Negotiation on new minimum wage has been adjourned till Wednesday after organised labour rejected the new N54,000 minimum wage proposal by the Federal Government, a highly reliable source who attended the meeting said on Wednesday. It was exclusively reported that the Federal Government upped its offer from its earlier proposed N48,000 to N54,000. Tuesday’s meeting came as a result of …

A nominee for membership of the Central Bank of Nigeria (CBN) Board of Directors, Mr. Urum Kalu Eke has declined the offer stating that he was currently engaged in the World Bank. This came to the fore during the Thursday plenary when the Senate began the process for the confirmation of the nominees. President Bola Tinubu had on February 13 …

The Senate has kicked against the plans by the Ministry of Power to increase electricity tariff. The Senate also rejected plans to remove subsidy from electricity given the present hardship in the country. The resolution of the Senate followed its consideration and approval of a motion moved by Senator Aminu Abbas (PDP, Adamawa Central) during plenary on the need to …