News

Good Morning! Here Are Some Major News Headlines In The Newspapers Today: Labour shifts ground on N1m minimum wage as panel meets Monday

Published

2 months ago

February 18, 2024

admin

1. Indications have emerged that the organised labour is prepared to lower its demand for N1m minimum wage for workers in the country in line with realities on the ground. The shift in position will likely be communicated to the Federal Government during the second meeting of the tripartite committee on the minimum wage on Monday and Tuesday.

2. The Economic and Financial Crimes Commission has established a task force to tackle illegal forex trading and naira abuse. The commission is combating illegal forex trading against the backdrop of the continued depreciation of the naira against the US dollar. According to data from the financial market infrastructure group warehousing, also known as FMDQ, the naira depreciated to N1,537.96 per US dollar on Friday from N1,498.25 on Thursday.

3. The Executive Secretary of the Nigerian Education Loan Fund, Akin Sawyerr, said student loans will be disbursed directly to the institutions of applicants to avoid diversion. He also noted that individuals who obtain the loans will be made to repay their loans two years immediately after completion of the mandatory National Youth Service Corps.

READ Northwest states may resort to mercenaries to fight terrorists -El-Rufai

4. The Lagos State Government has said it will begin full enforcement of the ban on the usage and distribution of Styrofoam food containers all over the state on Monday. The government said it would seize and confiscate any styrofoam found in shops within the state. Styrofoam is a raw material used to manufacture disposable plates used in eateries.

5. Operatives of the Lagos State Police Command have arrested three suspected members of a one-chance robbery gang. This was disclosed in a statement shared on the command’s X handle on Saturday. ‘One chance’ is commonly used in Nigeria to refer to a robbery that takes place when criminals disguised as commercial drivers pick up unsuspecting passengers intending to rob them.

6. Some bandits have invaded Kwassam and Sabon Layi Kan Makama communities in Kauru Local Government Area of Kaduna State, killing six residents, while scores, including a retired director of the Central Bank of Nigeria, were kidnapped. The Southern Kaduna Peoples Union confirmed the incident on Saturday, saying no fewer than 50 residents were abducted by the hoodlums.

READ FG raises 10-man panel to settle Kaduna/Labour dispute

7. Confusion erupted on Saturday in the Edo State chapter of the All Progressives Congress, APC, following the declaration of House of Representatives member, Dennis Idahosa as winner of the party’s governorship primary. The result was, however, disputed by Senator Monday Okpebholo (Edo Central) and the immediate past Minister of State for Budget and National Planning, Prince Clem Agba, both of whom said they won the primary election.

8. Worried by the escalating cost of cement despite huge patronage by road and housing contractors to cement manufacturers, Minister of Works, David Umahi, has summoned an urgent meeting of all cement manufacturers in Nigeria. Those invited are: Dangote Plc, BUA Plc, Larfarge and others.

9. Governors elected on the platform of the Peoples Democratic Party, PDP, have advised President Bola Tinubu to throw in the towel if he cannot provide a sustainable solution to the problems plaguing the nation. The Governors noted that the hardship and suffering being faced by Nigerians have no tribal, religious or party colouration, stressing that “a hungry man is an angry man”.

READ PDP Cancels presidential rally in Rivers, Wike says Atiku’s camp lacks capacity

10. The Federal Government has announced a 24 hour closure on the Third Mainland Bridge for Iyana Oworonshoki-Lagos Island-bound traffic from midnight on Sunday, February 18 to midnight on Monday, 19th February. The Federal Controller of Works, Lagos State, Mrs Olukorede Kesha, in a statement on Saturday night, said the emergency measure was to help fix an important section of the bridge undergoing comprehensive repairs.

Related Topics:lABOUR MINIMUM WAGE DEMAND N1 MILLION

Up Next

Kaduna gov, Uba Sani calls for ‘aggressive’ military operations against bandits

Don't Miss

Reps member Dennis Idahosa wins Edo APC guber ticket

Click to comment

News

Good Morning! Here Are Some Major News Headlines In The Newspapers Today: Military commander killed in ambush by bandits in Katsina

Published

17 mins ago

April 27, 2024

admin

1. Military commander of an army camp located at Sabon Garin Dan’Ali, in Danmusa local government area of Katsina state has been killed in an ambush. Sources said the incident happened Thursday evening and the corpse of the deceased, a major in the army, was deposited at a hospital in Katsina.

2. Movement would be restricted for the duration of today’s local government election in Oyo State, the State Government announced on Friday evening. The restriction will help officials of the Oyo State Independent Electoral Commission, OYSIEC, to conduct the poll without hindrance.

3. Senate President Godswill Akpabio, the Speaker of the House of Representatives, Rt. Hon. Tajudeen Abbas and the Deputy President of the Senate, Senator Barau Jibrin, were among the dignitaries who attended the wedding fatiha of the children of emirs of Kano and Bichi, Alhaji Aminu Ado Bayero and Alhaji Nasiru Ado Bayero, on Saturday.

READ Good morning! Here Are Some Major News Headlines In The Newspapers Today: N35,000 wage award: Labour gives governors ultimatum

4. President Bola Tinubu has approved the appointment of Mr. Jim Ovia, renowned banker and businessman, as the Chairman of the Board of the Nigerian Education Loan Fund, NELFUND. This is contained in a statement issued by Ajuri Ngelale, Special Adviser to the President on Media & Publicity, on Friday.

5. Governor Hyacinth Alia of Benue State, on Friday, urged his predecessors including Chief Samuel Ortom, to refrain from interfering in his administration, warning that he would not allow anyone to destabilise his government. Alia while briefing journalists on his return from the USA, Friday morning, said the past governors have had their own term.

6. The National Chairman of the ruling All Progressives Congress, APC, Dr Abdullahi Ganduje, has said the New Nigeria People’s Party, NNPP, led government in Kano State is behind the various protests against him in Abuja. Ganduje in a statement by his aide, Comrade Okpokwu Ogenyi, alleged that the Kano government had been hiring protesters from the streets, mostly Kwankwasiyya members, some of whom are from the North Central geo-political zone to demand his resignation.

READ Troops intercept truck load of cannabis, arrest two suspects in Ogun

7. The American International School of Abuja has paid $760,910.84 to the Economic and Financial Crimes Commission, EFCC, from the $845,852 school fees allegedly deposited by former Kogi State governor, Yahaya Bello in respect of five of his children in the school.

8. Bandits have attacked the palace of the Emir of Zurmi, Alhaji Bello Muhammad Bunu, killing three people and abducting some residents of the town. The bandits, who stormed the town around 10pm on Wednesday, according to locals, also attacked the residence of the former Military Administrator of Nasarawa State, Colonel Bala Muhammad Mande (rtd).

9. The Nigeria Correctional Service has stepped up efforts to track down and recapture escaped inmates of the Suleja Medium Security Custodial Centre, Niger State. The Minister of Interior, Olubunmi Tunji-Ojo, on Thursday, said the government would relocate a lot of correctional centres to create better infrastructure and security.

10. Men of the Economic and Financial Crimes Commission, assigned to tackle currency mutilation, dollarisation of the economy, and forex malpractice, have arrested 34 suspected currency speculators accused of foreign exchange fraud. This was made known in a statement shared on the commission’s website on Friday.

READ Subsidy: Stock homes with food, medicines, labour tells Nigerians as nationwide strike looms

News

UPDATED: Tinubu appoints Jim Ovia as chairman of education loan fund

Published

11 hours ago

April 26, 2024

admin

President Bola Tinubu has appointed Jim Ovia as the chairman of the Nigerian Education Loan Fund (NELFUND).

Ajuri Ngelale, presidential spokesperson, announced the appointment of Ovia, chairman of Zenith Bank, in a statement on Friday.

Ngelale said Tinubu believes that Ovia will bring his immense wealth of experience to ensure that no Nigerian student suffers a paucity of funds in the quest for tertiary education.

On April 3, Tinubu signed the student loans amendment bill into law to provide Nigerians with quality and accessible education.

The law will allow Nigerian students in tertiary institutions to access low-interest loans for tuition and other academic needs.

Subsequently, the president appointed Akintunde Sawyerr as the managing director and chief executive officer (CEO) of the fund.

Tinubu also appointed Frederick Oluwafemi Akinfala as the executive director of finance and administration, while Mustapha Iyal will serve as the executive director of operations of NELFUND.

READ Lagos CP visits family of Bolanle Raheem, says perpetrator won't go unpunished