The Federal Government has increased its offer of a new national minimum wage to N62,000, while organized labour has reduced its demand from N494,000 to N250,000. Labour, private sector operators bicker over minimum wage Already the Tripartite Committee on New National Minimum Wage has
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The 36 state governors in the country have rejected the N60,000 minimum wage earlier proposed by the Federal Government. The governors said the N60,000 minimum wage was not sustainable. They noted that it would force some states in the country to borrow to pay workers’ salaries if the new take-home pay was implemented. They made […]
The presidential candidate of the Peoples Democratic Party (PDP) in the 2023 election, Atiku Abubakar, has accused the Bola Tinubu administration of diverting public funds through petrol subsidy, hence the refusal of the government to reveal how much is being spent on subsidy. Atiku said this in a statement on Thursday in reaction to a […]
The Federal Government has denied a report authored by the Minister of Finance and Coordinating Minister of the Economy, Wale Edun. This was contained in a statement by the Special Adviser to the President on Information and Strategy, Bayo Onanuga. In the statement, Onanuga said the documents from which stories were sourced had not become […]
Acute food insecurity is set to increase in magnitude and severity in 18 hunger “Hotspots”, among them Nigeria, a new United Nations early warning report has revealed. The report released on Wednesday spotlighted the urgent need of assistance to prevent famine in Gaza and the Sudan, and further deterioration in the devastating hunger crises in […]
No fewer than 30 state governments of the federation spent N986.64bn on recurrent expenditures, including refreshments, sitting allowances, travelling, utilities, etc., in the first three months of 2024, The PUNCH reports. The states’ budget implementation reports, which were obtained from Open Nigerian States, a website supported by BudgIT that acts as a repository for










