Tag: FG
Labour Dismisses ₦62,000 and ₦100,000 Minimum Wages as Insufficient, Hints at Possible Strike Resumption
June 10, 2024 — The Nigerian Labour Congress (NLC) and the Trade Union Congress (TUC) have firmly rejected the proposed minimum wages of ₦62,000 and ₦100,000, deeming them inadequate. They have warned that a nationwide strike, temporarily halted last week, may resume if their demand for a ₦250,000 minimum wage is not met by the…
NLC rejects FG proposed minimum wage
In a significant turn of events, the Federal Government has proposed N48,000 as the new minimum wage during ongoing negotiations, sparking a wave of discontent among organized labor unions across the country. The proposal comes as part of the government’s efforts to address the longstanding issue of wage disparity and improve the standard of living…
Federal Government Fast-Tracks Visa Processing for Investors and Tourists
In a bid to boost investment and tourism in Nigeria, the Federal Government has announced a significant overhaul of its visa processing system. Under the new arrangement, visas for investors and tourists will be processed within a swift 48-hour timeframe. The decision, endorsed by the executive council led by President Bola Tinubu, reflects a commitment…
VP Shettima Represents President Tinubu at 2024 US-Africa Business Summit
The Vice President of Nigeria, Senator Kashim Shettima, is set to depart Abuja for Dallas, United States, to represent President Bola Ahmed Tinubu at the 2024 US-Africa Business Summit organized by the Corporate Council on Africa. Scheduled to take place at the Kay Bailey Hutchison Convention Center in Dallas, Texas, the summit will gather political…
Federal Government Awards Contracts for Renewed Hope Cities and Estates Nationwide
The Minister of Housing and Urban Development, Arc Ahmed Musa Dangiwa, has announced that the Federal Government has awarded contracts for the construction of Renewed Hope Cities and Estates in 12 states across Nigeria, as part of efforts to address the country’s housing deficit. Dangiwa made this disclosure during a meeting with members of the…
Nigeria Unites to Achieve $1 Trillion Economy by 2030 with Aso Accord
In a historic move aimed at propelling Nigeria into a $1 trillion economy by 2030, the Presidency, all 36 states, and the private sector have forged a groundbreaking agreement known as the Aso Accord on Economic and Financial Inclusion. This comprehensive plan seeks to ensure that every citizen in Nigeria has equal access to financial…
Federal Government Approves Salary Increase for Civil Servants
The Federal Government of Nigeria has granted approval for a significant increase in the salaries of civil servants across the nation. The raise, ranging between 25% and 35%, applies to employees operating under six consolidated salary structures. These structures include the Consolidated Public Service Salary Structure (CONPSS), Consolidated Research and Allied Institutions Salary Structure (CONRAISS),…
President Tinubu Pledges Nigeria’s Youthful Potential to Propel Digital Economy at IDA21 Summit
In a resounding declaration, President Bola Ahmed Tinubu has affirmed Nigeria’s commitment to harnessing the vibrant energy of its youthful population to position the nation as a global powerhouse in the digital economy. Speaking at the 21st Replenishment of the International Development Association (IDA21) Summit in Nairobi, President Tinubu outlined Nigeria’s ambitious plans to lead…
FG Allocates N20 Billion Augmentation Fee to Julius Berger for Bodo-Bonny Road Construction
The Federal Government has taken significant steps to resolve the impasse with Julius Berger Plc over the construction of the N200 billion Bodo-Bonny Road in Rivers State. Following a recent meeting between the Minister of Works, Dave Umahi, and Julius Berger’s Managing Director, Dr. Lars Richter, the government has allocated an additional N20 billion augmentation…
Federal Government Unveils Ambitious Plan to Generate 2.5 Million Jobs Through LEEP
In a bold move to address unemployment and bolster economic growth, the Federal Government has announced its intention to create 2.5 million jobs through the Labour Employment Enhancement Programme (LEEP) under the Ministry of Labour and Employment. The Minister of State for Labour and Employment, Mrs. Nkeiruka Onyejeocha, made this revelation during the pre-inauguration ceremony…