The NECA director-general cautioned against arbitrary wage proposals.
According to him, while there are signs of improved investor confidence, many domestic businesses, particularly MSMEs, continue to face operational challenges.
The DG said the ICJ did not define the content, scope or conditions for exercising strike rights in member states.
The Nigeria Employers’ Consultative Association has commended the President Bola Tinubu administration for inaugurating the governing board of the National Pension Commission.
She reaffirmed the ministry’s commitment to strengthening occupational safety and health systems nationwide.
NECA and NSITF have renewed calls for the effective nationwide implementation of the Employee Compensation Act 2010.
NECA DG said the modest rate cut must translate into real economic benefits for households and businesses across Nigeria to have a meaningful impact.
Mr Oyerinde said that the increase showed recognition of the value of workers.
The pause will continue in the mid-to-long term, pending a broader legislative review on the contentious annual dues cap.
NECA urged NATEP to align with key International Labour Organisation (ILO) conventions for ethical outsourcing practices.
