House of Reps to set up committee for new wage

The House of Representatives has resolved to set up an ad hoc committee to ensure payment of a living wage to all workers in the country. Presenting the motion, Rep. Aliyu Madaki (NNPP-Kano State) said that the rising rate of inflation in the country had made it difficult for an average Nigerian to afford basic […]

President Tinubu sets up Tripartite Economic Advisory Committee

President Bola Tinubu has set up a tripartite economic advisory committee made up of representatives from the Federal and State governments as well as the Organised Private Sector. Speaking at a meeting with some state governors and stakeholders in the private sector in Abuja, President Tinubu who expressed concerns over the dwindling economy and rising […]

AfDB warns rising Cost Of Living may lead to Social Unrest

The African Development Bank has raised an alarm that RISING PRICES of fuel and other commodities could lead to SOCIAL UNREST in Nigeria, Ethiopia, Angola and Kenya. The bank sounded the warning in its macroeconomic performance and outlook for 2024, in which it projected Africa’s economy to grow higher than the 3.2 per cent recorded in 2023, but projected that growth will […]