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Nigerian labour law looks into the rights, working conditions, minimum wage, termination clauses, and many other rules set by the government of Nigeria.The current version of the act was put into place in 2004, five years after their current constitution was established.
The democratic government of Shehu Shagari (1979 - 1983) built on the earlier initiatives and began planning for a training institute to be located at Ilorin in 1983. [14] In 1986, a decree establishing the National Institute of Labour Studies was enacted, the new legislation placed made it a statutory center within the Federal Ministry of ...
Compensation and benefits refer to remuneration to employees from employers. Which is the payments or rewards provided to an individual for the work that has been completed. Compensation is the direct monetary payment received for work performed, commonly known as wages. This is the compensation that employees earn for their work or ...
Nigeria gained full independence in October 1960 under a constitution that provided for a parliamentary government and a substantial measure of self-government for the country's three regions. Since then, various panels have studied and made recommendations for reforming of the Civil Service, including the Margan Commission of 1963, the Adebo ...
Waged employees may also receive tips or gratuity paid directly by clients and employee benefits which are non-monetary forms of compensation. Since wage labour is the predominant form of work, the term "wage" sometimes refers to all forms (or all monetary forms) of employee compensation.
When I took over Term Sheet at the end of 2021, it was nearly impossible to keep up with all the IPO filings. As I step away, here I am documenting a trail of unicorn companies that have shut down ...
A term sheet is a bullet-point document outlining the material terms and conditions of a potential business agreement, establishing the basis for future negotiations between a seller and buyer. It is usually the first documented evidence of a possible acquisition . [ 1 ]
The Nigeria Union of Local Government Employees (NULGE) is a trade union representing municipal workers in Nigeria. The union was founded in 1978, when the Government of Nigeria merged the following unions: [1] Amalgamated Union of County and District Council Labourers of Nigeria; L. C. C. Mechanical, Clerical and Allied Workers' Union