Abuja Court to hear suit on President Buhari’s re-election on Jan 21

A Federal High Court in Abuja on Wednesday fixed January 21, 2019 tohear a suit seeking to disqualify President Muhammadu Buhari from contesting the 2019 general elections. Three plaintiffs namely, Mr. Kalu Agu, Labaran Ismail and HassyEl-Kuris, had filed the suit alleging that the president lied in hisform CF 001 submitted to the Independent National […]

Power generation up 8,687Mw in December, boosts supply

The total power generated by the power generation companies in thecountry increased by 8,686.6 megawatts (MW) in December 2018, thereby raising the transmitted power during the month to 125,346.4 mw up from the 116,659.8 mw recorded in the preceding month. According to data provided by the Transmission Company of Nigeria (TCN) as reported by the […]

Rewane heads FG’s Technical Committee on proposed minimum wage

An economic analyst and Chief Executive Officer, Financial DerivativesLtd, Mr. Bismarck Rewane, is to lead other members of the technicalcommittee inaugurated today by President Muhammadu Buhari to advise government on ‘the ways and means’ of funding the proposed new minimum wage pegged at N30,000. The Director General at the Budget Office, Ben Akabueze, will serve […]

FG to transmit Minimum Wage Bill to Legislature latest Jan 23

After several weeks of rigorous deliberations on the Tripartite Committee’s report on the proposed N30,000 minimum wage between government representatives and labour leaders, the Federal Government on Tuesday announced its readiness to transmit the New National Minimum Wage Bill to the National Assembly not later than January 23rd. The decision to transmit the bill to […]

FG assures Kano Govt support on Qua Iboe Power investment

The Federal Government on Tuesday expressed its commitment to ensuring that  Kano State Government’s proposal to invest in the 540 megawatt Qua Iboe Power Plant (QIPP) located in Akwa Ibom State will not go down the drain. The Minister of Finance, Mrs Zainab Ahmed, through a statement by her Special Adviser on Media and Communications, […]

BudgIT seeks transparency in local govt projects

BudgIT, a civic organisation, on Tuesday canvassed the need for transparency and openness in the implementation of local government projects in the country. The group noted that lots of funds were usually allotted yearly for capital expenditure yet capital projects remained undone or uncompleted, thereby giving room for critical gaps in infrastructural development in the […]

UNIDO, FG to sign $60mn Nigeria’s new Country Programme

The Director General of the United Nations Industrial Development Organisation (UNIDO), Li Yong, arrived Nigeria today on a two-day official visit. Li Yong, who is visiting the country for the second time since his assumption of office in year 2013, will use the occasion of the visit to sign the $60 million UNIDO Nigeria new […]

U.S supports Nigeria’s NGOs, others with $453,568 grant

The United States Government has approved and provided funding support totaling $453,568 to 45 individuals, non-government organizations, NGOs, and academic institutions from January this year till date. The grant support covered sundry projects in the areas of human rights, transparency in government, freedom of the media, women and youth empowerment, education, health, entrepreneurship, and the […]

Buhari meets govs over proposed N30,000 minimum wage

President Muhammadu Buhari on Monday met with the state governors’ representatives under the aegis of the Nigerian Governors’ Forum (NGF) over the lingering minimum wage saga with a view to finally agreeing on the national minimum wage issue. The details of the parley in which some governors, including the Governors of Zamfara, Lagos, Kaduna and […]

NAICOM clarifies policy stance on insurance firms’ capitalisation

The National Insurance Commission (NAICOM) at the weekend identified low capital base as one of the biggest challenges hampering the growth of the insurance sector and its contributions to the nation’s Gross Domestic Product (GDP). The NAICOM boss and Commissioner for Insurance, Mohammed Kari, gave this hint in his remarks on the sidelines of the […]