The Speaker of the House of Representatives. Rt. Hon. Tajudeen Abbas has said Nigerians will soon get what he called a new Survival Wage structure. The Speaker said the House was interested in the ongoing review of the National Minimum Wage. He said poor wage promotes corruption in any society. Abbas admitted that lawmakers across the country have been undergoing …

The recent decision by the board and management of Aba Power Limited, Nigeria’s newest electricity distribution firm, to patronise only Innoson Vehicles is informed by not only patriotism but also the technical and cost competitiveness of the products, according to the Managing Director of the utility. After taking delivery of 25 new Innoson mini buses and six pick-up trucks in …

The Nasarawa State Government has received palliatives meant to mitigate the impact of the fuel subsidy removal from the Federal Government. During a visit to the Speaker of the State House of Assembly, Rt. Hon Ibrahim Abdullahi, at his residence in Lafia, the state capital, on Friday, Governor Abdullahi Sule explained that the people of the state, like other states of …

President Bola Tinubu on Friday in Abuja reassured Nigerians that no stone would be left unturned in his administration’s multifarious efforts to stimulate the economy and make it work for the greatest good of all Nigerians. The President stated this in a meeting held at the State House with the Board of Trustees of the All Progressives Congress (APC) Professionals …

Socio-Economic Rights and Accountability Project (SERAP) said it would file a lawsuit against Senate President Godswill Akpabio concerning the disbursement of “holiday allowances” to Senators by the Clerk of the National Assembly. This contentious move comes at a time when almost 70 per cent of Nigerians are grappling with severe economic challenges. In a brief statement via its official X …

Prominent legal expert and human rights activist, Mr. Femi Falana has shed light on the disturbing trend of coups within the Economic Community of West African States (ECOWAS). In a statement on Thursday, the Senior Advocate of Nigeria, cited the “reckless exploitation of natural resources” as one of the principal driving forces behind the unsettling political unrest and the rise …

President Bola Tinubu on Tuesday in Abuja expressed his resolute commitment to break the vicious cycle of overreliance on borrowing for public spending, and the resulting burden of debt servicing it places on the management of Nigeria’s limited government revenues. Inaugurating the Presidential Committee on Fiscal Policy and Tax Reforms, chaired by Mr. Taiwo Oyedele, the President charged the committee …

Ekiti State Deputy Governor, Mrs. Monisade Afuye has said that the policies being initiated by the Federal Government will serve as springboards for loftier economic prosperity for all Nigerians. Afuye, who urged Nigerians not to despair over the scorching effect of the current economic hardship on them, assured that President Bola Tinubu was desperately contriving means of palliating the sufferings …

The Acting Comptroller-General of the Nigeria Customs Service (NCS), Adewale Adeniyi has put officers and men of the service manning the Benin Republic, Cameron and other borders on a red alert following the Nigeria-Niger border closure. Adeniyi said implementation of the Nigeria-Niger border closure “is 100 per cent”. Addressing officers and men of the NCS during his working visit to …

President Bola Tinubu said a comprehensive forensic audit of the Central Bank is underway, while a thorough overhaul of the civil service payroll is imminent. During an audience with the President of the World Bank, Mr. Ajay Banga on Friday at the Presidential Villa, Abuja, the President disclosed: ”A comprehensive forensic audit is on-going at the Central Bank. We are …