LAGOS SEPTEMBER 22ND (NEWSRANGERS)-The Federal Government, through the National Salaries, Wages and Income Commission, has approved the payment of a newly approved percentage increment in salaries for academic and non-academic staff of all its tertiary institutions across the country, The PUNCH has learnt. This is as the percentage increment for junior staff of tertiary institutions…
LAGOS SEPTEMBER 21ST (NEWSRANGERS)-Despite the numerous assurances by President Bola Ahmed Tinubu that the subsidy is gone, Daily Trust’s finding shows that the federal government paid N169.4 billion as subsidy in August to keep the pump price at N620 per litre. There have been several reports suggesting that the current price stagnation despite the worsening…
LAGOS AUGUST 28TH 9NEWSRANGERS)-As the rains gradually inch to the peak, the Federal Government has warned Nigerians to get prepared for flood, especially in states around River Benue. The Minister of Water Resources and Sanitation, Professor Joesph Terlumun- Utsev gave this warning at a news conference in Abuja, yesterday. Prof. Utsev noted that though the volume…
LAGOS AUGUST 16TH (NEWSRANGERS)-Nigeria’s international dollar-denominated bonds fell on Wednesday, after the president’s spokesman said petrol prices did not need to rise more, and blamed foreign exchange shortages on “gross mismanagement” at the central bank. Longer dated notes fell further. The 2051 maturity dropped as much as 1.7 cents on the dollar to 68.894 cents,…
LAGOS AUGUST 15TH (NEWSRANGERS)-Nigerian prosecutors filed a 20-count indictment against suspended and detained central bank governor Godwin Emefiele on Tuesday, one of them accusing him of “conferring unlawful advantages”, a government lawyer said. President Bola Tinubu, who is embarking on the boldest reforms in Africa’s biggest economy in more than a decade, has launched a…
LAGOS AUGUST 1ST (NEWSRANGERS)-In furtherance of his desire to ease the burden of the fuel subsidy removal on students of higher institutions of learning, President Bola Tinubu has approved provision of buses to the students’ bodies of all universities, polytechnics and colleges of education across the country. The desire of the President is to see…
LAGOS JULY 18TH (NEWSRANGERS)-The Federal Government has scrapped plans to distribute monthly cash of N8,000 to 12 million households as part of efforts to cushion the effects of the fuel subsidy removal, PODIUM REPORTERS can reliably report. Sources in the Villa confirmed the development to this publication today, citing concerns over the ability of the…
LAGOS JULY 17TH (NEWSRANGERS)-There are strong indications that the federal government is favourably disposed to raising the minimum wage to as high as N200k per month as demanded by the organised labour in the country. However, state governors are urging for caution while Anambra State governor Charles Soludo has been asked to chair a Technical Working…