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NEWS

Strike’ll add to hardship, N494,000 minimum wage unrealistic, says LP

The Labour Party in Nigeria has called on the workers’ unions to re-negotiate with the government on a new minimum wage rather than embarking on industrial action. The National Publicity Secretary of the Labour Party, Obiora Ifoh, made the call in an interview with the News Agency of Nigeria on Monday in Lagos State. Ifoh said that the strike was not an option, noting that it would cause more hardship […]

todayJune 3, 2024 4

NEWS

80% of Lekki buildings have no approval, says LASG

Lagos State Commissioner for Physical Planning and Urban Development, Dr Oluyinka Olumide, stated that 80 per cent of buildings in Ibeju Lekki have no approval. He disclosed this in a recent interview with newsmen. He said, “Just last week Thursday and Friday, myself and the team were in the Ibeju Lekki and Epe axis and you would agree with me that anybody passing through that corridor would see a lot […]

todayMay 6, 2024 1

BUSINESS

Govt palliative worsening food inflation, says Cardoso

The Governor of the Central Bank of Nigeria, Olayemi Cardoso, has said that the huge purchase of foodstuffs by the government as palliatives is contributing to the galloping food inflation in the country. He stated this in his contributions during the March Monetary Policy Committee, which was published on the website of the CBN. The MPC increased the benchmark interest rate to 24.75 per cent, from 22.75 per cent. The […]

todayMay 3, 2024

NEWS

Akeredolu didn’t anoint Aiyedatiwa as successor, says late gov’s ex-spokesperson

Richard Olatunde, former Chief Press Secretary to the late Governor of Ondo State, Oluwarotimi Akeredolu, has said that the late governor never wished the current governor, Lucky Aiyedatiwa, to succeed him. Olatunde made his position known in a statement made available to journalists on Tuesday. He was reacting to Aiyedatiwa’s claim that the late governor desired that he succeed him as governor. In February, Aiyedatiwa claimed that he was part […]

todayMarch 13, 2024 4

NEWS

Buhari sold Nigeria’s future, says Plateau gov

The Governor of Plateau State, Caleb Mutfwang, on Monday, lamented the economic hardship being faced by Nigerians and blamed the situation on the last administration led by ex-President Muhammadu Buhari. Speaking during the swearing-in of 22 Special Advisers and heads of government agencies at the Government House in Jos, Mutfwang said Buhari left the country’s economy in terrible shape for his successor, President Bola Tinubu. Mutfwang said, “We are at […]

todayMarch 5, 2024 7

BUSINESS

Nigeria facing worsening economic crisis, says IMF

The International Monetary Fund has said stalled per-capita growth, poverty and high food insecurity have exacerbated the ongoing cost-of-living crisis in Nigeria. The report came amid rising inflation, exchange crisis, weak economic growth and business shutdowns. The global lender said this in a new report titled ‘IMF Executive Board Concludes Post Financing Assessment with Nigeria.’ According to the report, low revenue collection has hampered the provision of services and public […]

todayFebruary 12, 2024 16 1

NEWS

Lagos reviewing property, rental laws, says Sanwo-Olu

The Governor of Lagos State, Babajide Sanwo-Olu, has disclosed that the government was reviewing the Property Law of Lagos State 2010 and the Rental Law of Lagos State 2011. He stated this at the just concluded 5th Lateef Jakande Housing Lecture Series Organised by the Real Estate Developers Association. According to Sanwo-Olu, the government plans to protect the interest of investors and end users in the state through the review. […]

todayDecember 11, 2023 41

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