The Academic Staff Union of Universities, (ASUU) has vowed to down tools after the expiration of the 14-day Ultimatum given to the Federal Government to meet their demands. Briefing Journalists, in Calabar, the Zonal Coordinator, ASUU Calabar Zone, Comrade Happiness Uduk who read a jointly signed release by all Chairpersons of the zone said that…
The Federal Government, through the Presidential Compressed Natural Gas Initiative (PCNGi), will begin the distribution of 2,000 CNG-powered tricycles to youths in the transportation sector across Nigeria starting October 1st, 2024. The initiative aims to distribute 2,000 CNG-powered tricycles to youths in the transportation sector across the country, as part of efforts to address rising…
The Presidential CNG Initiative (PCNGi) has signed a Memorandum of Understanding (MoU) with three branches of the National Union of Road Transport Workers (NURTW) namely; Itakpe Train Station, Ajaokuta, and Adavi units to reduce cost of transportation across the country. The program director/Chief Executive of Pi-CNG, Michael Oluwagbemi, said the initiative is targeted at reducing…
The Academic Staff Union of Universities (ASUU) has issued a fresh 14-day ultimatum to the federal government, asking the government to resolve lingering issues affecting university lecturers. The fresh ultimatum is coming after the expiration of a 21-day notice earlier issued by the union. The government and the university lecturers agreed to set up a…
The federal government has established a disaster relief fund to address disasters such as flooding. This was disclosed to journalists on Monday by Minister of Finance and Coordinating Minister of the Economy, Wale Edun, at the State House, Abuja, after the Federal Executive Council (FEC) meeting presided over by President Bola Ahmed Tinubu. According to…
The Federal Government has called on agencies recruiting for the private sector to adhere to the N70,000 minimum wage, warning that any deviation would not be tolerated. According to the FG, the new minimum wage is necessary to address the current economic reality, emphasising that no Nigerian worker, whether in government or private employment, should…
The Federal Government has launched an eight-point plan to generate at least $100 billion and create over two million jobs from Nigeria’s creative economy yearly. The plan, unveiled by the Minister of Art, Culture and the Creative Economy, Hannatu Musa Musawa, at a roundtable for local and international investors in Lagos, has the potential to…
The loading of Premium Motor Spirit (petrol) from Dangote Refinery for local consumption will commence on Sunday, September 15. The Presidential Committee on the Sale of Crude Oil and Refined Products announced this at the end of its meeting in Abuja on Friday night. The Chairman of the Federal Inland Revenue Service (FIRS), Zacch Adedeji,…
The Minister of Finance and Coordinating Minister of the Economy, Wale Edun has said Nigeria’s first-ever foreign-currency domestic bond has secured $900m in subscriptions. While discussing the results of the historic bond issuance on Tuesday, Edun noted that the oversubscription reflects investor confidence in Nigeria’s economic stability and potential for growth. “The issuance of this…
The Federal Government through the Federal Competition and Consumer Protection Commission (FCCPC) has issued a one-month ultimatum to traders and market stakeholders to slash prices of goods and services nationwide. Executive Vice Chairman of the commission, Tunji Bello, made the announcement at a stakeholders’ engagement in Abuja, warning that enforcement actions will follow after the…