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There is what economists refer to as a backward-bending supply curve. It is a situation in which the labour is satisfied with what he earns as real wage and prefers leisure to more work and earnings. That is, higher wages would lead to a fall in labour supply. Though at the initial stage, higher wages
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The President of the Republic of Belarus, Alexander Lukashenko, on Wednesday said his country is ready to partner with Nigeria…
The Petroleum and Natural Gas Senior Staff Association of Nigeria has urged the Federal Government to increase its shares in the Dangote Petroleum Refinery from the current seven per cent to at least 45 per cent to enable assurance and energy security. It said this will ensure further energy assurance and security for the citizens.
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The Petroleum and Natural Gas Senior Staff Association of Nigeria has urged the Federal Government to increase its shares in the Dangote Petroleum Refinery from the current seven per cent to at least 45 per cent to enable assurance and energy security. It said this will ensure further energy assurance and security for the citizens.