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Nigerian House of Representatives Introduces Bill to Criminalize Delayed Salary Payments by Employers
ByGovernMend Nigeria December 29, 2023December 29, 2023

The Nigerian House of Representatives has put forward a bill that aims to make the delayed or failed payment of employees’ salaries by employers and corporate entities a criminal offense in the country. Sponsored by Wale Hammed, a House member representing the Agege Federal constituency in Lagos State, the bill, titled ‘The Employees Remuneration Protection…

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Maritime Workers Union Condemns Absence of Opposing Party at Conciliation Meeting
ByGovernMend Nigeria December 29, 2023December 29, 2023

The optimism of over 5000 aggrieved Maritime workers, who were ordered to leave the Seaport in 2000 by the then Minister of Transportation, Chief Ojo Maduweke, has been buoyed by a recent conciliatory meeting facilitated by the Ministry of Labour and Employment. At a press briefing on December 26, 2023, the union’s executives expressed hope…

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Akwa Ibom Governor Urges Revenue Boost as N849.970 Billion Budget Raises Concerns
ByGovernMend Nigeria December 29, 2023December 29, 2023

Akwa Ibom State Governor, Pastor Umo Eno, has signed the State’s Appropriation Bill of N849.970 billion for the 2024 fiscal year into law. This action, which took place during an enlarged State Executive Council meeting on Thursday, reflects an increase from the initial N845.632 billion budget presented to the State House of Assembly on November…

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Calabar Carnival Parade Delights Audience with Vibrant Performances
ByGovernMend Nigeria December 29, 2023December 29, 2023

The city of Calabar came alive on Thursday as the Carnival Calabar festival took center stage with a vibrant parade of bands. The parade, spanning a 12-kilometer carnival route, featured bands adorned in colourful costumes dancing to the delight of a large audience comprising residents, tourists, and fun-seekers. Governor Bassey Otu of Cross River State,…

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Federal Agencies and Ministries Set to Spend N85 Billion on Vehicles in 2024 Budget Proposal
ByGovernMend Nigeria December 29, 2023December 29, 2023

An estimated sum of N85 billion has been earmarked for vehicle purchases by 12 federal government agencies and 13 ministries in the 2024 budget proposal. This amount surpasses the combined budgets of Nnamdi Azikwe University Teaching Hospital (NAUTH), Nnewi (N37.6 billion), University College Hospital, Ibadan (N27.2 billion), and Obafemi Awolowo University Teaching Hospital (OAUTH), Ife…

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Latest News Highlights from Nigerian Newspapers
ByGovernMend Nigeria December 29, 2023December 29, 2023

Source: Daily Post

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Nigeria’s Tax Reform: Committee Proposes Overhaul to Boost Economic Growth as New Tax Reforms Aim to Target the Rich
ByGovernMend Nigeria December 29, 2023December 29, 2023

The Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, Taiwo Oyedele, recently announced that the committee has developed a new tax regulation, which is set to amend existing laws. Speaking at a stakeholders’ forum organized by the Harvard Business School Association of Nigeria in Lagos, Oyedele revealed that the regulation is part…

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Naira Hits New Low Against the Dollar
ByGovernMend Nigeria December 29, 2023December 29, 2023

The Nigerian Naira faced a significant decline, hitting a new low on Thursday, December 28th, 2023, closing at N1,043.09 per dollar in the official market. This represents a 16.35% depreciation from its previous closing rate, raising concerns just days before the new year. This is the second time the Naira has crossed the N1,000/$ threshold,…

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Nigerian Journalist’s Shocking Experience Reveals Rising Trend of Electronic Fraud
ByGovernMend Nigeria December 29, 2023December 29, 2023

Emmanuella Olofu, a journalist in Abuja, experienced a shocking incident when she tried to pay her taxi fare using her mobile banking app, only to find her savings depleted. Despite a friend’s attempt to send her money, which also disappeared, her bank has not resolved the issue. This case is just one of many instances…

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Kano State Governor Signs N437 Billion 2024 Budget, Promises Prudent Management
ByGovernMend Nigeria December 29, 2023December 29, 2023

Kano State Governor, Engr. Abba Kabir Yusuf, has officially signed the 2024 appropriation bill into law, totaling N437 billion. The budget, which was recently passed by the state House of Assembly, allocates 64% to capital expenditure and 36% to recurrent expenses. Governor Yusuf has assured the public that his administration will uphold global standards of…

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