LAGOS JULY 9TH (NEWSRNAGERS)-The House of Representatives has called for the suspension of the implementation of the Samoa Agreement, which was signed by the federal government on June 28. This decision follows the adoption of a motion of urgent public importance sponsored by Sani Madaki, the minority whip, and 87 other lawmakers. During the motion’s…
LAGOS JULY 5TH (NEWSRNAGERS)-The Federal Government has said that 31 states and local government areas should brace up for flooding in the coming weeks. The Minister of Water Resources and Sanitation, Prof. Joseph Utsev, gave the warning at a news conference on Thursday, July 4, in Abuja. The minister said that precautionary measures should be…
LAGOS JUNE 8TH (NEWSRANGERS)-The Federal Government has increased its offer of a new national minimum wage to N62,000, while organised labour has reduced its demand from N494,000 to N250,000. This comes after the Minister of Finance, Wale Edun, submitted the cost implication of minimum wage to President Bola Tinubu. A source confirmed this to our…
LAGOS JUNE 7TH (NEWSRANGERS)-The Presidency on Thursday denied reports that the Federal Government was proposing N105,000 as the new minimum wage. The Special Adviser to the President on Information and Strategy, Bayo Onanuga, described the report as false. The report followed the presentation of the cost implications of implementing a new national minimum wage to…
LAGOS JUNE 7TH (NEWSRNAGERS)-The tripartite committee consisting of the federal government and labour unions reconvened on Wednesday at the Nicon Luxury Hotel in Abuja to discuss the establishment of a new minimum wage for Nigerian workers. The meeting, which was intended to resolve the prolonged wage negotiations, did not yield a new offer from the…
LAGOS JUNE 5TH (NEWSRANGERS)-The Chairman of the Presidential Tax and Fiscal Policy Reforms Committee, Taiwo Oyedele, has said the proposed plan to increase the Value Added tax rate from 7.5 per cent to 10 per cent will be implemented in phases. This was as he revealed that empirical data had confirmed that less than 10…
LAGOS JUNE 4TH (NEWSRANGERS)-The Federal Government has agreed to pay more than the N60,000 it initially proposed as new minimum wage. The decision was taken at a meeting the government had with labour leaders on Monday night in Abuja to address the dispute over the national minimum wage in response to the nationwide strike declared…
LAGOS MAY 21ST (NEWSRANGERS)-Ahead of the formal opening of the Students’ Loan portal this Friday, the Nigeria Education Loan Fund has said it will commence with students in federal tertiary institutions. This comes as the Fund has said only students whose institutions have uploaded their data on its dashboard would be eligible to apply. Managing…