Presidential Aspirant Kingsley-Moghalu

N18,000 is poverty wage — but above N30,000 will create massive inflation – Moghalu

Kingsley Moghalu, presidential candidate of the Young Progressives Party (YPP), says there will be “massive” inflation if a minimum wage of over N30,000 is approved. Organised labour is agitating for an increment of the present N18,000 minimum wage to N30,000, and a proposal to the effect has been submitted to President Muhammadu Buhari. Commenting on the development […]

Continue Reading

Osinbajo explains his role in N5.8bn NEMA fund

Vice-President of Nigeria, Prof. Yemi Osinbajo says the approval of N5.8 billion emergency food intervention fund for the north-east was within his constitutional authority. The house of representatives had indicted the governing board of National Emergency Management Agency (NEMA) chaired by Osinbajo over what it described as an “illegal approval”. In a statement released on […]

Continue Reading
inflation

Attack on TraderMoni, attack on petty traders

Presidency has described as unbelievable and unfortunate that attack on TraderMoni scheme which is designed to assist traders. The presidency said that the attack on the programmes was an attack on the hardworking petty traders and Nigerians in general. Mr Laolu Akande, Senior Special Assistant to the President on Media and Publicity, Office of the […]

Continue Reading

Buhari will review the minimum wage committee’s recommendation and make his stand known – Lai

The Minister of Information and Culture, Alhaji Lai Mohammed, says President Muhammadu Buhari will soon review the report of the minimum wage tripartite committee that was submitted to him on Tuesday. Speaking with state house correspondents after the federal executive council (FEC) meeting on Wednesday, the minister said the president will make his decision known […]

Continue Reading

Buhari approves N30,000 minimum wage

President Muhammadu Buhari on Tuesday approved the N30,000 minimum wage recommended by the tripartite committee. He said this while receiving the report of the tripartite committee on the review of the minimum wage, at the presidential villa in Abuja. Earlier, Amma Pepple, chairman of the committee, submitted a report on the agreement with labour to […]

Continue Reading

Obaseki orders arrest of BEDC officials for removing transformer bought by Ihovbor Community

Governor Godwin Obaseki of Edo State, Monday ordered the arrest of officials of Benin Electricity Distribution Company (BEDC) for allegedly removing a transformer bought and installed by members of Ihovbor Community in Uhunmwode Local Government Area of the State. The Governor gave the order while receiving members of Ihovbor Community led by Chief Tony Otakpolor, […]

Continue Reading