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02
Sep
N46,000 Proposed Minimum Wage for Nigerian Workers: How Sustainable?
Introduction The Nigerian Labour Congress (NLC) recently started agitating for a review of the national Minimum Act of 2010 that raised the minimum wage from N5,500 to N18,000 in 2010. However, the nagging question is “Can Nigeria afford to increase the minimum wage from the current N18,000 to N46,000...
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21
Aug
Rebooting Nigeria
Nigeria in its present state is analogous to a dysfunctional computer. In both instances, there is evident systemic failure arising from non-responsive applications and institutions not operating as intended. Such instancesrequire a rebootin order to overcome the redundancies. As Nigeria’s nascent democracy evolves, it is evident that the nation...
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21
Aug
Fiscal bailout: Time for states to recalibrate
In life and statecraft, there comes a time when delusion meets with reality. And so it is now, for twenty-eight Nigerian States and their elected leaders. The fiscal cliff confronting states that cannot meet their basic fiduciary obligations, including payment of salaries, is hardly surprising. This crisis is the...
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17
Aug
Buhari’s Minister: Where Are These Nigerians?
Introduction It has been said that the greatest liabilities of any leader are men and the greatest assets are also men; that is both male and female. The credibility of any leader is first known by the kind of men and women he parades as his foot soldiers....
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10
Aug
BUHARI’S HANDOUTS OR WELFARIST PROGRAMME?
Introduction As the 100 days of the new Nigerian government led by Muhammadu Buhari approach, keen watchers are already putting pen on papers on how far the President has gone in fulfilling his campaign promises. This is important not just because it is a practice all over the world...
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10
Aug
LIVING WAGE OR MINIMUM WAGE: ASSUAGING LABOUR’S DEMAND
All over the world the single objective of the labour union has always been to fight for the welfare of workers of which increase take home pay is the prime. The labour union is ready to bring any government to its kneel to ensure that its demand for increase...
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28
July
Measuring Happiness and Well-being for Sustainable Development in Nigeria
Introduction Since the beginning of the industrial revolution till date, achieving economic growth as measured by an increase in Gross Domestic Product (GDP) has been the ultimate goal of macro-economy. Using this approach, the real GDP per capita (corrected for inflation) gained traction amongst most economists and national planners...
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23
Apr
The Public Sector and the Paradox of Job Creation
With 54% unemployed youth population (NBS 2012), human capacity development is being seriously endangered in Nigeria to the extent that it is now capable of jeopardizing national security.
Although, currently with positive fundamentals (arising from current rebasing of the GDP…
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23
Sep
Exiting the fast lane of death
Unemployment has become a global issue and more emphasis has been placed on youth unemployment in recent times. According to International Labour Organization (ILO), the global youth unemployment is projected to reach 12.8% by 2018 while in Nigeria the…
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