President Bola Tinubu has commended International Energy Company (ENI) for its proposed new investment in Nigeria, reiterating his vision of making the nation more globally competitive and an investment destination. The President said that by exploring the possibilities of innovative thinking, strategic planning, new technology, and research into best practices, his administration’s reforms would reposition…
The Organised Private Sector (OPS), has warned that members cannot pay the N70,000 National Minimum Wage announced by the Federal Government without support. Adewale-Smatt Oyerinde, the director general of the Nigeria Employers’ Consultative Association (NECA) and spokesperson for OPS, responded to the announcement that President Bola Tinubu had approved N70,000 as the new national minimum…
President Bola Ahmed Tinubu has agreed to pay N70, 000 as the new minimum wage. Following the organised labour-government conference, this was revealed by Mohammed Idris, Minister of Information and National Orientation. Labour leaders attended the conference, including Festus Osifo, the president of the Trade Union Congress (TUC), and Joe Ajaero, the president of the…
The Peoples Democratic Party (PDP) Governors’ Forum has backed the demand for a new minimum wage by the Nigeria Labour Congress (NLC). According to reports, the governors also supported the federal government’s stance on granting autonomy to local governments. Following a marathon meeting in Enugu that lasted over four hours, Bauchi State Governor and Chairman…
The long-awaited national minimum wage announcement is expected today, Thursday, as President Bola Ahmed Tinubu meets with organised labour at the Presidential Villa. The meeting, a continuation of last week’s discussion, will see the President and labour leaders finalize negotiations on the new minimum wage. While the Federal Government has proposed N62,000, labour is holding…
Kano State Governor Abba Yusuf has signed a bill creating three additional second-class emirates in the state. According to reports, the legislation, passed by the Kano House of Assembly on Tuesday, establishes the Rano, Karaye, and Gaya emirates, all under the jurisdiction of the Emir of Kano, Muhammadu Sanusi II. The new emirates will have…
A request by former governor of the Central Bank of Nigeria, (CBN), Godwin Emefiele requesting access to his international passport to enable him to travel to the United Kingdom for a follow-up medical check-up has been rejected. The request was rejected by the Federal Capital Territory High Court. Recall that the Economic and Financial Crimes…
President Bola Tinubu is set to transmit the highly anticipated New National Minimum Wage bill to the National Assembly next week, barring any last-minute changes. According to Minister of Information and National Orientation, Mohammed Idris, President Tinubu is likely to take a final decision on the new minimum wage on Thursday this week. The minister…
The Minister of State for Agriculture, Aliyu Abdullahi, has assured Nigerians that the Federal Government is working to address the high cost of food prices in the country. This was said by the minister on Monday in an interview on Channels Television’s Sunrise Daily programme. According to data from the National Bureau of Statistics, Nigeria’s…
President Bola Tinubu has approved the appointment of Cornelius Oluwasegun Adebayo as the new Executive Secretary and Chief Executive Officer of the National Agricultural Land Development Authority (NALDA). Adebayo, the son of former Kwara State Governor Chief Cornelius Adebayo, is a seasoned engineer and expert in community and social development. A statement from the presidency…