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New minimum wage no longer sustainable- NLC

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The Nigeria Labour Congress, NLC, has lamented that the recent hike in petrol price has rendered the new 70,000
minimum wage useless.

According to the labour movement, the current price of petrol has destroyed the gains of the yet-to-be implemented N70,000 new national minimum wage.

The President of NLC, Joe Ajaero, made this remark at the opening ceremony of a two day workshop on “Minimum Wage Implementation Workshop, Southern Zone, with the theme ‘Strategies for Effective Implementation of the 2024 National Minimum Wage Act, in Lagos,” insisted that organised labour was deceived by President Bola Tinubu into accepting the N70,000 minimum wage to forestall petrol price increase .

He beckoned on government to look into the excruciating hunger, poverty and frustration of Nigerians before things go out of hand, stressing that Nigerians were really suffering.

While providing insight into the conversations with President Tinubu before the N70,000 minimum wage was agreed, the NLC president lamented that Nigerians appeared to have started adjusting to the realities on ground because the government had been distracting organized labour.

“There is a tactic to distract our attention, to call us names, level allegations against us over cybercrime, financing terrorism, sponsoring terrorism and the rest.

”Those things have paid off because while we are facing those allegations, this issue of pump price has remained.

“I repeat, we were betrayed by Mr President, That statement we issued over our being betrayed is being denied by officials of the government. I am repeating it that we were betrayed. Some of you here were at the meeting when Mr President said, Ajaero you are the problem.

”Since we said subsidy is gone. You don’t want to allow us to increase again. If you allow me to increase we will pay you that N250, 000. Immediately I came out that day I was on Arise Television I repeated what Mr President told us.

”The president said I am giving you one hour to decide on this and get back to me. He said he was goig back to his office and we should decide over this (between N250, 000 minimum wage and petrol pump price hike).

“We said no sir, Mr President; we can’t be holding our meeting here in your office. Let us take one week break and come back and report back to you. He said okay, I am traveling but I will cancel my trip for one week. That was how we adjourned for one week.

”If you followed the trend of those negotiations, we adjourned for one week. And when we came back after consultations, we said to Mr President, no, we can’t allow you to increase to any length because that will affect all Nigerians and we will be seen to be selfish. ”Even the N250,000 will not be useful to us. If we continue to increase salary, it will make a mess of our economy and then you continue to increase pump price. In fact, that N250,000 may not be enough to even buy fuel.

“Mr President equally offered to fund our trip to tour some West African countries, where the least price of petrol is selling at N1,700. He even said in Cameroon, they are selling N2000 and that none of them has a refinery but they are getting their products from Nigeria.

”We responded by telling him to check the borders because that is why they are smuggling those products to those countries. ”We equally said no because Nigerians will say they have given us money; they won’t say it’s money for us to visit those West African states.

“On the adjourned date, we went there and told Mr President, we are not here for increase in pump price or negotiation. So let’s concentrate on the minimum wage. Some of these things informed the acceptance of N70,000 minimum wage which some of us here were saying was not enough. But some people are still saying they cannot pay that N70, 000. ”This is the dilemma all of us are facing. In fact, the private sector employers in our meeting gave us tough time. They refused to shift and they wanted to vote with state government, federal government and the private sector on one side, all against labour on the other side. These were some of the things that necessitated all those walkouts you saw.”

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NAOWA RAISES AWARENESS ON GIRL CHILD RIGHTS, MENTAL HEALTH, AND BREAST CANCER AT COMMAND SECONDARY SCHOOL OHAFIA

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The Nigeria Army Officers’ Wives Association (NAOWA) Ohafia chapter on Friday, 30 October 2026 through an awareness programme intensified efforts at promoting the rights, health and well-being of the girl child at Command Secondary School, Ohafia. The programme brought together officers, soldiers students, mothers, members of the National Youth Service Corp (NYSC) and other participants to commemorate the International Day of the Girl Child, World Mental Health Day and Breast Cancer Awareness Day.

In her opening remarks, The NAOWA Coordinator Ohafia chapter, Dr Shafa’atu Dikko who was represented by
Mrs Ruth Zubairu, commended the initiative aimed at improving the welfare and development of the girl child. She restated the importance of collective efforts in creating a society where girls are protected, educated and empowered to realise their full potential.

The theme of the programme *”End Child Marriage and Invest in Girls’ Rights,”* provided an important platform for learning, interaction and awareness, equipping participants with relevant knowledge on the protection of girls’ rights, the dangers of child marriage, breast cancer prevention and mental health management.

The initiative further reinforced NAOWA’s commitment to promoting the welfare of women and children through advocacy, education and community engagement, while encouraging students to make informed decisions about their health, rights and future.

Highlights of the event included an awareness walk, lectures, interactive sessions, and group photographs.

*MAZINHO ATTAH*
Captain
Assistant Director Army Public Relations
14 Brigade Nigerian Army
Ohafia, Abia State
02 November 2026

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ALM Leadership Crisis: Emeka Adiele Breaks Silence, Recounts Financial Dealings With Sam Nwogu, Rejects Inducement Allegations

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The President of the Asa Liberation Movement (ALM), Hon. Emeka Adiele, has dismissed allegations of demanding financial inducement from Chief Sam Nwogu’s Campaign Organisation, describing the claims as false, misleading and an attempt to discredit his person and undermine the integrity of the movement.

 

Adiele, in a detailed statement titled “My Response to Chief Sam Nwogu’s Campaign Media Team and Setting the Record Straight for Future Purposes,” maintained that he never demanded money from the campaign organisation, insisting that the financial dealings between both parties were initiated by Chief Nwogu.

 

The ALM president explained that Chief Nwogu voluntarily offered to support the movement’s meetings beginning in September 2026, adding that the politician provided financial assistance on three occasions: twice in September and once in October.

 

He further alleged that during one of Nwogu’s meetings with the ALM leadership, the politician offered ₦5 million and a Sienna bus in what he described as an attempt to influence the movement’s leadership. According to him, the offer was rejected by him and other stakeholders to protect the independence of the organisation.

 

Addressing the controversy surrounding the movement’s mock election, Adiele claimed that Nwogu personally contacted him on the eve of the exercise and offered ₦500,000 to influence its outcome.

He said he rejected the offer and advised Nwogu to seek support through the recognised process of canvassing votes among stakeholders.

 

Adiele further alleged that in the early hours of Saturday, October 24, 2026, a stakeholder, Charles Samankwe, informed him that Nwogu had sent ₦1 million to secure victory in the exercise.

He maintained that he did not interfere with the process, stressing that every stakeholder was free to support their preferred candidate.

The ALM president disclosed that Nwogu eventually lost the mock election to Engr. Adinigwe Ugochukwu Nwoke, suggesting that the outcome may have contributed to the subsequent disagreement between the politician and the movement’s leadership.

 

On another financial transaction, Adiele explained that during a consultation visit by Nwogu and Prince Ikonne, the former allegedly sent ₦1.7 million, comprising ₦700,000 for preparations and ₦1 million for members’ transportation.

 

He added that Prince Ikonne subsequently contributed another ₦1 million for transportation, bringing the total transportation support to ₦2 million, which he said was distributed among members who attended the meeting.

 

Adiele also recounted an earlier meeting with Nwogu in Port Harcourt, alleging that Charles Samankwe had requested consultation fees before political discussions could commence. He said money was subsequently handed to him by Samankwe, who identified it as the consultation fee requested from Nwogu.

 

Tracing the history of his relationship with the politician, Adiele disclosed that he first encountered Nwogu in March 2022 through Hon. Kingsley Enyite, who, according to him, requested that ALM’s platform be made available to help improve Nwogu’s political image.

 

He consequently rejected suggestions that Nwogu single-handedly established or sustained the Asa Liberation Movement, describing such claims as a distortion of the organisation’s history.

 

The ALM president also dismissed reports that Nwogu was appointed Life Patron of the movement, challenging those making the claim to produce an official appointment letter, resolution or any document issued by the recognised leadership of the organisation.

 

According to him, ALM operates as an organised political pressure group with established structures and leadership, rather than an individual’s personal organisation.

Adiele maintained that his account represented his personal experience and dealings with Nwogu, insisting that he had no reason to misrepresent the circumstances surrounding their relationship.

 

He challenged Nwogu and his campaign media team to publicly present any evidence capable of contradicting his account.

The ALM president further warned that he would consider legal action against individuals responsible for publishing allegations he considers damaging to his reputation. He also indicated his willingness to make further disclosures about the political history of Ukwa land from 2007 to date if the controversy persists.

He concluded by reaffirming his position as the President of the Asa Liberation Movement, insisting that the organisation’s independence and institutional integrity must be protected.

 

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CREDICORP Unveils SPARK Credit Scheme in Abia, Targets Over 1,000 Beneficiaries

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The Nigerian Consumer Credit Corporation (CREDICORP), a Federal Government-backed development finance institution, has showcased consumer credit opportunities for more than 1,000 Abians, while piloting its USSD-based SPARK credit product to help Nigerians access credit and establish formal credit histories.

The event, held at the Prime Time Event Centre in Aba, brought together representatives of the Abia State Government, CREDICORP, the Ministry of Finance Incorporated (MOFI), prospective beneficiaries, financial institutions and local entrepreneurs

 

The showcase featured credit opportunities for market women, traders, young Nigerians and transport operators, including access to tricycles, vehicles and other productive assets through flexible credit arrangements.

 

A major highlight was the pilot of SPARK, an entry-level credit product designed to make credit more accessible, particularly to first-time borrowers, through basic mobile phones without requiring smartphones or internet connectivity.

 

The product is expected to help beneficiaries build formal credit histories through responsible borrowing and timely repayment, potentially opening doors to wider financial opportunities.

 

 

Speaking at the event, the Managing Director and Chief Executive Officer of CREDICORP, Engr. Uzoma Nwagba, thanked President Bola Ahmed Tinubu for the opportunity to serve and expressed appreciation to the Corporation’s executive directors for their support in advancing its mandate.

 

Nwagba, who highlighted the creativity and entrepreneurial spirit of Aba residents, said his upbringing in the commercial city had strengthened his appreciation of the ingenuity of its people.

 

He explained that many entrepreneurs, including shoemakers, traders and other small-business owners, had struggled to expand their businesses because of inadequate access to funding.

 

According to him, the initiative was designed to bridge that gap by bringing affordable consumer credit closer to the people and helping them acquire the resources needed to grow their businesses and improve their livelihoods.

 

He urged prospective beneficiaries to take advantage of the available credit facilities, stressing that access to finance could help them expand their businesses, acquire productive assets and increase their earning capacity.

 

Nwagba also reiterated that consumer credit should not be reserved for a privileged few but should be accessible to working Nigerians seeking opportunities to improve their economic circumstances.

 

The CREDICORP chief executive said the initiative reflected the Corporation’s commitment to translating the Federal Government’s consumer credit policy into practical benefits for ordinary Nigerians.

 

 

The Managing Director and Chief Executive Officer of the Ministry of Finance Incorporated (MOFI) and a member of the CREDICORP Board, Dr. Armstrong Ume Takang, commended President Tinubu for supporting the expansion of consumer credit access in Nigeria.

 

Takang said the initiative would create opportunities for beneficiaries to strengthen their businesses, acquire essential assets and improve their financial circumstances.

 

He encouraged prospective beneficiaries to take advantage of the programme responsibly, noting that access to credit could help entrepreneurs scale their businesses, increase productivity and contribute to economic growth.

 

The initiative also aligns with efforts to support local manufacturers by connecting consumers with locally produced goods through affordable financing arrangements.

 

Under CREDICORP’s S.C.A.L.E. initiative, which stands for Securing Consumer Access for Local Enterprises, eligible consumers can access locally assembled tricycles and other products through credit arrangements.

 

The programme is designed to stimulate demand for Nigerian-made products, support domestic enterprises and encourage job creation.

 

Prospective beneficiaries were also informed about opportunities to acquire vehicles and repay the cost gradually under applicable financing arrangements.

 

Representing Abia State Governor, Dr. Alex Otti, at the event, the Governor’s Principal Secretary and Chief Strategic Officer, Chinenye Mba-Uzoukwu, commended CREDICORP for bringing the initiative to Aba.

 

Mba-Uzoukwu described Aba as a major economic centre whose residents are known for their resilience, creativity and entrepreneurial drive.

 

He said the state government was working to create an enabling environment for businesses to thrive, adding that improved infrastructure and reliable electricity supply were essential to increasing productivity and expanding economic opportunities.

 

According to him, the activation of Geometric Power under the Otti administration was part of efforts to address electricity challenges affecting Aba and its surrounding communities.

 

He further disclosed that the state government’s plan was to increase Geometric Power’s capacity from its current 141 megawatts to 500 megawatts to meet rising electricity demand in Abia and neighbouring areas.

 

Mba-Uzoukwu said the proposed expansion would support businesses, improve productivity and contribute to economic growth.

He added that Governor Otti remained committed to addressing infrastructure gaps and improving the business environment, particularly in Aba, which serves as the commercial hub of the state.

 

The governor’s representative expressed optimism that initiatives such as CREDICORP would complement the state’s efforts by providing entrepreneurs with access to financing needed to expand their operations.

 

 

Earlier in her opening remarks, CREDICORP Executive Director Aisha Abdullahi said Aba was widely associated with resilience, creativity, enterprise and hard work, but noted that financial constraints had prevented many entrepreneurs from fully realising their potential.

She explained that CREDICORP was working to bridge the financing gap by providing access to affordable credit that could help individuals and businesses expand their activities.

 

Abdullahi encouraged prospective beneficiaries to pay attention to the available financing options and carefully select the products best suited to their needs and repayment capacity.

 

She emphasised the importance of responsible borrowing, noting that credit should be used to support productive activities and improve livelihoods.

 

Also speaking, CREDICORP’s Executive Director, Olanike Kolawole, highlighted the Corporation’s commitment to supporting local manufacturers and expanding access to credit across the country.

 

Kolawole said the initiative was intended to make life easier for Nigerians by providing financing opportunities not only in the South-East but across the federation.

 

She explained that connecting consumers to locally manufactured goods through credit would help support domestic production while giving individuals access to products they might otherwise find difficult to purchase outright.

 

 

A representative of CREDICORP’s Legal Department, Viola Lekwauwa, educated participants on the legal implications of consumer credit and the rights of individuals accessing credit facilities.

 

Lekwauwa explained that lenders were expected to provide borrowers with clear information about the terms of their credit agreements, including the amount being borrowed, applicable interest rates, repayment schedules and other relevant conditions.

 

She stressed that prospective borrowers should understand the terms of an agreement before accepting a credit facility and should not be coerced into taking credit they did not want.

 

She also highlighted the importance of protecting borrowers’ personal information, explaining that data collected during the credit application process should be handled appropriately and used for the purposes for which it was obtained.

 

Lekwauwa urged applicants to provide accurate information when seeking credit and to develop clear repayment plans before committing themselves to any financial obligation.

 

Using the example of a transport operator acquiring a tricycle to generate income, she explained that borrowers should ensure that the assets or activities financed by credit could support their repayment plans.

 

She reminded participants that consumer credit was not free money and that borrowers had an obligation to repay their loans within the agreed period.

 

According to her, responsible borrowing and a clear understanding of credit terms were essential to ensuring that consumer credit improved people’s lives rather than creating additional financial difficulties.

 

 

The showcase also featured YouthCred, a CREDICORP initiative designed to connect eligible young Nigerians, including serving National Youth Service Corps (NYSC) members, with affordable credit opportunities.

 

The programme seeks to support young people’s financial journeys while encouraging responsible borrowing and the development of sound credit histories.

 

Through its various initiatives, CREDICORP aims to make consumer credit more accessible to Nigerians who need financing for essential purchases, productive assets and other eligible needs.

 

The event forms part of the Corporation’s wider engagements across the country, following similar activities in Lagos, Abuja, Ondo, Osun, Ogun, Rivers and Adamawa states.

 

CREDICORP has reported that it has enabled more than ₦53.5 billion in consumer credit for over 351,000 Nigerians since commencing operations, with women accounting for approximately 59 per cent of beneficiaries.

 

Established under the administration of President Bola Ahmed Tinubu, the Corporation is working towards the Federal Government’s objective of expanding consumer credit access to at least 50 per cent of working Nigerians by 2030.

 

The Aba showcase highlighted the potential of consumer credit to support traders, young people and transport operators while strengthening local production and enterprise development.

 

By combining affordable financing, borrower education and support for Nigerian manufacturers, CREDICORP seeks to turn consumer credit into a practical tool for improving livelihoods and expanding economic opportunities.

 

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