A former President of the Benin Republic, Nicephore Soglo, has accused Saudi Arabia and Qatar of funding Boko Haram, an insurgency that has grown to constitute a threat to the Western African Region. Soglo, who spoke at the constitutional term limits summit in Niamey, Niger Republic, said Africans must stand united to solve their own problems including all security challenges and be able to identify its friends. Soglo emphasised multiple times that “Boko Haram is funded by our friends from Saudi Arabia and our friends from Qatar.” Nigeria’s former President, Goodluck Jonathan, is attending the event which is organised by the National Democratic Institute (NDI).

Data from the NBS shows that the number of contract staff in Nigerian banks rose by 6 percent to reach 46,263 in June 2019. An analysis of the data showed that there has been an upsurge in the bank staff strength in the last five years and it is rising by double digits. Staff in Nigerian banks are categorised into the executive staff, senior staff, junior and contract Staff. The number of bank staff in Nigeria rose from 77,096 in 2017 to 104,364 in 2019, the report said, as the contract staff employment surged the highest among staff categories. Only the numbers of contract staff rose while others dropped. According to experts in the industry, it costs banks less to employ contract casual staff while the process of retrenching them is also easy, therefore, contract staffing has become a preferred recruitment option for banks.

Labour unions in Nigeria have threatened to embark on a nationwide strike from 16 October if deliberations on minimum wage adjustments do not resume. Speaking after a meeting with the trade union arm of the Joint National Public Service Negotiating Council, Ayuba Wabba, the Nigeria Labour Congress president, Quadri Olaleye, the Trade Union Congress president, and Simon Anchaver, acting chairman of JNPSNC, said they have demonstrated restraint and patience with the government and warned that the unions would “not guarantee industrial harmony” if their demands are not met. They noted that the unions have had to moderate their initial position of having 66.6 percent upward salary adjustment for workers on salary grade level 07-17 by accepting downward adjustment of 29 percent for officers on salary levels 07-14 and 24 percent adjustment for officers on salary grade levels 15-17. They said despite their “patriotic gesture”, the FG has kept insisting that it can only pay 11 percent for officers on grade levels 07-14 and 6.5 percent consequential wage increase to public workers for officers on levels 15-17. The nonchalant attitude of the government negotiating side has dragged negotiations for consequential wages adjustment unduly, the unions said. The new national minimum wage of ₦30,000 per month was signed into law by President Buhari on 18 April but has not been implemented because the FG and the unions have failed to reach an agreement on the adjustment of salaries.

The Nigerian government did not capture the salaries of 30,000 personnel it is planning to recruit into the Army, Police, and other paramilitary agencies next year, in the 2020-2022 Medium Term Expenditure Framework and Fiscal Strategy Paper. The joint National Assembly Committee on Finance and National Planning on Thursday submitted the documents to the Senate at plenary. Presenting the report, the Chairman, Senate Committee on Finance, Solomon Adeola, also said the joint panel recommended the adoption of $57 per barrel as crude oil benchmark and added that it reduced borrowings with over ₦200 billion because of the expected revenue from the Nigerian Customs Service. The document showed an increase in the proposed total estimated expenditure of the FG from ₦10.002 trillion to ₦10.7294 trillion. Nigeria, President Buhari, has informed the Senate that he intends to present the 2020 Appropriation Bill to a joint session of the National Assembly next Tuesday.