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BREAKING: Wale Edun submits minimum wage cost to Tinubu

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The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has submitted the projected cost implications of implementing a new national minimum wage to President Bola Tinubu.

Edun, along with the Minister of Budget and National Planning, Atiku Bagudu, presented President Tinubu with the cost implications of the new minimum wage in his office at the presidential villa in Abuja on Thursday.

Speaking with State House correspondents after meeting with the President, Edun verified the submission and reassured that “there is no cause for alarm.”

Edun’s submission of the cost implication follows a 48-hour ultimatum issued to him by President Tinubu on Tuesday during a meeting with the government negotiation team on the new minimum wage led by the Secretary to the Government of the Federation, Senator George Akume.

Other team members at the meeting included the Ministers of Labour and Employment, Nkeiruka Onyejeocha, and Information and National Orientation, Mohammed Idris, as well as the Group Managing Director and Chief Executive Officer of the Nigeria National Petroleum Company Limited (NNPCL), Mele Kyari.

Recall that organised labour, comprising the Nigeria Labour Congress and Trade Union Congress, had embarked on a nationwide strike on Monday to demand an increased minimum wage for workers and the reversal of the recently increased electricity tariffs.

However, the labour union leadership suspended the strike on Tuesday for five days after signing a commitment with the Federal Government to resume negotiations and come up with a new minimum wage within a week.

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UPDATE: Four-storey building collapses in Lagos (Photos)

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A four-storey building has collapsed in Ojodu-Berger area of Lagos, with occupants trapped, and some feared dead.

Panic gripped residents when the uncompleted building suddenly collapsed on Saturday.

The building houses the popular Equal Right Restaurant.

The incident happened at about 11a.m., today.

As of press time, men of Lagos State Fire and Rescue Service, as well as the Lagos State Emergency Management Agency, LASEMA, who had been contacted have arrived at the scene.

See photos below:

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BREAKING: Many feared trapped, as Building collapses in Ojodu Lagos

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An unspecific number of people are believed to be trapped under an uncompleted storey building which collapsed in Lagos.

The building housing Equal Rights restaurant located at Oremeta Street, Ojodu Lagos, went down on Saturday morning.

It is believed, however, that some people are still trapped underneath the rubble.

Details later….

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Police rescue 10 kidnapped University of Benin students

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Edo State Police Command says it has rescued 10 University of Benin, UNIBEN, students abducted by suspected kidnappers at Ofosu area along the Benin-Ore expressway.

It was gathered that the students were on their way to Babcock University for Annual GYC Africa Conference when they were kidnapped on April 16 at the community bordering Edo and Ondo States.

The Public Relations Officer of the Command, Moses Yamu disclosed this in a statement made available to newsmen.

Yamu said the rescued students are eight males and two females.

He said during the rescue operation, one of the suspected kidnappers was killed, while other escaped with bullet wounds.

He also disclosed that one of the Police officers, an Inspector sustained gunshot injury and is currently responding to treatment in an undisclosed hospital.

The statement read: “The Command wishes to update the general public of the unfortunate kidnap of some students who were on their way to Babcock University for Annual GYC Africa Conference on 16/04/2025 at a location bordering Edo and Ondo States.

“On receipt of this information, the Commissioner of Police, Monday Agbonika, immediately deployed operatives of the Ohosu Division, IRT, tactical teams alongside vigilantes and hunters into the bushes for possible rescue of the victims and arrest of suspects.

“During the operation, operatives engaged in a gun duel with these kidnappers. In the process, one of the kidnappers was neutralised, while others escaped with bullet wounds.

“The operatives were cautious to avoid collateral damages as the kidnappers used the victims as human shields. Unfortunately, an Inspector of Police sustained a gunshot injury and is currently responding to treatment.

“This rescue effort eventually paid off as the ten (10) kidnapped students comprising eight (8) male and (2) females were released due to intense pressure mounted on them.”

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