Benue State Governor, Hyacinth Alia, has approved a new minimum wage of ₦75,000 for workers in the state. According to a statement issued recently by his Chief Press Secretary, Kula Tersoo, the governor made the announcement at the State Secretariat following a meeting with representatives of organised labour. The statement[Read More…]
News
FG Revenue Rises 76% to N12.5tn, Fueled by Tax and Oil Gains — Budget Office
The Federal Government’s earnings have increased by 76 percent, rising from N7.1 trillion in 2022 to N12.5 trillion in 2023, due to higher taxes and oil revenues. This information was revealed in the recently released 2025-2027 Medium Term Expenditure Framework and Fiscal Strategy Paper from the Ministry of Budget and[Read More…]
Increased tax revenue collection will reduce Nigeria’s debt burden – FIRS
The Federal Inland Revenue Service (FIRS), has said that an increase in tax collection will enhance Nigeria’s revenue and cut down the urge to borrow to fund the economy. According to the revenue agency, it would ultimately lead to a lower national debt burden. In a paper presentation titled: “Interaction[Read More…]
Nigeria Customs sign MOU with NAFDAC on eradicating illicit products
The Nigeria Customs Service (NCS) has signed a Memorandum of Understanding (MoU) with the National Agency for Food and Drug Administration and Control (NAFDAC). The agreement is aimed at strengthening collaboration in combating the influx of illicit pharmaceutical products and other harmful substances into Nigeria. The MOU was signed at[Read More…]
Tinubu Seeks NASS Approval for 2025 MTEF, $2.2 Billion Loan
President Bola Tinubu has submitted the Medium-Term Expenditure Framework (MTEF) and the Fiscal Strategy Paper (FSP) for 2025-2027 to the National Assembly, requesting expeditious consideration and approval. Federal Government Proposes N47.9 Trillion Expenditure for 2025, $2.2 Billion Loan to Finance Budget Deficit. The President also sought approval for a fresh[Read More…]
SON presents MANCAP certificates to 5 companies in Cross River
The Standards Organization of Nigeria (SON ) has presented the Mandatory Assessment Programme (MANCAP) certificates to five companies in Cross River State. The five companies include: Native Food Bakery, Amadis. Bakery, Alice Ice Confectionary, Daro Bakery and Differential Aluminum. SON Director General, Dr Ifenayi Okeke, stated that MANCAP is a[Read More…]
Benue govt set to enact electricity law 18th November 2024
The Benue State Government says it is working on enacting an electricity law to regulate the state energy sector. The Commissioner for Transport, Renewable Energy, and Power, Mr Omale Omale, disclosed this in an interview with the News Agency of Nigeria on Sunday in Makurdi. Omale said that a draft[Read More…]
NCC Tackles Data Depletion, Billing Transparency Issues
The Executive Vice Chairman of the NCC, Dr. Aminu Maida, emphasised the growing concern over data consumption and billing transparency during his keynote speech at Abuja’s 93rd Telecoms Consumer Parliament (TCP). He said with Nigeria boasting 132 million internet connections, a significant portion of the global 5 billion user base,[Read More…]
Obsolete Meters: Consumers Commission FCCPC Warns DisCos Over Violation Of Nigerians’ Rights
The Federal Competition and Consumer Protection Commission (FCCPC) has warned Ikeja and Eko electricity distribution companies (IKEDC and EKEDC) to cease all activities related to the planned replacement of Unistar meters stating that any attempt to proceed in contravention will attract severe consequences. The warning which is pursuant to Sections[Read More…]
New leadership emerges: NUAAE elects Com. Obafemi Oyenubi as National President
Nigeria Union of Agriculture and Allied Employee Union (NUAAE) has taken a significant step towards unity and stability with the election of a new National President, Comrade Obafemi Oyenubi. The development follows the successful reconciliation of factions within the union, facilitated by veteran union members. The newly constituted national transition[Read More…]