Thursday , 2 May 2024

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Economic Hardship : TUC Opposes NLC’s Nationwide Protest. Says, we can’t participate in a One-Man Show

The Trade Union Congress of Nigeria (TUC) has disagreed with the Nigeria Labour Congress (NLC) on the call for a nationwide protest without due consultation. The TUC urged the NLC to stop taking unilateral decisions on issues of interest to the two organisations. The TUC, in a letter addressed to the President of the NLC, Joe Ajaero said it was ... Read More »

Commercial Value :Tinubu, set to release 60,000MTs of food grains to stabilise prices, Says Edun

The federal government has finalised plans to release an additional 60,000 metric tonnes of food grains to make food available and stabilize the price of foodstuff in the country. Minister of Finance and Coordinating Minister for the Economy, Wale Edun made this known in Abuja on Tuesday, February 20, at the Public Wealth Management Conference organised by the Ministry of ... Read More »

BREAKING: Dangote, BUA and other Cement Manufacturer Agree to drop price to N7000

Cement manufacturers have agreed to bring down the price of the product to between N7,000 and N8,000 per 50kg depending on the location nationwide. During a meeting initiated by the Minister of Works, David Umahi, and attended by his counterparts from the Ministry of Industry, Trade, and Investment, including Doris Uzoka-Anite, in Abuja on Monday, February 19, efforts were made ... Read More »

Update : Forex Crisis : “Atiku got it wrong” His economic policies will hurt Nigerian More, Says Onanuga

The Presidency has said a controlled floatation of the Naira to prevent further devaluation would only return Nigeria to the economic regime of the embattled former Governor of the Central Bank of Nigeria, Godwin Emefiele. It said the policy, which saw about $1.5bn spent monthly to shore up the Naira, fueled financial malpractices such as arbitrage which hurt the economy. ... Read More »

N3.5bn Fraud : Crisis Deepens As labour party National Treasurer goes to court, demands nullification of six months suspension and compel EFCC to probe Abure

… …my signature was forged to take Party funds- Ex-Ag. national chair The last has not been heard about the crisis of confidence which has engulfed the leadership of the Labour Party over the administration of party funds. National Treasurer of the party, Ms. Oluchi Oparah, who was suspended by the Comrade Julious Abure-led National Working Committee (NWC), for six ... Read More »

$1.6 billion investment: Tinubu meets with the Brazilian president seek partnership aimed at critical sectors of the economy, healthcare, education, and agriculture

President Bola Tinubu, on Sunday, February 18, pushed the nation’s agriculture potentials on a global scale, advancing a multi-sectoral partnership with the Federative Republic of Brazil. President Tinubu made the advances during a meeting with President Luiz Inácio Lula da Silva of Brazil in Addis Ababa, Ethiopia. According to a statement issued by Special Adviser to the President on Media ... Read More »

FG SUMMONS MANUFACTURERS TO ADDRESS THE RISING COST OF CEMENT

Worried by the escalating cost of cement despite huge patronage by road and housing contractors to cement manufacturers, the Honourable Minister of Works, His Excellency Sen Engr Nweze David Umahi CON, has summoned an urgent meeting of all cement manufacturers in Nigeria. Those invited are: 1. Dangote Plc, 2. BUA Plc 3.Larfarge and others. According to a press statement signed ... Read More »

Just In : FG summons Dangote Plc, BUA Plc, Larfarge and other Manufacturer over escalating cement prices

The Federal government has said it cannot fold its arms and see the price of cement spiralled out of control. The Minister of Works, David Umahi has summoned cement manufacturers to a meeting on Monday to examine the issues surrounding the latest development. According to a statement by the Special Adviser to the Minister on. Edward, Uchenna Orji, the Minister ... Read More »

KEY HIGHLIGHTS OF TINUBU’S MEETING WITH STATE GOVERNORS – Onanuga

President Bola Tinubu in company of Vice President Kashim Shettima today at the State House met with the 36 States Governors and the FCT Minister. The meeting agreed on common ground to addressing some of the challenges currently facing the country especially the rising cost of food and insecurity. After extensive deliberations the President and Governors agreed to work together ... Read More »

Update : 20 Millions Bounty : Police arrest one of the wanted kidnappers and others over killing of Naheeba in Abuja

…Pastor arrested in Abuja over ‘extortion, illegal land sale’ The Inspector-General of Police (IGP), Kayode Egbetokun’s Special Intervention Squad (ISI) has apprehended more kidnappers including a 38-year-old Saidu Abdulkadir. Abdulkadir, a long-sought individual by the Federal Capital Territory (FCT) Police Command for his alleged involvement as an informant to the bandits, has been taken into custody. Abdulkadir has been on ... Read More »

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