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Newspaper Headlines: Labour reduces minimum wage demand to N497k as FG offers N57k

Ayodeji.oluwafemi@thecable.ng'byAyodele Oluwafemi
May 23, 2024 7:00 am

Reports on new guidelines for bureau de change operations, and the one-year anniversary of the Bola Tinubu administration, suffuse the frontpages of Nigerian newspapers.

The Punch reports that President Bola Tinubu has directed his ministers to present their performance reports to Nigerians as part of activities to commemorate his one year in office. The newspaper says organised labour has reduced its minimum wage proposal to N497,000.
Daily Trust reports that 27 states are yet to have vehicle conversion centres for compressed natural gas (CNG). The newspaper says the leaders of Norway, Ireland, and Spain have announced that their countries will formally recognise Palestine as an independent state in the interest of “peace in the Middle East”.
The Guardian reports that the national library headquarters project in Abuja, which had been abandoned for 11 years, will now cost Nigeria at least N200 billion to complete. The newspaper says the federal government has proposed N57,000 as the new minimum wage.
The Nation says the Central Bank of Nigeria (CBN) has issued regulatory guidelines for bureau de change operations in the country. The newspaper reports that judges have agreed that electoral disputes should be decided before swearing-in of elected officials.

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