Author: Akintayo Adams

On January 30, the Federal Government, led by President Bola Ahmed Tinubu, would establish the Minimum Wage Committee. The committee’s recommendation will establish a new minimum wage for the nation. On May 29, 2023, President Bola Tinubu eliminated the fuel subsidy. As a way to lessen the impact of this decision, the Federal Government agreed to give N35,000 to each of its employees. The N35,000, according to organized labor, is only a temporary fix, and a revision of the minimum wage is required in 2024. In addition, the N30,000 minimum salary that is in place now will disappear at the…

Siminalayi Fubara, the governor of Rivers State, has appointed four new people as the State House Assembly is voting to overrule him in order to enact four new laws. On Friday, the governor named Ine Briggs the acting director general of the Bureau of Public Procurement (BPP), Tonte Davies the acting administrator of the New Cities Development Authority (NCDA), and Goodlife Ben the acting chairman of the Local Government Service Commission. The governor announced that the appointments are effective immediately in a statement issued by Tammy Danagogo, Secretary to the State Government. Four new measures were passed into law on…

According to the International Monetary Fund, high debt servicing costs continue to be an increasing concern, despite the fact that Nigeria and other low-income borrowers have not yet requested any debt relief. The multilateral lender stated in a recent report that the good news was that, since Ghana’s request more than a year ago, there had not been a significant request for complete debt relief from a low-income nation. The IMF praised Nigeria and three other nations for their recent improvements to their subsidy policies, which would free up funds for development expenditures and increase revenue. It stated, “Countries must…

The Super Eagles can win the Africa Cup of Nations in 2023, according to head coach of Cameroon Rigobert Song. The Super Eagles defeated Song’s Indomitable Lions 2-0 on Saturday in a Round of 16 match played at Felix Houphouet Boigny Stadium in Abidjan. In the hotly contested match, the Super Eagles outperformed the four-time champions. Throughout the entire encounter, Cameroon was unable to register a goal on target. Following the loss that eliminated his team from the competition, Song was all praise for his opponent. The former defender thought they had what it needed to win the competition and…

The federal government of President Bola Ahmed Tinubu has received advice from financial specialists on how to maintain the value of the Naira in the foreign currency market relative to the US dollar. The analysts discussed the ongoing foreign exchange issue, pointing out that on Friday, the Naira was trading at FMDQ at N891.90 per dollar, but on the underground market, it was trading at N1,420 per dollar. Chukwu said Nigeria going to the Eurobond Market to get a loan would have helped, but the country is already overburdened with debts. “But as it stands today (Saturday), that window is…

With the Naira strengthening vs the US dollar, the foreign currency market concluded the week impressively on Friday. The Naira dropped from N900.96 to N891.90 per US dollar on Thursday, according to data from FMDQ. In local currency, the result reflects a gain of N9.06 to settle at N891.90, up from its Friday closing value of N900.96 per US dollar. This is the result of the FX turnover, which closed at $115.19 million on Thursday and quoted at $100.97 on Friday. On the other hand, the Naira lost value on the parallel foreign currency market, and on Friday it hit…

On Friday, a few members of the iReign Christian Ministry in Lagos voiced dismay over the life sentence that an Ikeja Sexual Offenses and Domestic Violence Court handed down for the organization’s founder and senior pastor, Bishop Oluwafeyiropo (Feyi) Daniels, for the rape of a church member. According to churchgoers who talked with journalists, the pastor is a victim, and his incarceration won’t stop God’s work. The church is located at 1a Gbolade Adebanjo Crescent, Opebi, Ikeja. Daniels was given a life sentence by the court on Friday for the rape of his assistant, who is 23 years old. The…

Out of the 25,346 applications from Benue State that were shortlisted, 19,258 have been screened by the Nigeria Police Force. ASP Dominic Iornumbe, the head of the police recruitment team to the State, revealed this to Governor Hyacinth Alia on Friday during a visit to the Government House in Makurdi. He stated that the team that arrived in Benue on January 8, 2024, had finished uploading the screened applicants’ papers. If the facilities at the state-based police training school are upgraded, he said that the police and the Police Service Commission would be willing to hire a large number of…

Singer Simi Kosoko, from Nigeria, has disclosed that she doesn’t charge musicians for a feature. In a recent Tea With Tay podcast episode, Simi revealed this. The single mother claims that she is picky about the songs she appears in and that she only does so if she truly enjoys the music. “I have never charged for a feature up until this point. I have to truly enjoy a feature before I do it. “I must enjoy the song. Give me a half-day, and if I enjoy the music, I’m done. I’ll probably say no if I don’t like the…

The state of Oyo has documented 142 cases of lymphatic filariasis, or elephantiasis, in the past year, according to the government of the state. Dr. Muideen Babatunde Olatunji, the executive secretary of the Oyo State Primary Health Care Board, revealed this information at a news conference held in honor of the 2024 World Neglected Tropical Diseases (NTDs) Day. “Unite to Act Towards Elimination of Neglected Tropical Diseases” is this year’s event theme. Speaking on the state government’s efforts to fight elephantiasis and other neglected tropical illnesses, Olatunji mentioned that those who were afflicted have received treatment. Ten surgical procedures have…