Labour awaits President Tinubu’s decision over proposed ₦62,000 New Minimum Wage

Labour awaits President Tinubu’s decision over proposed ₦62,000 New Minimum Wage

President of the Nigerian Labour Congress (NLC), Joe Ajaero, said yesterday that organised labour was awaiting President Bola Tinubu’s response to the proposed new minimum wage, before it’s next line of action. Ajaero said in an interview with The Nation that labour expected the President to make further consultation, before taking a final decision on […]

US Sanctions Palestinian Militant Group Lion’s Den

The US State Department announced on Thursday that it has sanctioned the West Bank-based Palestinian militant group Lion’s Den in response to its involvement in a series of violent incidents over the past two years. Lion’s Den, operating out of the city of Nablus, has been implicated in numerous violent attacks targeting Israeli settlements as […]

Senate Passes National Anti-Doping Bill

Senate Passes National Anti-Doping Bill

The Senate has also passed the National Anti-Doping Bill seeking to domesticate the United Nations Educational, Scientific and Cultural Organization’s convention against doping in sports. The Upper legislative chamber passed the bill for the third time, after the adoption of a report presented by the Chairman of the Committees on Sports Development and Judiciary, Human […]

Presidency denies N105,000 pay as Labour awaits new wage

Presidency denies N105,000 pay as Labour awaits new wage

The Presidency has denied reports that the Federal Government was proposing N105,000 as the new minimum wage. The Special Adviser to the President on Information and Strategy, Bayo Onanuga, described the report as false. The report followed the presentation of the cost implications of implementing a new national minimum wage to President Bola Tinubu at […]

Lack of Crude Supply Halts Funding for Nigerian Modular Refineries

International financiers poised to fund the construction of approximately 20 modular refineries in Nigeria have withheld their financial support, citing the lack of guarantees for crude oil supply to these facilities once they are completed. 

International financiers poised to fund the construction of approximately 20 modular refineries in Nigeria have withheld their financial support, citing the lack of guarantees for crude oil supply to these facilities once they are completed.  This development poses a significant setback for Nigeria’s efforts to boost its domestic refining capacity and reduce its dependence on […]

Federal Government Plans to Suspend Import Duties on Essential Items to Combat Inflation

The Federal Government is reportedly preparing to suspend the payment of import duties on staple food items, drugs, and other essential goods for an initial period of six months. 

The Federal Government is reportedly preparing to suspend the payment of import duties on staple food items, drugs, and other essential goods for an initial period of six months.  This initiative, aimed at curbing inflation, is detailed in an Executive Order titled “Inflation Reduction and Price Stability (Fiscal Policy Measures) Order 2024,” The PUNCH reports. […]

Injured Novak Djokovic withdraws from French Open

Injured Novak Djokovic withdraws from French Open

Defending champion Novak Djokovic has withdrawn from the French Open before his quarter-final with a knee injury. Serbia’s Djokovic had a scan for the injury today which revealed a “torn medial meniscus” in his right knee, having blamed the “slippery” Roland Garros clay courts for aggravating the problem during his fourth-round victory on Monday. The […]

President Tinubu asks finance officials to present cost implication of new minimum wage

President Tinubu asks finance officials to present cost implication of new minimum wage

President Bola Ahmed Tinubu has directed the Minister of Finance and Coordinating Minister of Economy, Wale Edun to come up with cost Implications on the new minimum wage and present affordable, sustainable and realistic figure within 48hours. The Minister of Information and National Orientation, Mohammed Idris who made this known today to newsmen, also disclosed […]

Senator Ninji back to duties after a three-month suspension

Senator Ninji back to duties after a three-month suspension

Senator Abdul Ningi, representing Bauchi Central, has resumed his legislative duties in the upper chamber after a three-month suspension, over budget padding claims. Upon his return today, Senator Ningi speaking at plenary, expressed his appreciation to the Senate for recalling him from suspension after spending 75 out of 90 days slammed on him on March […]