Nigeria should fight corruption, use wealth to serve Nigerians, says IMF

Simeon Ebulu, Nduka Chiejina and Collins Nweze, Washington D.C   The International Monetary Fund (IMF) on Thursday asked the Federal Government to fight corruption and ensure that the country’s wealth is used to serve the citizens. IMF Managing Director, Mrs. Kristalina Georgieva, who

FAAC shares N693.529 September 2019 revenue to FG, States, LGAs

Nduka Chiejina (Assistant Editor)   The Federation Account Allocation Committee (FAAC) has shared a total of N693.529billion to the three tiers of Government for the month of September 2019. The N693.529billion comprised revenue from Value Added Tax(VAT), Exchange Gain and Gross Statutory Revenue.

Ngige: govt can’t meet Labour’s wage demand

Frank Ikpefan, Abuja   THE Federal Government cannot meet the demand of Labour in the new minimum wage regime, Minister of Labour and Employment Chris Ngige, said on Tuesday. According to him, the economy will grind to a halt like that of Venezuela,

Strike: NLC shuts offices, schools

The Nigeria Labour Congress (NLC), Delta chapter has started to shut offices and schools in Asaba ahead of the planned strike over delay to implement the new minimum wage. The News Agency of Nigeria (NAN) reports on Wednesday that the NLC members were

Onitsha Tanker Explosion: Inferno kills mother, child, razes buildings

  There were pandemonium and outrage as inferno caused by tanker explosion killed a woman and her baby while many people were inflicted with various degrees of injuries. Meanwhile no fewer that 40 buildings, ranging from two- storey to four- storey buildings were

Minimum wage: ‘FG, NLC will resolve issues amicably to avert strike’

Ernest Nwokolo, Abeokuta   National President of the Independent Petroleum Marketers Association of Nigeria (IPMAN) Engr. Sanusi Abdul-Fari, has expressed the confidence that the Federal Government(FG) and Nigeria Labour Congress (NLC) would harmonise their differences to ensure that it does not result to

Six modular refineries to commence operations – FG

By Bassey Anthony, Uyo The Federal government has disclosed that 6 modular refineries it licensed would soon commence operations in the country in fulfilment of President Muhammadu Buhari’s commitment to grow local content in the Niger Delta region. Senior Special Assistant to the

Robbers kill five, injure scores in Onitsha

Emma Elekwa, Onitsha   Five persons were feared killed while scores sustained varying degrees of injuries during a robbery operation in Onitsha, Anambra state. The robbery attack which took place in a petrol station and pharmacy shop in the commercial city came few

Minimum wage: Prepare for industrial action, NLC tells workers

 Emmanuel Oladesu and Frank Ikpefan   THE Nigeria Labour Congress (NLC) on Sunday gave a four-day ultimatum to the Federal Government to accept its demand for the consequential adjustment of salaries, based on the new minimum wage, or risk a nation-wide strike. The

Boarder Closure: Do not to increase price, CBN begs Rice millers, stakeholders

The Central Bank of Nigeria (CBN), has appealed to members of Rice Millers Association of Nigeria (RIMAN) and other stakeholders in the rice value chain not to increase the price of rice over boarder closure. Mr Godwin Emefiele, the CBN governor said this