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 […]

Saudi Arabia declares June 16 Sallah day

Saudi Arabia declares June 16 Sallah day

Saudi Arabia has announced the sighting of the Dhul Hijjah crescent which signaled the beginning of the 12th Islamic month. Consequently, tomorrow will mark the beginning of the holy month.  Also, the Hajj pilgrimage for 1445 AH-2024 will commence on Friday, June 14, with the day of Arafah falling on Saturday, June 15. With the […]

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Defending champion Novak Djokovic has withdrawn from the French Open before his quarter-final with a knee injury.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 […]

Minister of works in shock as Vandalization continues

Minister of works in shock as Vandalization continues

Minister of Works, Engr. David Umahi has expressed shock that reports of vandalization are still being recorded despite the presence of the private security outfit deployed by the Federal Ministry of Works to man the area. The reaction followed the minister’s receipt of a report on the activities of vandals of the expansion joints on […]

INEC extends voters registration for Edo

INEC extends voters registration for Edo

Following a review meeting held with stakeholders, the Independent Electoral Commission (INEC), said it has extended voters’ registration for Edo and Ondo States respectively. Registration was earlier slated to end on the 5th of June, 2024 in the two states. However, a statement by the commission said following appeals by stakeholders, the date has been […]