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FG, Labour To Reconvene Next Week Over Minimum Wage Negotiation
An invitation letter sent to the labour leaders by the chairman of the committee, Bukar Goni, states that the other members of the committee have agreed to shift grounds from the N48,000 proposal.The letter appealed to the labour leaders to speak to their members and attend the reconvened meeting next Tuesday.The organised labour comprising the […]
FG opens student loan application portal May 24
The announcement was made in a statement by the media lead for the NELFund, Nasir Ayantogo.Ayantogo, in the statement, said the opening of the application portal marked a significant milestone in the commitment of President Bola Tinubu to fostering accessible and inclusive education for all Nigerian students.Recall, on June 12, 2023, Tinubu signed the Access […]
Tinubu okays payment of N3.3tn power sector debts
Consequently, about N1.3tn owed power generating companies by the Federal Government will be paid via cash injections and promissory notes, while about $1.3bn using the current official closing rate) owed to gas companies will be paid via cash and future royalties.Already, the Federal Government has commenced payment of the cash part of the N1.3tn debt […]
Tinubu Inaugurates Critical Gas Infrastructure Projects, Reassures Investors
The President inaugurated three milestone projects, which are the expanded AHL Gas Processing Plant; the ANOH Gas Processing Plant, and the 23.3km ANOH to Obiafu-Obrikom-Oben ,OB3, Custody Transfer Metering Station Gas Pipeline.Speaking during the virtual inauguration of the projects at the State House, President Tinubu also assured citizens that his administration is stepping up its […]
Labour Unions Walk Out Of Minimum Wage Negotiations, Blast FG
Angered by the N48,000 proposal by the Federal Government as the national minimum wage, the labour unions described the offer as ridiculous.The NLC President, Joe Ajaero, explained that the government is not serious about negotiating with the Labour on the new minimum wage.Ajaero explained that the FG does not have the necessary data to negotiate […]
Osun govt appoints, approves elevation of 17 monarchs
The appointments of the monarchs, according to a statement by the state Commissioner for Information and Public Enlightenment, Kolapo Alimi, was approved after the state executive council observed the necessary administrative processes and relevant laws.Alimi also revealed that the Council approved the restoration of Chief Omolola Afilaka in Atakunmosa East local government as the Alatorin […]
EFCC Arrests 13 Fake BDC Operators In Lagos
A statement by the commission’s Head, Media & Publicity, Dele Oyewale said they were arrested for operating BDC without an appropriate licence.The suspects are Abdulahi Musa, Garba Abdullahi, Dauda Hussaini, Jubril Musa, Abdulwaheed Iliyasu and Abubakar Mohammed.Others are Umar Saidu, Nurudeen AbdulAzeez, Hamidu Usman, Yusuf Isa, Musa Ishaka, Liman Makki and Idris Mohammed.They were arrested […]
Emefiele gets N300m bail over new Naira note printing
Emefiele pleaded not guilty when the charge brought against him by the Economic and Financial Crimes Commission ,EFCC, was read.The former Governor of the CBN is the sole defendant in the charge before Justice Maryanne Anenih of the High Court of the Federal Capital Territory ,FCT, in Maitama.Other conditions attached to the bail include that […]
Tinubu, Shettima To Pay For Access Into Airports As FG Makes Payment Of E-Tags Compulsory
The Minister of Aviation and Aerospace, Festus Keyamo, stated while briefing State House Correspondents shortly after the Federal Executive Council ,FEC, meeting. According to the Minister of Information, Mohammed Idris, the Council could not take all the memos that were to be presented by members.Keyamo said no one would be exempted paying for access into the […]