News

Tinubu Promises New Minimum Wage and Improved Working Conditions
Employment, Labour, News, Nigeria

Tinubu Promises New Minimum Wage and Improved Working Conditions

President Tinubu has promised to implement a new minimum wage and improved working conditions for Nigerian workers. This message was passed on during the workers' day celebration where he was represented by Vice President Kashim Shettima. He expressed appreciation for the hard work and contributions of Nigerian workers to the nation's prosperity and stability. Assuring workers of a new minimum wage and improved working conditions, President Tinubu stated, "The Tripartite Committee on Minimum Wage has been diligently working, and I assure you that your days of worrying are over. Indeed, this government is open to the committee’s suggestion of not just a minimum wage but a living wage." Highlighting the significance of industrial harmony, he praised workers for their indispensable rol...
NLC Gives Govt. Up to May 31st to Implement N615,000 Minimum Wage
Employment, Labour, News, Nigeria

NLC Gives Govt. Up to May 31st to Implement N615,000 Minimum Wage

Organized labor has issued a deadline to the Federal Government, demanding the conclusion of minimum wage negotiations by May 31, threatening nationwide industrial action if the deadline is not met. At the May Day celebration held at the Eagle Square in Abuja, labor reiterated its call for a minimum wage of N615,000 and presented an 18-point demand to the government. The demand included the completion of minimum wage negotiations by May 31 and a threat to shut down the country if the government fails to comply. President Bola Tinubu pledged to improve workers' welfare by working on a new minimum and living wage. However, labor leaders expressed skepticism about the government's commitment to addressing their demands. The Nigerian Labour Congress (NLC) and the Trade Union Congress...
It’s Tariff Hike or Total Blackout – Minister of Power
Economy, News, Nigeria, Power

It’s Tariff Hike or Total Blackout – Minister of Power

Nigerians appear to be facing a choice between complete power blackout or tariff hike. This is the conclusion going by the statement issued by the Minister of Power, Adebayo Adelabu. According to him, Nigeria faces a looming threat of nationwide power cuts within three months if the government doesn't proceed with the electricity tariff hike. The Minister delivered this warning during a meeting with the Senate Committee on Power. Adelabu explained that Nigeria's power sector is in trouble due to a huge debt of N3 trillion. To avoid a blackout, the government needs to raise electricity tariffs. Adelabu said they need N2.8 trillion to subsidize electricity for the rest of the year. See Also: Power Tariff Hike: FG Discontinues Electricity Subsidy He also shared that Nigeria needs $1...
Expect Two More Weeks of Fuel Scarcity – IPMAN
Economy, News, Nigeria, Petroleum

Expect Two More Weeks of Fuel Scarcity – IPMAN

The Independent Petroleum Marketers Association of Nigeria (IPMAN) has projected that the ongoing petrol scarcity, which is spreading to more states across the country, will take at least two weeks to normalize. Meanwhile, the Nigerian National Petroleum Company Limited (NNPCL) has assured the public that it possesses adequate stock of the product. According to Chinedu Ukadike, the Public Relations Officer of IPMAN, the scarcity is primarily due to importation bottlenecks, slow pace of marketers' license renewal by the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), and maintenance activities at European refineries. He noted that only a fraction of marketers have had their licenses renewed by NMDPRA, leading to a disruption in the supply chain. Ukadike exp...
Tinubu Can’t Move Nigeria Forward – Suswam
Economy, Interview, News, Nigeria

Tinubu Can’t Move Nigeria Forward – Suswam

Former Governor of Benue State and Senator representing Benue North-East Senatorial District in the 9th National Assembly, Gabriel Suswam, has launched scathing criticism against the leadership of President Bola Tinubu, claiming it lacks the capacity to improve Nigeria's economic fortunes. In an interview on Channels Television's Newsnight program, Suswam articulated his views on the current economic state of the nation and his assessment of the Tinubu-led administration's policies. Suswam commenced by reflecting on the administration of former President Muhammadu Buhari, opining that the "Change" mantra adopted during Buhari's tenure did not deliver the anticipated positive outcomes. He argued that the economic policies implemented during those eight years laid the groundwork for the ...
Bobrisky Sentenced to Six Months in Jail for Naira Abuse
Economy, Judiciary, Lagos News, News, Nigeria

Bobrisky Sentenced to Six Months in Jail for Naira Abuse

Popular social media influencer and cross-dresser, Idris Okuneye, famously known as Bobrisky, has been sentenced to six months in custody for the abuse of the Nigerian currency, the naira. The verdict was delivered by Justice Abimbola Awogboro of the Federal High Court in Lagos. Bobrisky's legal troubles began when he was charged by the Economic and Financial Crimes Commission (EFCC) with multiple counts of naira abuse and money laundering. The charges stemmed from incidents where Bobrisky was seen spraying and flaunting wads of new naira notes at various social events. During the trial, Bobrisky pleaded guilty to the charges, admitting to tampering with large sums of Nigerian currency during social gatherings. The judge, after convicting him, emphasized that the sentence was intend...
King Charles III Diagnosed with Cancer: Royal Family and World Leaders Send Well Wishes
News, United Kingdom

King Charles III Diagnosed with Cancer: Royal Family and World Leaders Send Well Wishes

Buckingham Palace has announced that King Charles III has been diagnosed with cancer, leading to an immediate initiation of treatment that will necessitate his withdrawal from public duties for the immediate future. The 75-year-old monarch, who recently underwent treatment for a benign enlarged prostate, will now focus on receiving regular outpatient treatments. The diagnosis was made following a recent hospital procedure, during which a separate issue of concern was identified. While Buckingham Palace has not disclosed the specific type of cancer, they have clarified that it is not prostate cancer. Despite the challenging circumstances, the king remains optimistic about his treatment, with Buckingham Palace affirming that he is wholly positive about the medical intervention. In lig...
Potential Implications of Seizing Domiciliary Accounts in Nigeria: Insights from a Financial Expert
Economy, Finance, News, Nigeria

Potential Implications of Seizing Domiciliary Accounts in Nigeria: Insights from a Financial Expert

As rumors swirl regarding the Nigerian government's purported intentions to seize funds held in domiciliary accounts across the nation, financial expert Kalu Ajah has stepped forward, via a post on X, to offer a comprehensive analysis of the potential ramifications. Drawing parallels with historical events and providing detailed insights into the operational dynamics of domiciliary accounts, Ajah's assessment sheds light on the risks and consequences associated with such actions. The Pakistani Example Ajah begins by invoking a significant episode from Pakistan's economic history, where the government initiated an emergency freeze on all foreign currency accounts (FCA) in May 1998. This drastic measure, aimed at safeguarding the economy, had far-reaching repercussions. "The primary i...
Tragic Massacre in Kwahaslalek Village, Plateau State: Over 30 Lives Lost
Armed Forces, Fulani Herdsmen, Justice, News, Nigeria, Safety, Security, Terrorism

Tragic Massacre in Kwahaslalek Village, Plateau State: Over 30 Lives Lost

In a horrific turn of events, Kwahaslalek village in the Mangu Local Government Area of Plateau State became the scene of a brutal massacre in the early hours of Wednesday. Gunmen attacked the village, resulting in the tragic loss of at least 30 lives, many of whom were women and children. Details of the Attack The incident occurred following unrest in Mangu town earlier on Tuesday. Fearing for their safety, many villagers, predominantly women and children, sought refuge in the house of a community leader. Tragically, it was here that the gunmen surrounded and executed them. Community Leader's Confirmation Mark Haruna, a community leader in the area, confirmed the devastating death toll in a statement to PUNCH Online from Jos, the state capital. Haruna described the previous d...
Military Complicit in Killings of Christians in Plateau State, Nigeria
Armed Forces, Fulani Herdsmen, Justice, Law Enforcement, News, Nigeria, Religion, Security, Terrorism

Military Complicit in Killings of Christians in Plateau State, Nigeria

In a deeply troubling development from the Mangu Local Government Area of Plateau State, Reverend Timothy Daluk, the chairman of the Christian Association of Nigeria (CAN), has leveled grave accusations against the Nigerian military. In a video circulated on social media platforms, Rev. Daluk alleges that the military is facilitating the killings of Christians in the region, leading to a tragic escalation of violence and property destruction. Accusations of Military Involvement Rev. Daluk passionately reports from the heart of the conflict in Mangu, asserting that the military is actively displacing Christian residents to pave the way for militia-led arson attacks. According to him, the military's imposition of a curfew is discriminatorily enforced, constraining Christian movements ...