labour Organisation conference in Geneva, Switzerland, could stall ongoing minimum wage negotiations.
This Day reports that the federal government said its N62,000 monthly minimum wage offer was made after taking into consideration national interest and current economic indices.
The newspaper says Nigeria and seven other developing nations have called on all countries to stop supplying arms to Israel.
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