Why we accepted N70,000 minimum wage — Labour

…Cites current economic challenges for decision….FG sets three yearly review of Minimum Wage After about six months of intense agitations and negotiation, the federal government and members of the organised labour on Thursday finally agreed to fix the national Minimum Wage, at N70,000 for the next three years.It was gathered that President Bola Tinubu had fixed the Minimum Wage at N70,000, as against the N62,000 earlier fixed by the federal government’s team at the Tripartite Committee…

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Obajana-Benin road project hit as FG terminates contract with Mothercat, Dantata & Sowoe, others

…construction of Obajana-Benin road, others affected The Federal Government, through the Ministry of works has announced the termination of contracts read more Obajana-Benin road project hit as FG terminates contract with Mothercat, Dantata & Sowoe, others

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Arms centre to destroy N4bn weapons seized by Customs

Hundreds of rifles and thousands of rounds of ammunition seized by Nigerian Customs will be destroyed after official procedures are read more Arms centre to destroy N4bn weapons seized by Customs

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Three State House doctors appointed Permanent Secretaries

…As 38 staff get productivity award Three medical doctors serving at the State House have been elevated to the status read more Three State House doctors appointed Permanent Secretaries

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Wike decries master plan distortion as land for Abuja Bus Terminal diverted

Nyesom Wike, the minister of the Federal Capital Territory, (FCT) has expressed his frustration over the continues distortion of the read more Wike decries master plan distortion as land for Abuja Bus Terminal diverted

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Stakeholders advocate implementation of local content laws to protect indigenous companies

Stakeholders in the Nigerian oil and gas industry, has called on the Nigerian government to ensure effective implementation of the read more Stakeholders advocate implementation of local content laws to protect indigenous companies

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Money supply hits all-time high of N99.23tn despite liquidity squeeze

Money supply (M3) has hit an all-time high of N99.23 trillion in May 2024, despite monetary tightening by the Central read more Money supply hits all-time high of N99.23tn despite liquidity squeeze

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Surveyor General Urges States to Prioritise Survey, Mapping

Emmanuel Addeh in Abuja The Surveyor General of the Federation, Abuduganiyu Adebomehin, has appealed to the state governors to lift the status of their respective Surveyor General Offices to extra-ministerial offices. Adebomehin who argued that nothing can be achieved by the states concerning infrastructural development without the input of surveying professionals, spoke at the 58th annual general meeting of the Nigerian Institution of Surveyors (NIS) in Edo. According to a statement from the Head of Press and…

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Tinubu Targets Food Security with NCHSP

Dike Onwuamaeze President Bola Ahmed Tinubu has approved the immediate rollout of the National Construction and Household Support Programme that would strengthen the economy by creating opportunities in the real sectors of agriculture, manufacturing, and construction. The NCHSP, which was announced last week by the Speacial Adviser to the President on Media and Publicity, Mr. Ajuri Ngelale, would prioritise the construction of the Sokoto-Badagry Highway, which would traverse Sokoto, Kebbi, Niger, Kwara, Oyo, Ogun, and Lagos…

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Olam Agri Harps on Making Africa Net food Exporter

The Olam Agri has spotlighted the enormous potential within the African food value chain that could make the continent a net food exporter. Head of Olam Agri’s Nigeria Operations, Mr. Anil Nair, disclosed this during the Market Access Africa Conference (MAAC) that was organised last week in Lagos by the African Agri Council (AAC). Nair emphasised that Africa’s food trade deficit could be offset by improving crop yields across the continent. He pointed out that despite…

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Business & Economy

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