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NUPENG Begins Three-day Strike to Protest Members’ Sacking

The National Executive Committee of the Nigeria Union of Petroleum and Natural Gas Workers have taken a decision to commence a three-day warning strike to protest “anti-labour practices” in the oil and gas sector. The President of NUPENG, Mr. Achese Igwe, who spoke with journalists...

NUPENG Begins 3-day Warning Strike, Wednesday

Nigeria Union of Petroleum and Natural Gas Workers, NUPENG, is set to begin a three-day nationwide warning strike on Wednesday, over disputes with International Oil Companies, IOCs, especially indiscriminate sack of workers without benefits and refusal to allow their workers to join union. The union...

FG disburses N220.5bn loan to 35 States

The Federal Government has so far disbursed a total of N220.5 billion budget support facility to 35 states. Bauchi State Governor Mohammed Abubakar said Finance Minister Kemi Adeosun dropped the hint at the Council Chambers of the Presidential Villa in Abuja yesterday during the National...

FG probes Jonathan over Ecological Fund

The Federal Government will investigate the administration of former President Goodluck Jonathan over alleged unequal disbursement of N2 billion Ecological Fund to states. Vice President Yemi Osinbajo disclosed this at the Council Chambers of the Aso Rock Presidential Villa in Abuja yesterday while presiding over...

CBN Targets Foreign Investors for Economic Growth

The Central Bank of Nigeria will pursue price stability as an anchor for economic growth and attract foreign investors as the country battles economic recession and rising inflation, the CBN Governor, Mr. Godwin Emefiele, has said. “The central bank does not reckon that curbing inflation,...

FG Says No Decision Yet on Sale of National Assets

...Approves new bill to develop water sector The Federal Executive Council (FEC) is yet to take a decision on whether to resort to the sale of national assets to bail the economy out of recession. Answering questions from State House correspondents at the conclusion of yesterday’s...