FGN - Abia ThinkTank News

Jun

2024

FGN Restarts N75,000 Cash Payment To 75 Million Nigerians

FG Restarts N75,000 Cash Payment To 75 Million Nigerians The Federal Government announced on Tuesday the reinstatement of the suspended social investment programme, aimed at providing direct payments to 75 million Nigerians across 50 million households. This initiative is intended to alleviate the hardships faced by citizens, particularly vulnerable groups, as disclosed during a ministerial sectoral briefing marking President Bola Tinubu’s first year in office. Wale Edun, the Minister of Finance and Coordinating Minister of the Economy, revealed that the cash transfer programme had undergone significant overhauls to address and mitigate fraud. This announcement follows the suspension of all National…

Jun

2024

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By Abia ThinkTank

Tinubu Directs Finance Minister, Wale Edun To Present New Minimum Wage Template In 2 Days

Economy, FGN, News Flash, Presidency

Tinubu Directs Finance Minister, Wale Edun To Present New Minimum Wage Template In 2 Days President Bola Tinubu has directed the Minister of Finance, Wale Edun, to present the cost implications for a new minimum wage within two days. Tinubu gave the order at a meeting with the government negotiation team led by the Secretary to Government of the Federation, George Akume, at the presidential villa in Abuja. The Minister of Information and National Orientation, Mohammed Idris, disclosed this in an interview with correspondents after the closed-door meeting on Tuesday. Idris said the President had a meeting with the representatives…

Jun

2024

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By Abia ThinkTank

Tinubu Names Abuja Highway After Whole Soyinka

Abuja, Environment, FGN, News Flash, Presidency

Tinubu Names Abuja Highway After Wole Soyinka President Bola Tinubu has named the just inaugurated arterial road N20 from the northern parkway to the outer northern expressway (ONEX) in the federal capital territory (FCT) as the Wole Soyinka Highway. Bayo Onanuga, special adviser to the president on information and strategy, said in a post shared on X on Tuesday that the naming of the road after the Nobel Laureate was recommended by the FCT administration. “In naming the road after the distinguished playwright, poet and novelist who clocks 90 on 13 July, President Tinubu said Soyinka was the first African…

Jun

2024

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By Abia ThinkTank

Address Electricity Tarriff Hike Alongside Minimum Wage Increase – Labour Tells FGN

Columns/Opinions/Letters, Economy, FGN, News Flash, Power & Energy

Address Electricity Tariff Hike Alongside Minimum Wage Increase – Labour Tells FG The Nigerian Labour Congress (NLC) and the Trade Union Congress (TUC) say the federal government should address the issue of the electricity tariff hike. On Monday, the two unions announced that they had “relaxed” their nationwide strike. Joe Ajaero, NLC president, said the strike has been “relaxed for one week”. Labour had embarked on the strike after negotiations with the federal government on a new minimum wage hit a brick wall. The industrial action paralysed economic and government activities across the nation for two days. In a communiqué…

Jun

2024

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By Abia ThinkTank

NLC Strike: FG Offers To Pay More Than N60,000 As Minimum Wage

FGN, Labour, News Flash

FG Offers To Pay More Than N60,000 As Minimum Wage The Federal Government has agreed to pay more than the N60,000 it initially proposed as new minimum wage. The decision was taken at a meeting the government had with labour leaders on Monday night in Abuja to address the dispute over the national minimum wage in response to the nationwide strike declared by the organised labour.. The meeting, held in the office of the Secretary to the Government of the Federation, on Monday evening aimed to resolve the impasse and bring an end to the industrial action that had paralysed…

Jun

2024

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By Abia ThinkTank

Visa Ban Imposed On Nigeria By UAE Resolved -Keyamo

Immigration, FGN, News Flash

Visa Ban Imposed On Nigeria By UAE Resolved – Keyamo Minister of Aviation and Aerospace Development, Mr Festus Keyamo, has said the United Arab Emirates, UAE, authorities have concluded plans to lift the travel barriers between it and Nigeria. Speaking to newsmen at the welcome dinner for delegates attending the International Air Transport Association, IATA, 80 Annual General Meeting and World Air Transport Summit in Dubai, weekend, Keyamo said issues relating to visa denial by the UAE had been resolved. He added that an announcement would soon be made, saying what remained was to fine-tune the processes for lifting the…

Jun

2024

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By Abia ThinkTank

Labour’s N494,000 Minimum Wage Demand Amounts To N49.5 Trillion Yearly, But Unsustainable -FG

Columns/Opinions/Letters, FGN, News Flash

PRESS RELEASE Labours’ N494,000 minimum wage demand amounts to N9.5 trillion yearly, but unsustainable – FG The Minister of Information and National Orientation, Mohammed Idris, has said the sum of N494,000 national minimum wage being demanded by organized labour, which cumulatively amounts to the sum of N9.5 trillion bill, is capable of destabilizing the economy and jeopardizing the welfare of over 200 million Nigerians. Idris stated this at a news conference in Abuja in response to the threat by the organized labor to embark on strike if their demands were not met. He said the offer of N60,000 minimum wage…

Jun

2024

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By Abia ThinkTank

FG Invites Labour For Emergency Meeting Tuesday

FGN, News Flash, Politics

FG Invites Labour For Emergency Meeting Tuesday In a bid to stop the ongoing strike by organized labour, the Federal Government, through the National Salaries Wages and Income Commission, has extended an invitation to the leaders of the Nigeria Labour Congress and Trade Union Congress. However, it is not yet clear if the Labour leaders will attend the meeting. Some unions have shut their workplaces to comply with the directive of the two labour unions to embark on an indefinite nationwide strike. On Friday, organised labour announced that they will be commencing a nationwide indefinite strike due to the refusal…

Jun

2024

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By Abia ThinkTank

Labour’s N494,000 Minimum Wage Demand Unsustainable – FG

Columns/Opinions/Letters, Economy, FGN, Labour, News Flash

Labours’ N494,000 Minimum Wage Demand Unsustainable – FG The Minister of Information and National Orientation, Mohammed Idris, has said the sum of N494,000 national minimum wage being demanded by organized labour, which cumulatively amounts to the sum of N9.5 trillion bill, is capable of destabilizing the economy and jeopardizing the welfare of over 200 million Nigerians. Idris stated this at a news conference in Abuja in response to the threat by the organized labor to embark on strike if their demands were not met. He said the offer of N60,000 minimum wage by the Federal Government, which translates to a…

Jun

2024

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By Abia ThinkTank

JAMB Releases 3,921 Additional Exam Results, Reschedules Exams

Education, FGN, News Flash

JAMB Releases 3,921 Additional Exam Results, Reschedules Exams The Joint Admissions and Matriculation Board (JAMB) announced on Sunday that the 2024 Direct Entry (DE) registration will now close on Monday, June 17, 2024. To accommodate the increased number of prospective DE candidates, JAMB has expanded DE registration points beyond the Professional Registration Centres (PRCs) in the states experiencing high demand. This decision comes in response to numerous requests and pleas from stakeholders and authorities over the past month for an extension. Spokesperson for JAMB, Fabian Benjamin, in a statement on Sunday, listed centres in affected states as follows, Lagos State,…