Despite objection by some lawmakers in the House of Representatives, both the Senate and House okayed a raise to 10% in Ways and Means by the CBN to Federal government The House of Representatives and Senate has both resolved to increase the Central Bank of Nigeria (CBN)’s advances to the Federal Government from five percent to a maximum of ten percent. This was a major outcome of the emergency plenary session held on Wednesday by...
The Senate assured that the government has commenced executing measures to meet the demands of the protesters The Senate has appealed to organisers of the proposed #Endbadgovernance protests slated to commence tomorrow Thursday, August 1, to give President Bola Tinubu more time to allow his policies to yield desired results. This appeal was made during Wednesday’s emergency plenary sittings following an executive/closed-door session of the Senate which lasted for over an hour and 30 minutes....
Nigeria’s debt crisis calls for an urgent passage of the FRA amendment bill by the National Assembly Nigeria’s public debt has surged dramatically, increasing from N12.8 trillion in 2015 to N87.91 trillion in 2023, representing an astonishing 585% rise, as per the National Bureau of Statistics. This debt increase, along with fluctuating forex rates and inflation, has worsened the economic challenges faced by Nigerians. According to a report by Statista.com on September 22, 2023, Nigeria...
President Tinubu has signed the new National Minimum Wage bill into law President Bola Tinubu has signed the new national minimum wage (amendment) bill 2024 into law. Tinubu, who presided over the Federal Executive Council (FEC) meeting at the council chamber in the state house, Abuja, today, signed the N70,000 the new minimum wage bill in the presence of cabinet members. ALSO READ: Cost of living crisis and bumpy ride to 70k minimum wage |...
The House of Representatives will hold an emergency plenary session on Wednesday, July 31, 2024 as Speaker Abbas plans to host a town hall meeting with young Nigerians. Barely six days into its annual recess, the House of Representatives has summoned members from their respective constituencies to attend a crucial emergency plenary session on Wednesday, July 31, 2024. It also revealed that the Speaker Tajudeen Abbas (APC Kaduna), will host town hall engagement with young...
The newly approved ₦70,000 minimum wage positively responds to the urgent demands of solving hyper inflation and escalating living costs, with unique effects for workers, citizens and the economy Last week’s passage of the new minimum wage bill by the national assembly marks a significant milestone in the ongoing struggle for fair wages in the country. Nigerian workers would earn a base minimum of ₦70,000 once the president assents to the bill. But the struggle...
Benue lawmaker, Rep. Teseer Ugbor, others charges Benue youth to shelve planned protest Rep. Teseer Ugbor (APC Benue), has called on youths to distance themselves from the planned protest scheduled for August 1st, saying it is ‘ill-timed’. The representative of Kwande/Ushongo federal constituency at the National Assembly alongside the minister of water resources and sanitation, Prof. Joseph Terlumun Utsev stated this while addressing a gathering of youths and other groups who gathered in Makurdi, the...
In September 2022, gunmen ambushed Senator Ubah’s convoy in Enugwu-Ukwu, Anambra State, while he was travelling to Nnewi. At least five people were killed, including two police officers. Ubah had survived because the car he was travelling in was bulletproof. Senator Ifeanyi Ubah, the Senator representing Anambra South under the platform of the All Progressives Congress (APC) died on Friday, July 26, 2024 in London. The business mogul and politician had departed Nigeria for the...
Only little information was received about his death but it was learned that Ubah died in a hotel in London, the United Kingdom. He had left for London two days ago. The Senator representing Anambra South under the platform of the All Progressives Congress (APC), Senator Ifeanyi Ubah, is dead. Before joining politics, the late legislator was a wealthy businessman and the owner of Capital Oil. At the time of filing this report, only little...
This week’s Gender Equality and Social Inclusion (GESI) tracker highlights three pivotal initiatives on elderly care, youth welfare and fistula treatment introduced in the House of Representatives, while Sen. Natasha gets an apology from Akpabio over his derogatory nightclub comment Commission coming for the elderly A bill for the establishment of a national commission for elderly persons was brought to the House of Representatives this week. According to Country meters, approximately 3.1% of Nigeria’s population...
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