Housing Opportunities: Federal Government Launches N250bn Real Investment Fund
The Federal Government has launched a N250 billion Ministry of Finance Incorporated (MOFI) Real Estate Investment Fund (REIF)…
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Jega Warns Federal Government Against Uncritical Adoption of World Bank, IMF Advice
Former INEC Chairman, Professor Attahiru Jega has advised Federal Government of Nigeria not to take all advice of IMF and World Bank
FG Increases Corps Members Allowance To N77,000
The Federal Government has approved the increment of Corps Members’ monthly allowance to Seventy-Seven Thousand Naira (N77,000) with effect from July 2024. This is in line with the enactment of the National Minimum Wage (Amendment) Act 2024. This was contained in a letter from the National Salaries, Incomes and Wages Commission, dated 25th September 2024…
NLC, TUC rejects FG’s plan to backdate minimum wage payment to July
The Nigerian Labour Congress (NLC) and the Trade Union Congress (TUC) have vehemently opposed the Federal Government’s decision to backdate the implementation of the new minimum wage to July 2024. During a meeting held on Friday by the Committee on Consequential Adjustments in Salaries for civil servants, it was agreed that July 29, 2024, would…
September 2024 : FAAC Shares N1.203 Trillion August Revenue for FG, States and LGAs
A total sum of N1.203 trillion from the Federation Accounts Revenue (August 2024) was distributed among the Federal Government, States, and Local Government Councils across Nigeria. This was revealed by Bawa Mokwa, the Director of Press and Public Relations at the Office of the Accountant General of the Federation (OAGF), during the September 2024 Federation…
FGN Allocates N47.5 Billion For Renovation Of Some Selected Secondary Schools Across Nigeria
The Federal Government has allocated N47.5 billion for the initial phase of upgrading 50 chosen senior secondary schools nationwide. Dr. Iyela Ajayi, the Executive Secretary of the National Senior Secondary Education Commission (NSSEC), revealed this information during the groundbreaking ceremony for the Government Science Secondary School (GSSC) Koton Karfe, Kogi State on Wednesday. He said,…
President Tinubu Approves N108 Billion For State Governments To Address Natural Disasters
President Bola Ahmed Tinubu approved the allocation of N108 billion to support the states in addressing natural disasters, with each state receiving N3 billion to aid their efforts. Borno State Governor, Babagana Umara Zulum, whose capital city, Maiduguri, is currently suffering from severe flooding due to the failure of the Alau Dam water channels,…
FGN issues travel warning to citizens planning to visit UK
FGN issues travel warning to its citizens planning to visit UK. The Nigerian government has issued a travel warning to its citizens planning to visit the United Kingdom due to the escalating crisis following the tragic killing of three young girls at a concert. In a travel alert released on Monday by the Ministry of…
Minimum Wage: FG, Labour’s Meeting Inconclusive, To Reconvene Next Week
President Bola Tinubu recently called an emergency meeting to address the implementation of a new national minimum wage. However, the discussions ended without a resolution. The meeting, attended by representatives of organized labour and government officials, was adjourned and is set to reconvene next week. The leadership of the labour unions emphasized the need to…
FGN releases statement on allegation of LGBTQ levelled against it
FGN releases statement on allegation of LGBTQ levelled against it…. to seek redress in the court of law. The Minister of Information and National Orientation, Mohammed Idris, on Saturday, July 6, 2024, at the National Press Centre, Abuja, addressed newsmen on allegation of LGBTQ levelled against federal government following the recent signing of Samoa agreement….
Strike: ASUU gives FGN two-week ultimatum to meet demands
Strike looms as ASUU gives two-week ultimatum to FGN to meet its demand….. The Academic Staff Union of Universities (ASUU) has given the Federal Government a two-week ultimatum to address its demands for improved welfare and administrative conditions in public universities, warning of an impending nationwide strike. This announcement was made during a press conference…
FG Approves N155b To Purchase Foodstuffs For Nigerians, Makes Provision For Labour Unions, CSOs And Others
….FG Approves N155b To Purchase And Distribute Foodstuffs For Nigerians, Makes Provision For Labour Unions, Civil Society Organisations And Others…. The Federal Government of Nigeria, in a statement released on Thursday, shared via the official X handle of Presidency Nigeria, has approved N155 billion for the purchase of foodstuffs for Nigerians, and as well make…
Binance Will Face All Due Process On Financial Crime– FGN
Binance will face due all due process on financial crime charges, FGN declared. The Minister of Information and National Orientation, Mohammed Idris, has said due processes are being applied in all stages of the trial by the laws of the Federal Republic of Nigeria against Binance, and one of its Chief Executives, who illegally trade…
RESOLUTIONS REACHED BETWEEN FG AND LABOUR ON MINIMUM WAGE
Resolutions reached between Federal Government and Organised Labour. Further to the negotiation by the Tripartite Committee on National Minimum Wage (NMW) and subsequent withdrawal of Labour from negotiation, the Leadership of the National Assembly intervened on 2nd June, 2024. The Organised Labour declared nationwide strike on Monday, 3rd June, 2024 to drive home its demands….
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