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High cost of living: New minimum wage now inevitable, says Keyamo
***Says N70,000 minimum wage no longer adequate
*** Admits high cost of living has eroded workers purchasing power
*** Calls for FG, Labour meeting over new wages
By Sam Otuonye
Minister of Aviation and Aerospace Development, Festus Keyamo, SAN, has called on the federal government to interface with the Nigeria Labour Congress (NLC) and Trade Union Congress (TUC) to agree on a new minimum wage to confront the lingering hardship in the country.
Keyamo, a former minister of state for Labour and Employment said the current N70,000 national minimum wage is no longer inadequate to meet the economic pressures confronting Nigerian workers.
The minister,who made the declaration when he spoke at the 2026 National Pre-Retirement Summit organised by XEM Consultants Limited, said the rising cost of living had eroded the purchasing power of workers, adding that there is an urgent need for an upward review of wages in the country.
Keyamo also accused some state governments and other agencies of treating their workers poorly, alleging that they ignore priorities like workers welfare, while senior officials approve large sums for international trips.
He said, “I will have none of it. Without these workers, we will not have a country,” he said.
“It’s not the machines or everything that you [have]; it’s the human factor. Without that, no machine will move.”
The minister stressed that national development depended on prioritising the welfare of workers, describing the human factor as central to productivity and effective public service.
He argued that issues affecting workers’ welfare and productivity should receive priority over bureaucratic considerations, urging ministers and heads of government agencies to make workers’ interests a priority.
Earlier in his remarks, President of the Nigeria Labour Congress (NLC), Comrade Joe Ajaero, called on the Federal Government to use increased oil revenues to cushion workers and other Nigerians from the impact of rising fuel prices.
Ajaero noted that the recent increase in international oil prices had created additional revenue for oil-producing countries and urged the government to deploy part of the gains to support citizens facing higher transportation and food costs.
“As one of the oil-producing countries, they are making trillions because of the problem in the Strait of Hormuz. You can see that oil was pegged at maybe $70 or whatever dollars. It’s $100, so they are making an extra $30 or $40.
“Now, can’t you use this money to embark on some interventionary measures like other countries where this is affected, so that we’ll now be alive till the time when they will say minimum wage?”
The NLC president emphasised that minimum wage negotiations should focus on workers’ real purchasing power rather than nominal figures, taking into account inflation, fuel prices, food costs and other economic factors, saying that a nominally high wage could lose its value if the prices of basic commodities rose sharply.
“Assuming one naira is equal to $1, I would advise Nigerian workers to remain at ₦70,000 because that would be big money for them, but you can see that you can equally get one million naira and a bag of rice is ₦500,000, so what of that? What happens?
“Unless you index it either based on cost of living index or inflation, immediately inflation goes like this, automatically it will adjust to this, as it is affecting pension, so it affects salaries; and those are some of the things that will enable us to agree on something.”
On minimum pension, the NLC president said it should be negotiated alongside the minimum wage because workers and pensioners were both affected by prevailing economic conditions.
He explained that the next minimum-wage review was expected around March or April, stressing the need for an urgent government discussion with Labour over a new minimum wage
According to him, labour’s immediate concern was how workers could cope with the current economic pressures before the next review.
“This minimum wage is supposed to expire March–April, so the conversation ought to start early. That’s a three-year cycle,” he said.
“But now we are more concerned on ‘give us this day’ — how to survive today before that time. Because these policies of the fuel going up, jumping up, and the Nigerian government is making a whole lot of money from it.”
Ajaero also questioned the effectiveness of government measures designed to reduce transportation and energy costs, including the Compressed Natural Gas (CNG) programme.
“Are we even producing enough in terms of food, reliance on food? Now, between that time and now, the most troublesome problem for a worker, which happened to be transportation — the CNG policy, did it work? Where and where can you refill your tank? How many vehicles have been converted to CNG? How many electric vehicles are on the road?” he queried
He advised further that controlling factors such as inflation, transportation costs, food prices and currency pressures would make it easier for workers to cope with prevailing economic conditions.
The Chief Executive Officer of XEM Consultants Ltd. and convener of the summit, Dr. Eugenia Ndukwe, said the event was designed to equip senior professionals with strategies and skills for a productive and fulfilling retirement.
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Nigeria must avoid oil economy mistakes with data – Oyedele
By Sam Otuonye
Minister of Finance and Coordinating Minister of the Economy, Taiwo Oyedele, has cautioned that Nigeria risks repeating the costly mistakes of its oil economy if it continues to rely heavily on foreign infrastructure for storing and processing its data instead of harnessing the economic value of its expanding digital sector.
Oyedele gave this charge on Wednesday in Uyo, Akwa Ibom State, while delivering the convocation lecture titled *“Digital Sovereignty and Ethics: Guarding the Economy for the Next Generation”* at the University of Uyo.
He recalled that exporting crude oil and importing refined petroleum products deprived Nigeria of substantial domestic value, expertise and employment opportunities, stressing that the country must not allow a similar pattern to emerge in the digital economy.
Oyedele maintained that the scale of the opportunity was already evident, citing Nigerian Communications Commission (NCC) figures showing that Nigeria had more than 157 million active internet subscriptions as at May 2026. However, he highlighted an estimate by the Nigeria Data Protection Commission that over 90 per cent of the country’s data is hosted abroad.
He observed that such dependence comes at a considerable economic cost, including foreign exchange outflows for offshore data hosting and processing, lost opportunities for local businesses and professionals, and exposure of Nigerian data to foreign laws and jurisdictions.
The Minister explained that digital sovereignty entails a country’s ability to determine, under its own laws, how its data is collected, stored, accessed and utilised. He clarified that this does not mean shutting Nigeria out of the global digital economy, but ensuring that its participation advances national interests.
To reverse the trend, he called for deliberate investment in domestic digital infrastructure, stronger regulatory institutions and the development of local expertise and businesses capable of converting data into valuable products and services within Nigeria.
Speaking on artificial intelligence, Oyedele highlighted its growing capacity to reshape employment and the skills required in the emerging economy. He charged graduates to embrace AI and other emerging technologies while retaining their independent judgement, critical thinking, creativity, empathy and integrity.
He also enjoined young Nigerians to be deliberate about their conduct in the digital space, noting that their online footprints increasingly influence their personal and professional identities. Their posts, comments and reactions, he said, could shape how employers, institutions and society perceive them.
The Minister counselled graduates to disagree respectfully, challenge ideas rather than attack individuals, and understand that online attention does not necessarily translate into respect, popularity into credibility or virality into value creation. He equally drew attention to the capacity of artificial intelligence to amplify misinformation, impersonation and dishonesty, making ethical conduct and public trust increasingly important.
Turning to the role of universities, Oyedele charged higher institutions to move beyond the traditional award of certificates and position themselves as centres of innovation, entrepreneurship, ethical leadership and practical problem-solving.
He argued that their relevance should also be measured by the problems their graduates solve, the businesses they establish and the contributions they make to their communities.
The Minister identified agriculture, energy, healthcare, marine resources, environmental management and digital services as sectors offering significant opportunities for innovation and enterprise, calling on universities to equip students with the practical knowledge and skills to develop solutions in these areas.
He outlined five responsibilities for the graduating students: lifelong learning, value creation, integrity, responsible digital citizenship and active participation in nation-building.
Oyedele stressed that Nigeria’s digital future would depend not only on technology and infrastructure, but also on the values, choices and capabilities of the people shaping its development.
He challenged the graduates to see themselves as active contributors to that future, drawing on the words of management thinker, Peter Drucker: “The best way to predict the future is to create it.”
TCN seeks Bauchi govt’s partnership for new substations in Alkaleri, Toro
By Sam Otuonye
The Transmission Company of Nigeria (TCN), Bauchi Region, has appealed to the Bauchi State Government to expedite land allocation for two proposed transmission substations in Alkaleri and Toro Local Government Areas (LGAs) of the state which are expected to expand transmission capacity and improve bulk power supply across the state.
The Ag. General Manager (Transmission), Bauchi Region, Engr. Muhammed Bello Ahmed, made the appeal during a courtesy visit to the State Ministry of Land and Survey on Monday, November 2, 2026, emphasising the need for timely land allocation to facilitate project implementation.
He commended the state government for engaging host communities on the proposed projects and protecting critical transmission infrastructure through the enforcement of Right-of-Way (RoW) regulations, particularly the removal of illegal structures beneath high-voltage transmission lines.
In his response, the Permanent Secretary of the Ministry, Shuaibu Alhaji Mohammed, assured TCN of the state government’s support for the substation projects. He reaffirmed the Ministry’s commitment to facilitating the land allocation process and pledged to strengthen security around critical transmission facilities.
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CITAD challenges big tech dominance, advocates digital sovereignty
Abdul Haruna
The Centre for Information Technology and Development (CITAD) has argued that Nigerians should not have to surrender control over personal information to access digital communication.
The Centre stated this on Thursday while unveiling DANCIT, a homegrown messaging application designed as an alternative to mainstream platforms.
Buhari Abba, who addressed a press conference in Bauchi on behalf of the Executive Director of CITAD, said DANCIT is hosted on CITAD’s own digital infrastructure and is designed to limit unnecessary tracking, profiling and commercial exploitation of personal data.
He explained that the name DANCIT draws inspiration from the traditional Hausa concept of ‘dandali’ — a communal gathering place where people meet, exchange ideas and discuss matters affecting their lives.
“DANCIT is designed to offer an alternative by placing community needs, privacy and digital independence at the centre. Its purpose goes beyond exchanging messages; it is intended to support civic engagement, grassroots organising and digital rights discussions,” Abba said.
He said the platform represents a statement against continued monopolisation of digital innovation, noting that a healthy digital ecosystem requires space for competition, creativity and locally developed solutions.
CITAD also called on the Federal Government, civil society and educational institutions to support decentralised and locally-owned digital platforms to strengthen Nigeria’s digital sovereignty.
According to the Centre, digital sovereignty involves having the capacity to make informed decisions about digital infrastructure, data governance and technological development in ways that reflect national and community interests.
“Encouraging Nigerian institutions and communities to develop, host and manage digital services can contribute to building local capacity and reducing dependence on external providers. It does not mean isolating Nigeria from the global internet,” the statement said.
The organisation lamented that journalists, civil society organisations, young people and ordinary citizens increasingly depend on platforms that exploit data, amplify misinformation and impose arbitrary content restrictions.
It therefore urged policymakers, technology developers and the media to prioritise privacy, transparency, accountability and user control in discussions about Nigeria’s digital future.
CITAD also called on Nigerians to look beyond the popularity of mainstream platforms and consider how responsibly they handle information and respect users’ rights, adding that “our conversations matter, our data deserves protection, and our communities deserve digital spaces they can trust.”
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