The Federal Executive Council, FEC, on Wednesday approved that $2.9 billion in Eurobond be raised to fund capital projects in the 2018 budget. The Minister of Finance, Mrs Zainab Ahmed, made this known when she addressed State House correspondents at the end of FEC meeting, presided over by President Muhammadu Buhari. Nigeria had in November […]
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The Organised Labour has insisted that the Tripartite Committee on the new National Minimum Wage has concluded its assignment for onward submission to President Muhammadu Buhari. Mr Joe Ajaero, President, United Labour Congress (ULC), said this in an interview with the News Agency of Nigeria (NAN) on Wednesday in Abuja. Ajaero was reacting to the […]
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Vice President Yemi Osinbajo says the Federal Government has spent N1.7 trillion in capital investment in two budget years. Osinbajo disclosed this while addressing participants at the 9th Presidential Quarterly Business Forum held at the State House Banquet Hall on Monday in Abuja. The focus of the forum was on Job creation. The vice president […]
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Prof. Anthony Anwukah, the Minister of State for Education, says the deadline for teachers to acquire their professional license is December, 2019. Anwukah made this known at a news conference to mark the 2018 World Teachers’ Day in Abuja on Thursday. According to the minister, the license can be obtained from the Teachers Registration Council […]
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Vice President Yemi Osinbajo on Tuesday announced the Federal Government’s approval of a 90-day special window for business registration at a reduced rate of N5000 only. A statement, signed by Laolu Akande, Senior Special Assistant to the President on Media and Publicity, Office of the Vice President in Abuja, said that Osinbajo made the announcement […]
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Academic Staff Union of Universities ASUU, has threatened industrial action unless the Federal Government resumes negotiations on the 2009 agreement over the poor state of public Universities. The Union accused the Government of failure to pay the backlog of owed salaries, even after the presidential initiative on continuous audit verification. It also argued that the FG […]
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The federal government of Nigeria has released N22.68 billion to settle part of the retirement benefits of former workers of the defunct Nigeria Airways. According to NAN, the government has also approved the release of N20 billion to revitalise public universities in line with demands of the Academic Staff of Universities (ASUU). Zainab Ahmed, minister […]
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The Federal Government of Nigeria has released the sum of N17.3 billion to the Ogun State government from the recent Paris Club refund. The state government promised to offset the backlog of cooperative deductions, gratuity, severance allowances, furniture allowances and other social services. Adewale Oshinowo, the state Commissioner for Finance, who disclosed this during a […]
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The federal government has approved the immediate deportation of 36 Indians and two Democratic People’s Republic of Korea nationals. Mohammed Umar, permanent secretary of the ministry of interior, disclosed this in a statement. Umar said Abdulrahman Dambazau, minister of interior, signed the deportation order in his office in Abuja on Tuesday. He said it was […]
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The Federal Government said states must clear backlog of salaries and other related staff arrears before they would be able to access the remaining 2.69 billion dollar Paris Club Refund. The Director of Information, Federal Ministry of Finance, Mr Hassan Dodo, on Tuesday, said the Federal Government would commence phased payments of the refund to […]
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