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Labour

PenCom hosts 11.32 m workers as assets jump 51% to $22.8 billion

Participation in the Nigerian contributory pension scheme has risen to significant 11.32 million workers, helping drive asset growth by 51 percent to 31.48 trillion in the last two years. The ⁠National Pension Commission (PenCom) declared in Abuja on Tuesday that…

Business Economy Energy Labour

NNPC, NCDMB, NiPeTE task professionals on competence-driven energy workforce

Industry leaders have challenged young professionals to prioritise competence, continuous learning and value creation as they prepare to lead the next phase of Nigeria’s energy transition, stressing that technical skills alone are no longer sufficient to succeed in an increasingly…

FG directs MDAs to stop stamp duty deductions with immediate effect

Federal Government has directed all Ministries, Departments and Agencies (MDAs) to immediately discontinue the deduction of one per cent stamp duty from payments made to contractors, vendors, suppliers and service providers, citing the provisions of the Nigeria Tax Act 2025. The…

Posted on VN

S/African labour unions warn workers to shun anti-migrant protests

Ahead of the June 30 planned nationwide protests by several anti-migrant activist groups in South Africa against African migrants, the country’s biggest labour platforms have warned workers to shun the marches. The labour unions stated that it will not guarantee…

Posted on VN

Organised labour to commence renegotiations with FG in July over new national minimum wage

Nigeria Labour Congress (NLC) says it will reject any proposal by government aimed at taxing national minimum wage earner, describing such move as ‘unjust and insensitive’ to the present economic realities in the country. The congress also insisted on urgent adoption…

Posted on VN
Business Economy International Business Labour

Kuwait bars Nigerians, 26 other nations from domestic jobs

Frank Okon Kuwait has introduced sweeping changes to its domestic worker recruitment policy, effectively excluding Nigeria and more than two dozen other countries from supplying labour to the Gulf state’s household services sector. Under a new circular issued by Kuwait’s…

N100, 000 proposed national minimum wage unrealistic — OPS

Amid demand by labour groups on the federal government to raise the national minimum wage from its present N70, 000 to N100, 000, private sector stakeholders have dismissed the demands as unrealistic, even as they insist it should not cut…

Posted on VN

Labour unions reject World Bank, AfDB’s ‘Mission 300’ electricity initiative over debt concerns

Labour unions in Africa, including Nigeria, have jointly rejected the African Development Bank (AfDB) and World Bank-assisted ‘Mission 300’ electricity access programme, as they argued that the initiative further places ‘unsustainable debt burdens on already struggling governments.’ The labour unions while…

Posted on VN
Business Civil Society Economy Energy Labour

Labour, CSOs push for urgent oil sector overhaul as energy cost bites deep

Ziggy Ojiegbe Civil society organisations and labour unions have urged the Federal Government to urgently restructure Nigeria’s downstream oil sector, warning that rising energy costs are worsening hardship and undermining economic productivity. The call was made at the end of…

Economy Labour

Workers’ Day 2026: Labour unrest deepens amid economic strain, political tensions

Frank Okon Labour groups across Nigeria have expressed growing frustration with the state of the economy as the country marks Workers’ Day 2026. Traditionally a day to celebrate the contributions of workers in both public and private sectors, this year’s…