BUSINESS
Osun Workers To Get N15,000 Wage Award, Pensioners N10,000 As Subsidy Removal Effects Bite
As part of measures to cushion the harsh effects of fuel subsidy removal, the Osun State Governor, Ademola Adeleke, has approved a sum of N15,000 wage award per worker in the state. The governor also approved a sum of N10,000 for each pensioner in the state in the same regard. This was disclosed on Wednesday in a circular by the Permanent...
Airlines Will Compensate Passengers For Delayed, Cancelled Flight — Keyamo
The Minister of Aviation and Aerospace Development, Festus Keyamo, defaulting airlines must pay compensations for flight cancelations and delays. He said this in Abuja yesterday during a meeting with the heads of agencies under the ministry. “We are not deaf to the cries of Nigerians about delays and canceled flights. The law is there and we are looking at how to...
Adamawa Governor, Fintiri Raises NYSC Members’ Pay By N10,000
The governor of Adamawa state, Ahmadu Umaru Fintiri, on Tuesday increased the monthly allowance of National Youth Service Corps (NYSC) members in the state with ₦10,000 (ten thousand naira). Fintiri disclosed this in a statement and said he was excited to welcome the 2023 Batch ‘C’ Stream II Corps members to Adamawa State. “Your dedication to nation-building is recognized, and we’re...
$115 Million Infrastructure Loan Approved For Abia Was Facilitated By Ikpeazu — Spokesman
Onyebuchi Ememanka, Spokesman to the immediate past governor of Abia State, Okezie Ikpeazu has said the $115 million infrastructure loan approved by the Federal Executive Council (FEC) on Monday was facilitated by his principal. He said, of the total sum of One Hundred and Fifteen Million Dollars ( $115 Million), one Hundred Million Dollars is from the Africa Development Bank...
FG Raises 2024 Budget To N27.5trn
The Federal Government has increased the 2024 budget proposal from the initial N26 trillion to N27.500 trillion to meet present economic realities. It also revised the Medium Term Expenditure Framework, MTEF and Fiscal Strategy Papers, FSP, which initially had N700 per dollar as exchange rate to N750 per dollar, while oil benchmark was reviewed from the initial $73 per barrel...
Tinubu Appoints New NNPCL Board As Kyari Retains Position As GCEO
President Bola Tinubu has appointed a new Board and Management team for the Nigerian National Petroleum Company Limited (NNPCL), consisting of mine members. The new Board and Management team has Chief Pius Akinyelure as non-Executive Chairman with Mallam Mele Kyari retaining his position as Group Chief Executive Officer (GCEO) with Umar Isa Ajiya coming back as Chief Financial Officer and...
Tinubu To Present 2024 Budget Wednesday
Barring any last minute changes, President Bola Tinubu will present the 2024 budget to a joint session of the National Assembly on Wednesday. This information was confirmed to journalists by the Secretary, Research and Information at the National Assembly, Dr Ali Umoru, who was at the Senate with respect to protocol arrangements. It was gathered that the number and category of...
N-Power: Enrollees Lament Delay In Stipend`s Payment
Some enrollees of the Federal Government’s N-Power Programme on Monday decried the continuous delay of payment of their N30,000 monthly stipends. The beneficiaries who spoke to the News Agency of Nigeria (NAN) in separate interviews in Abuja said, the continued delay of payment of the thirty thousand monthly stipends is becoming worrisome. Mr Francisco Noah, a beneficiary of the N-Teach segment...
Live Within Your Means, Psychologist Advises Nigerians
As the economic hardship takes a toll on Nigerians, Clinical Psychologist, Adedotun Ajiboye has advised people to live within their means. He also advised Nigerians to be their brothers’ keepers to avoid mental health issues. Ajiboye who works with the Ekiti State University Teaching Hospital, Ado Ekiti, gave this advice in an interview with the News Agency of Nigeria (NAN) in Abuja...
Let’s Be Patient With Tinubu, He Inherited “Almost Comatose” Administration — Abiodun
Governor Dapo Abiodun of Ogun State believes Nigerians should be patient with President Bola Tinubu’s government which, according to him, inherited an “almost comatose” administration. Tinubu came to power in May – taking over from Muhammadu Buhari of the same APC and quickly introduced economic reforms aimed at restoring public finances and attracting more foreign investment. His administration has ended...
