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Senate Investigates Mambilla Hydroelectric Power Project

5 July 2024

The resolution was adopted after a motion moved Senator Manu Haruna representing Taraba Central in the Senate, on the urgent need to address the challenges of commencing the project. Lawmakers highlighted the failure of previous governments to prioritise the national project with its capacity to generate 3050 megawatts, and reposition the Ajaokuta Steel Complex with […]

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Labour to govs on minimum wage: Retrieve Nigeria from state of resentment, misery

24 June 2024

It also reiterated that the position taken by President Tinubu on the two proposals before him from the final report of the Tripartite Committee on the National Minimum Wage would determine its next line of action. Recall that the government team and organized private sector had made an offer of N62,000 on the last day […]

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Obi tackles Tinubu, stop downplaying our situation

22 June 2024

Obi said that rather than face the reality that we are the poverty capital of the World and the most insecure people and take decisive steps to stem the situation, the government is trying to play the ostrich even when the people are overwhelmed by the situation. Writing on his X handle the former Anambra […]

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Atiku, LP tackle Tinubu over Sallah day’s comment

19 June 2024

He also said that good economics at a harsh time was the challenge his administration must face, adding that no matter how difficult and how challenging it could be, he would not turn his back on Nigeria. President Tinubu, who spoke in Lagos when he received a delegation from the National Assembly who came to […]

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Households reduce consumption expenditure over high cost of living

18 June 2024

The report covering third quarter and fourth quarter 2023, indicated that Nigerian households reduced their consumption expenditure Year-on-Year (YoY)  to -13.7 percent during the period from -12.47 percent in Q4’22. The period covered by the report is approximately six months into the fuel subsidy removal and exchange rate floatation regime, the two policies that drove price instability […]

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Tinubu to send supplementary budget to NASS by July

18 June 2024

This was made known by the Chambers spokesperson, Yemi Adaramodu in a chat with The Punch, where he noted that the supplementary budget is still being computed by the executive and would be sent to the National Assembly after its July 2 resumption. He said, “The budget would be sent any time we resume after […]

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Minimum wage: I’ll approve what Nigeria can afford – Tinubu

13 June 2024

The President said this at a dinner to mark Nigeria’s 25 years of unbroken Democracy in Abuja. Tinubu thanked those who stood by him over the years, promising Nigerians that he won’t depart from the tenets of democratic governance. The President also pledged to bring down the prices of food items by tackling the menace […]

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FG Declares Wednesday Public Holiday To Mark Democracy Day

11 June 2024

In a statement, the Minister of Interior, Olubunmi Tunji-Ojo, who made the declaration on behalf of the Federal Government, congratulated Nigerians on the occasion. He urged Nigerians to remain steadfast on the tenets of democratic governance and reiterated President Bola Tinubu’s commitment to positive reforms to revive the nation’s economy and enhance security. The minister […]

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Nigerian sprinters, Ofili, Onwuzurike win at New York Grand Prix

10 June 2024

Onwuzurike, a former World U20 200m champion, took the men’s 100m title in 10.24 seconds, edging out American duo Kendal Williams (10.25 seconds) and Pjai Austin (10.26 seconds). This marks a strong showing for Onwuzurike as he heads into the Nigerian Olympic trials next weekend in Benin City, Edo State. However, the men’s race also […]

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Labour Never Contemplated ₦100,000 Wage Let Alone ₦62,000 — NLC

10 June 2024

Labour insisted on ₦250,000, its latest demand at the last meeting of the Tripartite Committee on Minimum Wage , as the living wage for an average Nigerian worker. NLC Assistant General Secretary, Chris Onyeka, who spoke with journalists on a television programme, insisted that labour would not accept the latest government’s offer of ₦62,000 and […]

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