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Salaries: FG To Intervene In 428 Agencies, Says Akabueze

Salaries: FG To Intervene In 428 Agencies, Says Akabueze       The Director General of the Budget Office, Ben Akabueze, has confirmed that about 428 Federal Government agencies would not be able to pay salaries by the end of November. Akabueze stated this on Tuesday when he appeared...

Why MDAs’ October Salary Is Delayed – Fed Govt

Why MDAs’ October Salary Is Delayed – Fed Govt       The Federal Government on Monday attributed the delay in the payment of salaries in some ministries, departments and agencies to the fact that the 2020 Budget was passed into law before the conclusion of negotiation on...

Fed Govt To Spend N204bn On Power Projects, Salaries

Fed Govt To Spend N204bn On Power Projects, Salaries       The Federal Government will spend N204.4 billion on projects and salaries for agencies and the Federal Ministry of Power in 2021. According to the budget proposal of the ministry, out of the N204bn budgeted, N198.3bn was for...

Air Peace Sacks 70 Pilots, Slashes Salaries By 40%

Air Peace Sacks 70 Pilots, Slashes Salaries By 40%   A Nigerian airline, Air Peace, has sacked over 70 pilots across its fleet. It also reduced staff salaries by up to 40 per cent. A member of the National Association of Aircraft Pilots and Engineers disclosed this to...

83% Businesses To Reduce Salaries, Downsize Over Revenue Losses

83% Businesses To Reduce Salaries, Downsize Over Revenue Losses   Although the lockdown may have been relaxed, the impact on businesses may lead to further high unemployment, reduction in consumers’ purchasing power as the latest survey by the Lagos Chamber of Commerce and Industry (LCCI), shows...

COVID-19: FAAN Slashes Workers’ Salaries

COVID-19: FAAN Slashes Workers’ Salaries   The Federal Airports Authority of Nigeria on Tuesday said it might not be able to pay full staff salaries as from May 2020 until there was an improvement in the current economic crisis caused by the COVID-19 pandemic. It, however, noted...