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Naira Redesign: FG may Extend Deadline as Malami, El-Rufai, Other Governors Meet

Naira Redesign: FG may Extend Deadline as Malami, El-Rufai, Other Governors Meet There are strong indications that the federal government is toying with the idea of extending the deadline for the use of N200, N500 and N1000 notes to bring an end to the cash...

How Governors Received N625.43bn Oil Derivation, Refunds in Two Years – Presidency

How Governors Received N625.43bn Oil Derivation, Refunds in Two Years - Presidency The Presidency has said nine oil-producing states received a total of N625.43 billion 13 percent oil derivation, subsidy and SURE-P refunds from the Federation Account in the last two years, 2021-2022. According to a...

More Governors Resolve To Join VAT Collection Suit

More Governors Resolve To Join VAT Collection Suit           South-south Governors Forum, yesterday, declared support for states’ collection of Value Added Tax (VAT) as ordered by a Federal High Court in Port Harcourt. The forum, comprising governors of the six oil-rich Niger Delta states of Rivers,...

Governors Reject FG’s Plan To Ask For Refund Of N614bn Bailout

Governors Reject FG's Plan To Ask For Refund Of N614bn Bailout   The Federal Government has demanded the repayment of N614bn it offered to 35 states under the National Budget Support Loan Facility. The Minister of Finance, Budget and National Planning, Mrs Zainab Ahmed, who disclosed this...

Minimum Wage: Strike Looms As FG, Govs Meeting Deadlock

Minimum Wage: Strike Looms As FG, Govs Meeting Deadlock   The strike threatened by Nigeria’s organised labour appears imminent as the meeting between the federal government’s Economic Management Team (EMT) and state governors on labour’s quest for a new minimum wage failed to reach consensus on...

Minimum Wage: Hope As FG, Governors Meet Today

Minimum Wage: Hope As FG, Governors Meet Today   The Economic Management Team would meeting state governors today to harmonise positions on the ongoing negotiation with labour unions over new national minimum wage. Daily Trust reports that the labour unions have threatened to embark on nationwide strike...