Despite Economic Growth, 40% of Nigerians Still Live Below Poverty Line, Says Budget Minister Bagudu
Budget Minister Bagudu says Nigeria faces unique challenges in addressing poverty considering its diverse population and regions.
Budget Minister Bagudu says Nigeria faces unique challenges in addressing poverty considering its diverse population and regions.
Wale Edun submitted to President Tinubu a new minimum wage template to be used for negotiation with the tripartite panel.
The Nigerian government has reiterated that there will be no fuel subsidy payments in 2024.
Minister of Women Affairs, Uju Kennedy-Ohanenye, has denied allegations of fraud levelled against her by a federal lawmaker.
Sixteen Republican congressmen have written to President Joe Biden, urging intervention in the case of Binance executive Tigran Gambaryan.
Nigeria is planning a six-month suspension of import duties on essential items such as staple foods and drugs.
Acute food insecurity is set to increase in magnitude and severity in 18 hunger “Hotspots,” among them Nigeria, says UN.
Osita Okechukwu has cautioned against injecting more cash into Nigeria’s economy and warned of potential repercussions on purchasing power parity.
Following South Africa’s elections, the ANC is in discussions with the DA, EFF and others to form a coalition government.
“Negotiation is not emotion. We urged government to cut waste and act urgently to alleviate workers’ suffering,” said Festus Osifo.
The FG’s CNG programme aims to convert 1 million vehicles, reducing petrol imports and saving $4.4 billion per year.
Nigeria’s Senate says it’s committed to expediting the minimum wage bill, while the House stressed balancing increase with economic sustainability.
Tinubu has directed Finance Minister Wale Edun to propose a new national minimum wage figure to present to labour unions.
Nigeria’s organised Labour has suspended its industrial action for a week to allow for new minimum wage negotiations.
Despite an agreement reached with government, the natiowide strike continues pending a meeting with its organs, the NLC says.
“This refinery is going to change the game…(it) will also help in terms of reducing CO2 emissions,” says Dangote.
The federal government has called an emergency meeting with labour union leaders to address the minimum wage demands.
Tinubu says the completion of critical infrastructure projects attests to power of collaboration.
Joe Keshi emphasised South Africa’s political shift and urged ANC to address its waning influence.
Adedipe, an economist, says Labour’s new minimum wage demands do not benefit any of the parties involved in the negotiation.
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