Minister of Finance and Coordinating Minister of the Economy, Wale Edun, on Tuesday, disclosed that President Bola Tinubu has approved an emergency economic plan to be implemented within the next six months. Edun spoke in Abuja during the sectoral report of the Tinubu administration’s first year in office, saying the president gave the approval to further stabilise the economy. Edun said, “A fresh intervention approval from Mr. President today is the economic emergency plan for stabilising the economy and to be implemented over the next six months. “This was put together by the president’s economic team, by the private sector…
Author: Daily News Hub
…say ‘it’s one year of hopelessness, hardship, insecurity’ Samuel Adesola, Abuja Labour Party caucus in the House of Representatives, on Tuesday, described President Bola Tinubu’s one year in office as a period marked by economic hardship, insecurity and hopelessness, contrary to the promised ‘Renewed Hope’ mantra of the administration. The LP Reps’ assessment of Tinubu wascontained in a State-of-the-Nation statement issued in Abuja on Tuesday and signed by the caucus Leader, Hon. Afam Victor Ogene, to mark the first year anniversary of the Tinubu administration. According to the LP caucus, “It’s bewildering that the economy of the nation has dangerously…
…as Labour rejects fresh N60,000 offer, insists on N494,000 . May 31 deadline approaches Samuel Adesola, Abuja Inspite of Federal Government’s addition of the sum of N3,000 to its initially proposed N57,000 minimum wage, making it the sum of N60,000 proposed on Tuesday during a meeting of the tripartite committee on minimum wage in Abuja, the Organised Labour staged a walk-out from the meeting. But Organised labour, comprising the Trade Union Congress and the Nigeria Labour Congress, also cut down N3,000 from its last proposal of N497,000 during the last minimum wage meeting, shifting its position from the previous stance…
Segun Olatunji On June 13, 2024 when President Bola Ahmed Tinubu issued a proclamation announcing the commencement of the legislative activities of the 10th Senate, Senator Lawal Adamu Usman, fondly called Mr. LA by his supporters and admirers, officially assumed office as the Senator representing the good people of Kaduna Central Senatorial District of Kaduna State. But long before that day, Adamu now popularly referred to as Senator LA, had hit the ground running. The moment his victory was announced by the Independent National Electoral Commission (INEC) following his shocking defeat of the ruling All Progressives Congress (APC) candidate, Muhammad…
After years of struggle characterised by wanton arrests, imprisonment, and assassinations of pro-democracy activists, Nigeria finally returned to the path of democratic governance on May 29, 1999. This gesture, which drove the military back to the barracks and ushered in a new dispensation, is most often referred to as Nigeria’s fourth republic. This has so far been the longest civilian rule without inference from the military since Nigeria’s independence in 1960. The journey has, however, not been smooth. The trajectory has witnessed some controversies that were weathered by the sheer will of Nigerians to strengthen their nascent democracy. Below are…
By Tom Garba, Yola Movement for the Emancipation of North East Forum has lauded Brig Gen Mohammed Buba Marwa (rtd), CON, OFR for his renewed efforts in launching offensives against drugs-related crimes. President of the group, Distinguished A B Kwaccham, in a press statement, said Marwa who is the 10th Chairman/Chief Executive Officer of the National Drugs Law Enforcement Agency (NDLEA) is exceptionally doing well in curbing high rate of drug-induced criminality across the country. Kwacham said the vast experience Marwa garnered while serving as military administrators of Borno between 1990 and 1992 and Lagos State from 1996 to 1999…
Officers of the Nigerian Immigration Service (NIS) who are on mission in different countries abroad have lamented the non-payment of their allowances since December last year. The officers lamented their ordeal while speaking anonymously with Daily Trust. One of the affected officers said the allowances of October and November 2023 were paid in March this year. Outlining the allowances to include housing, health, utility among others, the officer said the situation has caused serious hardships, adding that some of them were already having challenges paying their rents. The officer pointed out that payment of rents are monthly, unlike Nigeria which…
Armed Okada riders, on Monday, invaded Ipaja Police Station in Lagos State, engaging policemen on ground in a gun battle . The incident caused panic among residents, leading to the reinforcements of police personnel. Lagos Police Public Relations Officer, SP Benjamin Hundeyin, confirmed the incident, saying the situation had been brought under control. The PPRO said in a statement, “Officers of Ipaja Police Division have successfully repelled an early morning attack on their division by motorcycle operators. The attack came after police officers commenced the day’s enforcement of the existing ban on motorcycles in Lagos State. “The attackers, who came…
Founding national secretary of Alliance for Democracy, Prof Udenta Udenta, has urged President Bola Tinubu to dump the ideas being imposed on his administration by the International Monetary Fund in order to pull Nigeria out of its current economic challenges. Udenta gave this advice while speaking on the first anniversary of President Tinubu’s administration on Channels Television’s political programme, Sunday Politics. c“There is no help coming from IMF or Washington Consensus. They want to beat the state down, they want the state to keep coming back to them so that they can impose their structural adjustment programmes,” he warned. The…
The face-off between Edo Governor Godwin Obaseki and Oba of Benin, Omo N’Oba N’Edo Uku Akpolokpolo, Oba Ewuare II, over the return of stolen artefacts and balkanisation of Benin Kingdom deepened on Monday with the Benin Royal Family suspending one of the Enigie (Dukes), Prof. Gregeory Akenzua. Akenzua, a Professor of Gynecology, who is an ex-Deputy Vice-Chancellor of the University of Benin (UNIBEN) and former Chairman of the Governing Council of Ambrose Alli University (AAU), Ekpoma, is a younger brother to Oba Erediauwa, the father of the reigning Oba of Benin. Members of the Benin royal family, consisting of the…