FGN - Abia ThinkTank News

Oct

01

2024

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By Abia ThinkTank

Minimum Wage: FGN Raises Retiree’s Pension By N32,000

Economy, FGN, Labour, News Flash

Minimum Wage: FG Raises Retirees’ Pension By N32,000 Following the consequential adjustment in salary structures by the committee set up by the government to review the new minimum wage, retirees will now receive an increment of N32,000 in their monthly pensions. This was revealed in a memo by the National Salaries, Wages, and Income Commission, sighted on Monday by The PUNCH. According to the memo, dated September 27, 2024 and signed by the Chairman of the NSIWC, Ekpo Nta, the affected retirees are those who retired under the salary schemes for doctors, health workers, lecturers, police, paramilitary, armed forces, and…

Oct

01

2024

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By Abia ThinkTank

Full Text Of President Tinubu’s Speech On Nigeria’s 64th Independence Anniversary

FGN, News Flash, People & Events

Full Text Of President Tinubu’s Speech On Nigeria’s 64th Independence Anniversary Fellow Nigerians, as I address you today, I am deeply aware of the struggles many of you face in these challenging times. Our administration knows that many of you struggle with rising living costs and the search for meaningful employment. I want to assure you that your voices are heard. As your President, I assure you that we are committed to finding sustainable solutions to alleviate the suffering of our citizens. Once again, I plead for your patience as the reforms we are implementing show positive signs, and we…

Oct

01

2024

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By Abia ThinkTank

Why We Dropped Money Laundering Charges Against Bobrisky; EFCC Reveals

Crime, FGN, News Flash

Why We Dropped Money Laundering Charges Against Bobrisky; EFCC Opens Up The Economic and Financial Crimes Commission (EFCC), has revealed its reasons for dropping money laundering charges against social media sensation and cross dresser, Idris Okuneye, popularly known as Bobriksy. This was disclosed by the EFCC in a statement on Monday. A Prosecutor with the Economic and Financial Crimes Commission, EFCC Bilikisu Bala on Monday told a Joint Committee of the House of Representatives investigating allegations of corruption against some officers of the Commission, and the Nigeria Correctional Service that charges of money laundering dropped in the trial of Bobrisky…

Sep

30

2024

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By Abia ThinkTank

World Bank Approves $1.57Billion Loan In Financing For Nigeria

CBN/Commercial Banking, Economy, FGN, News Flash

World Bank Approves $1.57 Billion Loan For Nigeria The World Bank has approved three new loan requests totalling $1.57bn in financing for Nigeria. According to a statement released on Monday, the approval is to support the Federal Government in strengthening human capital through better health for women, children and adolescents. It added that the approved projects would also help build resilience to the effect of climate change such as floods and drought through improving dams safety and irrigation. The statement read, “The World Bank has today approved three operations for a total of $1.57bn to support the Government of Nigeria…

Sep

29

2024

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By Abia ThinkTank

FGN To Distribute 2,000 CNG-Powered Tricycles To Youths Across Nigeria From October 1st

Economy, FGN, News Flash

FG To Distribute 2,000 CNG-Powered Tricycles To Youths Across Nigeria From October 1st The Federal Government, through the Presidential Compressed Natural Gas Initiative (PCNGi), will begin the distribution of 2,000 CNG-powered tricycles to youths in the transportation sector across Nigeria starting October 1st, 2024. The initiative aims to distribute 2,000 CNG-powered tricycles to youths in the transportation sector across the country, as part of efforts to address rising transportation costs and promote more sustainable and affordable mobility options. In an X (formerly Twitter) post on Saturday, PCNGi highlighted that the program is part of the Tinubu administration’s broader strategy to…