Tag: FG
FG Allocates N438 Billion to States and FCT for NG-Cares Program
Abuja, Nigeria – In a major move to bolster economic resilience and support vulnerable communities, the Federal Government has allocated N438 billion to the 36 states and the Federal Capital Territory (FCT) under the Nigeria Community Action for Resilience and Economic Stimulus (NG-Cares) Program. The NG-Cares Program, formerly known as the Nigeria COVID-19 Action Recovery…
Organized Labour Rejects Tinubu’s Proposal of ₦250,000 Minimum Wage Tied to Petrol Price Hike
Abuja, Nigeria – Joe Ajaero, President of the Nigeria Labour Congress (NLC), announced that Organized Labour has rejected President Bola Tinubu’s proposal to implement a ₦250,000 minimum wage in exchange for an increase in petrol prices. Speaking at a press briefing, Ajaero explained, “Accepting ₦70,000 was the best way to save Nigerians from further hardship.”…
President Tinubu Announces Provision of 36 CNG Buses to Labour Unions
Abuja, Nigeria – In a bid to alleviate the financial burden on workers due to the high cost of living, President Bola Tinubu has announced plans to provide 36 Compressed Natural Gas (CNG)-fueled buses to the nation’s labour unions. During a meeting held today in Abuja, the President revealed that each of the 36 buses…
NOA Launches AI-Powered Website to Enhance Citizen Engagement
Abuja, Nigeria – The National Orientation Agency (NOA) has unveiled its innovative AI-powered website, described as a game-changing Platform-as-a-Service (PaaS) web application. This new digital tool aims to revolutionize how Nigerians interact with their government. According to the NOA, the web app is designed to make citizen engagement more engaging and interactive. Users can now…
Presidency Adopts Multipronged Measures to Combat Food Insecurity
Abuja, Nigeria – In a significant move to address soaring food prices and general food insecurity, the Nigerian government has engaged with states, development partners, and other critical stakeholders. Vice President Kashim Shettima inaugurated the Presidential Food Systems Coordination Unit (PFSCU) on Friday, emphasizing the administration’s commitment to tackling hunger and hardship. The inauguration, which…
President Tinubu Commends Supreme Court’s Decision on Local Government Autonomy
Abuja, Nigeria – President Bola Tinubu has commended the Supreme Court’s recent ruling affirming the financial autonomy of local governments, a decision that upholds the Constitution of the Federal Republic of Nigeria regarding the legal rights of local councils. President Tinubu expressed his appreciation for the court’s decision, highlighting that ineffective local government administration has…
Agriculture Minister Predicts Significant Decrease in Food Prices Within 6 Months
Abuja, Nigeria – The Minister of Agriculture and Food Security, Senator Abubakar Kyari, announced on Wednesday that the Federal Government expects a substantial decrease in food prices over the next 180 days. This forecast follows the unveiling of several strategic measures aimed at addressing the high food prices currently affecting the nation. Among the initiatives,…
Supreme Court to Announce Verdict on Local Government Autonomy Case
Abuja, Nigeria – The Supreme Court is set to announce its decision on a significant lawsuit seeking full autonomy for the country’s 774 local governments on Thursday, July 11. The case, labeled SC/CV/343/2024, was initiated by the federal government against all 36 states of the federation. The lawsuit aims to secure complete independence for local…
Nigerian Government Condemns Daily Trust for Spreading Fake and Divisive News
Abuja, Nigeria – The Federal Government has sharply criticized Daily Trust for what it describes as a series of fake, divisive, and inflammatory reports. This condemnation was voiced by the Minister of Information and National Orientation, Mohammed Idris, during a press conference held on Saturday, July 6, 2024, at the National Press Centre in Abuja….
Breaking News: A Simplified and Business-Friendly Withholding Tax Regime Approved
Background Withholding tax, introduced into Nigeria’s tax system in 1977, was initially designed to serve as an advance payment of income tax on specified transactions. It aimed to provide the government with a steady revenue stream and curb tax evasion. However, over time, the regime expanded to cover more transactions, resulting in ambiguities and complications…