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Today’s Headlines: Mass Metering: Senate approves Tinubu's $500m loan request, Factory Worker Electrocuted in Lagos

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Senate Approves Tinubu's $500m Loan Request 

Photo credit: premium times 

The Senate on Wednesday approved President Bola Tinubu’s request to obtain a loan of $500 million to finance the mass metering programme of the federal government.

The Deputy Senate President, Barau Jibrin, who presided over the plenary, announced the approval after a majority of the lawmakers supported it through a voice vote.

The loan was considered and approved by the Committee of the Whole.

Factory Worker Electrocuted in Lagos

A factory worker in Lagos was electrocuted while refilling an industrial chiller with water. The incident, reported by the company manager to the Aswani Police Division, occurred on Tuesday evening. Despite efforts to save him, the worker was pronounced dead upon arrival at Isolo General Hospital. The police have launched an investigation into the case.

LP Convention: National Chairman, Abure holds first media briefing

Julius Abure, the National Chairman of the Labour Party (LP), is preparing to hold his first media briefing since the disputed national convention held in Nnewi, Anambra State, in March. The briefing aims to address contentious issues within the party and promote unity among its members. Abure has been actively engaging in activities to foster cohesion within the LP ranks over the past month, as confirmed by the National Publicity Secretary, Obiora Ifoh.

Minimum wage: Labour insists on May 31 deadline as talks resume today

Photo Credit: Punch Newspapers

After several weeks of hiatus, the tripartite committee set up by the Federal Government will finally meet today (Wednesday), May 15, 2024, sources familiar with the matter confirmed the development to our correspondent in Abuja on Monday.

The Labour unions also stood their ground on their proposal of N615,000 minimum wage while insisting on the May 31, 2024 deadline.

The development comes after the failure of the Federal Government to present a nationally acceptable minimum wage to Nigerians following the expiration of the old minimum wage on April 18, 2024.

President Bola Tinubu, through Vice President, Kashim Shettima, on January 30, 2024, inaugurated the 37-member tripartite committee to come up with a new minimum wage.

With its membership cutting across federal, and state governments, the private sector, and organised labour, the panel is to recommend a new national minimum wage for the country.

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