The Central Bank of Nigeria yesterday said there are no plans to revoke the operating licenses of Fidelity Bank, Wema Bank, Polaris Bank and Unity Bank Acting Director of Corporate Communications of CBN, Mrs. Hakama Sidi Ali stated this in a statement averring that rumours of a plan to revoke the licences of the banks…
….Allege that EFCC officials drank to stupor during the raid. …..Say “We have enough Evidence to nail EFCC in Court for destroying our Investment.” By: Oluwatosin Adesola Club and hotel owners in Ondo State Lounge and Club Owners Association (OSLACOA) on Monday kicked against the invasion of their business premises by the men of the…
The new minimum wage talks between the Federal Government and Organised Labour are expected to end on Monday (today) as the Nigeria Labour Congress and the Trade Union Congress leaders await President Bola Tinubu’s decision on their N250,000 offer. The labour leaders had given a Monday deadline for the conclusion of talks on the new…
… FG offers N62,000; Labour reduces demand to N250,000 … Report to be forwarded to the President for further deliberation. ….Governors Reject N60,000. After two days of waiting, the negotiations over the national minimum wage hit another brick wall yesterday. At the end of yesterday’s meeting, the Federal Government negotiating team raised its offer by…
Minister of Finance, Mr Wale Edun, on Wednesday on behalf of the Government side, met the 48-hour deadline to present a new minimum wage template to President Bola Ahmed Tinubu. According to online reports, the template proposes a new minimum wage of N105,000 (approximately $220 USD) per month for Nigerian workers. Tinubu is currently reviewing…
The Federal Government’s ban on the export of Liquefied Petroleum Gas, popularly called cooking gas, has led to a crash in the cost of the commodity from about N1,500 per kilogram to around N900/kg, LPG dealers stated on Wednesday. Cooking gas dealers under the aegis of the Nigerian Association of Liquefied Petroleum Gas Marketers disclosed…
….sets price tag. As part of his strategies to reduce suffering of his people and impact of the economic hardship, Ondo State Governor, Hon. Lucky Aiyedatiwa has launched electricity meters at affordable rates. Aiyedatiwa also ordered all the DisCos in the state, including Benin Electricity Distribution Company (BEDC) the matching order to immediately stop issuing…
.…hails NDDC MD, Ogbuku for his total dedication to developmental projects. Ondo State Coordinator of the Tantita Security Services (TSS), Senior High Chief Felix Idowu Asonja, has expressed gratitude to the Tinubu-led Federal Government of Nigeria for the successful delivery of Ode-Erinje in Okitipupa LGA Power Substation in the southern senatorial district of Ondo State….
…..Planning Ministry says Protection Council to be emplaced soon. Strengthening of Social Protection Organs in Ondo state, the state Ministry of Economic Planning and Budget has started training officials in collaboration with the International Labour Organisation (ILO) to improve the Capacity of Technical Working Group on Social Protection. Speaking at the capacity building in Akure,…
….Call for abolition of 5yrs review of minimum wage. As debate on amount to be paid by government as the new National Minimum wage rages on, the Nigeria Union of Pensioners, NUP, Southwest Zonal Council, has told President Bola Ahmed Tinubu, that the Nigeria Labour Congress (NLC) and the Trade Union Congress (TUC) are not…
