The organisation is challenging President Tinubu’s administration for failing to “publish spending details of the loans obtained by the governments of former presidents Olusegun Obasanjo, Umaru Musa Yar’Adua, Goodluck Jonathan and Muhammadu Buhari”. The Socio-Economic Rights and Accountability Project (SERAP) has filed a lawsuit against the government of President Bola …
Read More »Tinubu Approves New Leadership For National Council On Climate Change
In accordance with his commitment to actualize Nigeria’s green industrial vision, boost investor confidence, and unlock sustainable economic value through various climate finance instruments, President Bola Tinubu has approved the appointment of Dr. Nkiruka Maduekwe as the Director-General/Chief Executive Officer of the National Council on Climate Change (NCCC) in interim …
Read More »We Cannot Pay N60,000 Minimum Wage-Nigerian Governors Forum Tells Labour
Governors, under the aegis of the Nigerian Governors Forum (NGF), have rejected the proposed N60,000 minimum wage for Nigerian workers. In a statement issued on Friday by the Director of Media and Public Affairs for NGF, Halimah Salihu Ahmed, the governors said the proposed minimum wage is too high and …
Read More »‘Police Can Use Any Law Other Than Cyber Crime Act To Nail You’ – Police PRO Muyiwa Warns Journalists
Nigeria Police Force, Public Relations Officer, CSP Olumuyiwa Adejobi The Nigeria Police Force on Thursday said it can use any law not necessarily the Cyber Crime Act to nail journalists. The Police Spokesperson, Muyiwa Adejobi stated this on Thursday warning journalists against reports he said could be regarded as defamation. …
Read More »Bandits kill seven policemen, 12 villagers in Zamfara
Bandits, on Thursday, killed 12 villagers and seven policemen in an attack on a Zamfara State community. Commissioner of Police in the state, Muhammad Shehu Dalijan, who confirmed the attack, said the killing took place at Magarya village in Zurmi Local Government Area. He added that among the victims were …
Read More »Wale Edun didn’t propose N105,000 as minimum wage – Presidency
Wale Edun, Minister of Finance The Presidency on Thursday rubbished claims that the Minister of Finance and Coordinating Minister of the Economy, Wale Edun proposed N105,000 as new minimum wage for workers. The Punch had quoted Western Post as saying that the new proposal suggested a minimum wage of …
Read More »Heritage Bank shutdown: Badly run bank shouldn’t have lifetime guarantee, says Moghalu
Kingsley Moghalu, a former deputy governor of the Central Bank of Nigeria (CBN), says badly managed banks should not have a lifetime guarantee. Moghalu’s statement is coming two days after the CBN revoked the banking licence of Heritage Bank due to the company’s “inability to improve its financial performance”. On …
Read More »‘No N5.4trn subsidy provision’ — FG says documents on fiscal policy proposals unofficial
The presidency says the two fiscal policy documents in circulation have not been approved by the federal government. According to the presidency on Thursday, the documents are still policy proposals subject to reviews at the highest level of government. “One of the documents titled Inflation Reduction and Price Stability (Fiscal …
Read More »‘No money allocated’ — NOA denies reports of N814bn spent on national anthem
The National Orientation Agency (NOA) says the federal government has not allocated funds for the promotion of the new national anthem, contrary to reports on social media. Lanre Issa-Onilu, the director-general of the agency, spoke on Wednesday at the presentation of the official version of the new national anthem in Abuja. …
Read More »Court Orders Forfeiture Of N11.14B Choice Properties Linked To Emefiele
The Federal High Court sitting in Lagos on Wednesday granted the Federal Government an order of interim forfeiture of properties valued at N11,140,000,000.00 linked to the embattled former Central Bank of Nigeria (CBN) governor, Godwin Emefiele. Justice Chukwujekwu Aneke made the order sequel to a motion filed and argued by …
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