Good morning.  Here is today’s summary from Nigerian Newspapers: 

1. New Minimum Wage: Fresh Crisis Looms

* FG, Labour, OPS Fail To Reach Agreement
* Tripartite Committee Concludes Assignment, It Depends On Presidency, N’ Assembly Now
* Government Offers N62k, Labour Insists On N250k
* We Can’t Pay N60k, States Tell FG, Labour OPS

Hopes of arriving at a new minimum wage for Nigerian workers before the end of the one week relaxation of the strike embarked on by the Organised Labour in Nigeria appears to have been dashed by the recent outcome of the meeting of the tripartite committee yesterday.

2. Nigeria’s Economy To Hit $1.85trn By 2029- IMF

* Projects Significant Growth Trajectory For Nigeria’s Economy Over The Next Five Years

In a development that will gladden the hearts of many Nigerians, the International Monetary Fund (IMF) has projected Nigeria’s economy to rise to at least $1.85 trillion in purchasing power parity terms by 2029.

3. Nigeria Lost About N7 Billion in Cargo Transport Due to NLC, TUC Strike: Agents

The Domestic Airports Cargo Agents Association (DACAA) has estimated that Nigeria lost about N7 billion during the two-day NLC and TUC nationwide strike.

4. Fubara Approves N19.5bn For Reconstruction Of Demolished Assembly Chambers

The Rivers State Government will spend the sum of N19.5 billion for the reconstruction of the State Assembly Chambers that was demolished by the government in the wake of the political crisis in the state.

5. Obi's Former Campaign DG, Okupe Shifts Ground, Says Tinubu Best Among All Presidential Candidates In 2023

Citing the benefit of hindsight, the former Director General of Peter Obi’s Campaign, Doyin Okupe has shifted ground, while hailing President Bola Tinubu as the best among all the candidates who contested the 2023 presidential election.

6. Tariff Hike: Tribunal Fines Multichoice ₦150m, Ordered To Give Nigerians One Month Free Subscription

The Competition and Consumer Protection Tribunal has fined the prominent Pay-TV operator, Multichoice Nigeria, owners of DSTV, GOTV, ₦150 million for disputing the court’s jurisdiction.

7. Obidient Movement About Good Governance, Bigger Than Labour Party, Says Tanko

The chief spokesman of the Obi-Datti organization, Tanko Yunusa has described the Obidient Movement as all about good governance and is bigger than the Labour Party.

8. Kano Emirship Saga: Court Reserves Judgement In Suit Filed By Bayero

A Federal High Court sitting in Kano on Friday, reserved judgement in the fundamental human rights suit filed by the dethroned 15th Emir of Kano, Aminu Ado Bayero, following a heated argument between the prosecution counsel and defendant counsel during the hearing.

9. Mohbad’s Death May Have Been Caused By Drug Reaction- Autopsy

The autopsy conducted on the body of late singer Mohbad has been declared inconclusive while a possible cause of his death has been attributed to drug reaction.

10. W/Cup Qualifiers: South Africa, Nigeria Settle For 1-1 Draw

Nigeria’s World Cup Qualification journey continued with another draw on Friday as the Super Eagles of Nigeria played out a 1-1 draw with the Bafana Bafana of South Africa at the Godswill Akpabio Stadium in Uyo.


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