Business

Recapitalisation: Labour Ministry charges banks to protect workers

Recapitalisation: Labour Ministry charges banks to protect workers

By Victor Ahiuma-Young & Omotola Aremo The Federal Ministry of Labour and Employment has cautioned banks and insurance companies against allowing workers to bear the brunt of the ongoing recapitalisation and restructuring in the financial sector. The Ministry made the call during the 2026 World Day for Decent Work celebration organised by the Association of […]
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PENGASSAN rejects plan to tax pensions, terminal benefits

PENGASSAN rejects plan to tax pensions, terminal benefits

PETROLEUM and Natural Gas Senior Staff Association of Nigeria, PENGASSAN,  has rejected the plan by both the Federal and state governments to tax pensions, gratuities and terminal benefits of workers in the country.