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New Minimum Wage Bill Will Soon Be Sent To National Assembly, Says Tinubu

June 12, 2024 Omoniyi Osadare 0

President Bola Tinubu says an executive bill on the new minimum wage will soon be sent to the national assembly. In his Democracy Day speech on Wednesday, Tinubu said in the process of reforming the […]

News

JUST IN: FG Declares Public Holiday For 2024 Democracy Day

June 11, 2024 Omoniyi Osadare 0

The Federal Government has declared Wednesday, 12th June, 2024 as a Public Holiday to commemorate this year’s democracy day celebration. The Minister of Interior, Hon. Dr. Olubunmi Tunji-Ojo who made the declaration on behalf of […]

News

Why The NLC’s Tactics Hurt More Than They Help – Part 2

June 11, 2024 Omoniyi Osadare 0

With all that was said in the first part of this argument, given the NLC’s strong stance, it is plausible that the government will concede to some degree on wage increases for civil servants. That […]

News

Hoodlums Jump Fence, Steal Sallah Ram In FCT Council

June 11, 2024 Omoniyi Osadare 0

Some hoodlums scaled a fence and stole a ram kept by one Malam Mundi Shuaibu for the Eid el-Kabir at Unguwar Sabon-Tasha in Abaji Area Council of the FCT. City & Crime reports that the […]

News

RCCG City of David Undergoing Audit As Iluyomade’s Replacement Resumes

June 11, 2024 Omoniyi Osadare 0

Pastor Charles Kpandei, who replaced a former Pastor of the Redeemed Christian Church of God’s City of David parish in Lagos State, Idowu Iluyomade, resumed at the parish on Sunday. According to Church Times, on […]

News

Concerns Rise Over Teaching As Over Nine Million Fail UTME In Seven Years

June 11, 2024 Omoniyi Osadare 0

The poor performance of students at the Unified Tertiary Matriculation Examination has raised concerns over system issues like unqualified teachers dotting the educational landscape, ‘LAOLU AFOLABI writes About 9.17 million out of a total of […]

News

FG Fails To Lift Import Levy Despite Rising Medical Costs

June 11, 2024 Omoniyi Osadare 0

The federal government has failed to lift the crippling levy on medical imports despite its spiral effect on the surging cost of health services. Healthcare providers, pharmaceutical manufacturers, and drug distribution businesses face about 5 […]

News

FAAC: FG, States, LGAs Shared N1.1trn In May — Down By N60bn

June 11, 2024 Omoniyi Osadare 0

The federation account allocation committee (FAAC) says the three tiers of government shared N1.14 trillion for May. The figure represents a decrease of N60 billion compared to the N1.20 trillion shared in April. FAAC made […]

News

Tinubu Fires Arase, Appoints Retired DIG Argungu As PSC Chairman

June 11, 2024 Omoniyi Osadare 0

President Bola Tinubu has approved the appointment of Hashimu Argungu, retired Deputy Inspector General of Police (DIG) as the Chairman of the Police Service Commission (PSC). With his appointment, Solomon Arase, retired Inspector General of […]

News

Minimum Wage: Labour Insists On N250,000, Awaits Tinubu’s Verdict

June 11, 2024 Omoniyi Osadare 0

Organised Labour has insisted on its N250,000 new minimum wage proposal, stating it would not negotiate what it described as ‘starvation wage.’ The Assistant General Secretary of the Nigeria Labour Congress, Chris Onyeka, said labour […]

News

Presidency Denies N105,000 Pay As Labour Awaits Tinubu’s Offer

June 7, 2024 Omoniyi Osadare 0

The Presidency on Thursday 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. […]

News

Saudi Declares June 16 Sallah Day

June 7, 2024 Omoniyi Osadare 0

Saudi Arabia has announced the sighting of the Dhul Hijjah crescent which signaled the beginning of the 12th Islamic month. The announcement was made on Thursday. Consequently, tomorrow will mark the beginning of the holy […]

News

After Countless Denials, FG Admits To N5.4trn Oil Subsidy In 2024

June 7, 2024 Omoniyi Osadare 0

In a surprising turn of events, the federal government has finally admitted Africa’s biggest oil-producing country will be spending up to N5.4 trillion on oil subsidies in 2024. This comes after months of repeated denials […]

News

Journalists Don’t Have Immunity, Can Be Arrested, Says Police

June 7, 2024 Omoniyi Osadare 0

The Nigeria Police Force, on Thursday, denied allegations that it was out for witch-hunt against journalists, in a bid to suppress press freedom, through the application of the amended Cybercrime Act 2024. The Force said […]

News

Purchasing Power, GDP, Foreign Trade… Tinubu’s First Year By Economic Indicators

June 7, 2024 Omoniyi Osadare 0

On May 29, 2023, President Bola Tinubu made several promises during his inauguration speech to rekindle hope in Nigerians searching for light at the end of the tunnel. Tinubu promised a decline in unemployment and […]

News

Agora Policy: FX Gain Now a major source of FAAC Revenue

June 7, 2024 Omoniyi Osadare 0

Agora Policy, an Abuja-based think tank, says a major contributor to the federation account allocation committee (FAAC) is the foreign exchange (FX) gains. In a report on Thursday, titled, ‘How Exchange Gain Became a Major […]

News

Akume: Labour Committed Treason By Shutting Down National Grid

June 7, 2024 Omoniyi Osadare 0

George Akume, secretary to the government of the federation (SGF), says the labour committed treason by shutting down the national grid during the nationwide strike. Akume spoke in Abuja on Thursday during a meeting with […]

News

Labour Leaders Must Reconsider Wage Demand To Avoid Layoffs — Rewane

June 5, 2024 Omoniyi Osadare 0

The Managing Director of Financial Derivatives Company, FDC, Mr. Bismarck Rewane, has urged the Nigerian Labour Congress, NLC, to reconsider its stance on benchmarking the minimum wage demand on dollar exchange rate, saying that it […]

News

Strike: FG Offers ‘Above’ N60,000 Minimum Wage As NLC/TUC Revert To Organs

June 4, 2024 Omoniyi Osadare 0

ABUJA: The Federal Government has said it is ready to pay higher than N60,000 as minimum wage, urging organized labour to take the offer. It did not however state the specific amount. @VANGUARD ECONOMIC DISCOURSE: […]

News

‘An Intent To Pauperise Nigerians’ — Labour Faults FG’s Disposition To Minimum Wage Negotiation

June 4, 2024 Omoniyi Osadare 0

The Nigeria Labour Congress (NLC) and the Trade Union Congress (TUC) say the federal government’s disposition to the minimum wage negotiations indicates an intent to pauperise Nigerians. On Friday, NLC and TUC declared an indefinite […]

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