•NLC President Joe Ajaero There are strong indications that Organised Labour will push for N500,000 as the minimum wage as the zonal public hearing on the new wage structure begins on Thursday (today) in Lagos, Kano, Enugu, Akwa Ibom, Adamawa, and Abuja. The President of the Nigeria Labour Congress, Joe Ajaero, in an interview on […]
•Some state governors At least 24 states of the federation will not be able to pay workers salaries this year without having to wait for federal allocations from the central government, findings have revealed. Only 11 out of the 36 state governments of the federation can independently pay their workers’ salaries without depending on federal [&...
•Buhari and Tinubu The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has blamed the current inflation in the country on printing of trillions of naira during the administration of President Muhammadu Buhari “without productivity.” The minister spoke yesterday during an interface with the Senate Committee on Finance, ...
Distribution Companies, TCN summoned Electricity Distribution Companies (DisCos) are to be held accountable henceforth for poor power supply in the country, the federal government said yesterday. Tough sanctions, including licence revocation, await them, Power Minister Adebayo Adelabu threatened, reports The Nation. “Moving forward, I’m commit...
•House of Reps Members of the House of Representatives today tasked the federal government on the need to accede to clarion call by the Nigeria Labour Congress (NLC) by providing living wage for workers across the country. This is as the lawmakers warned that, “unless very immediate and pragmatic steps are taken to improve the […]
•Bags of cement Dangote, BUA, Lafarge and other cement major manufacturers agreed to reduce the price of cement after a meeting with the federal government. The meeting initiated by the minister of Works, David Umahi was also attended by the minister of Industry, Trade, and Investment, Uzoka-Anite, in Abuja on Monday, February 19, 2024, report...
•Ngozi Okonjo-Iweala The World Trade Organisation, yesterday, charged Nigeria and other African countries to improve the quality of their shea exports, as a lot of the commodities do not meet the sanitary and phytosanitary measures required for export. It also pointed out that despite the clear benefits and advantages in the production of shea...
In an indication that the manufacturing industry in the country is going through severe foreign exchange pressure, Dangote Sugar Refinery recorded its first loss in 13 years. A growing number of manufacturers including Guinness Nigeria Plc, International Breweries Plc, PZ Cussons Nigeria Plc, Nigeria Breweries Plc and Cadbury Nigeria Plc have ...
•Senator Musiliu Obanikoro Former Minister of State for Defence, Musiliu Obanikoro, says the federal government may be filling the widening gap between the United States’ dollar and Nigeria’s naira in the final price of Premium Motor Spirit (PMS) also known as petrol. Obanikoro, a former lawmaker who represented Lagos Central Senatorial Distri...
•Apapa gridlock The Oshodi-Apapa expressway and environs were yesterday, blocked, while motorists and road users were stranded for several hours because of indiscriminate parking by oil tankers and container drivers. Motorists spent several hours in traffic from Second Rainbow down to Berger Yard, inward Coconut, and ports axis, reports Vangua...

