NNPC Directors' Remuneration Jumps by 58% to N4.1bn
The cost of running the board and workforce of the Nigerian National Petroleum Company Limited (NNPCL) rose sharply in 2024, with directors’ fees and expenses climbing to N4.096bn, while total spending on employee benefits surged to N749.7bn,...
Debt Service, Salaries Gulp 105% of FG Revenue
Debt service and personnel costs have swallowed more than the Federal Government’s total revenue for the first seven months of 2025, even as receipts fell sharply below target and capital projects suffered deep cuts.
An analysis of the 2026–2028 Medium-Term...
Companies Raise Employees' Salaries by 18.35% in Six Months
To combat rising inflation in the country, companies increased the salaries of their staff members by 18.35 per cent to N29.45 trillion in the first six months of 2023.
This is based on data from the National...
FG to Spend N7.76tn on Salaries, Others
The Federal Government’s recently agreed wage with the Labour Congress, salaries to federal workers, and other non-debt recurrent costs are expected to gulp N7.76tn in 2023.
This is based on data from the initial 2023 budget and recently signed...
RMAFC Defends Salaries of Political Office Holders
The Revenue Mobilisation Allocation and Fiscal Commission (RMAFC) says political officeholders do not earn outrageous salaries.
Muhammed Shehu, chairman of the commission, made this known to NAN in Abuja on Sunday.
Shehu had earlier said the salaries of politicians, judicial...
Presidential Panel Reviewing Workers’ Salaries - FG
The Federal Government has said it will soon announce salary increments for civil servants and public officials due to the steady increase in the prices of consumer goods.
This was as it said a Presidential Committee on Salaries is...
