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Inflation Rate Becoming Unbearable- Tinubu

The National Leader of the All Progressives Congress, Asiwaju Bola Tinubu, has urged the Federal Government to bring Nigeria out of the throes of recession by urgently reviewing its monetary policies. Tinubu spoke as a guest lecturer at the National Defence College Course 25 lecture,...

FG Committed to Minimum Wage Implementation – Ngige

The Minister of Labour and Employment, Sen. Chris Ngige, has reaffirmed the commitment of the President Muhammadu Buhari administration to the enhancement of the welfare of Nigerian workers by ensuring that employers of labour at all levels comply with the Minimum Wage Act. The minister...

Presidency Clears Magu, Babachir Lawal of corruption

President Muhammadu Buhari has informed the Senate that the Acting Chairman of the Economic and Financial Crimes Commission, EFCC, Mr. Ibrahim Magu, and the Secretary to the Government of the Federation, SGF, Babachir Lawal, have been cleared of alleged corrupt practices following an investigation...

Don’t Increase Petrol Price Now – PENGASSAN Warns

The Petroleum and Natural Gas Senior Staff Association of Nigeria has said that the time is not right for an upward review of pump price of petrol in view of the current economic situation in the country. The association, in a presentation at the public...

Buhari Pays N72b to China for Lagos-Ibadan Railway

President Muhammadu Buhari led Federal Government has released N72 billion counterpart funding for the construction of Lagos-Ibadan modernisation railway project. The Minister of Transportation, Mr Rotimi Amaechi made this known at the quarterly Presidential Business Forum which was presided over by Vice-President Yemi Osinbajo at...

Reps Issue Ultimatum Over N6trn Oil Proceeds

A House of Representatives ad-hoc panel has issued two weeks ultimatum to the Attorney General of the Federation, Abubakar Malami (SAN) and the Economic and Financial Crimes Commission (EFCC) to submit documents on the N6trillion undeclared proceeds of oil and gas exports. Others included in...