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April 22, 2024 Labor Gives Federal Government 7-Point Agenda Ahead of Workers Day on May 1

Labor Gives Federal Government 7-Point Agenda Ahead of Workers Day on May 1

Moving on to Labour matters, the Nigeria Labour Congress – NLC has listed seven demands from the Federal Government ahead of the May 1, 2024 Workers’ Day.

 

Aside from demanding for a new minimum wage, the NLC is also asking for the creation of state and local government police to tackle insecurity in the country.

 

The congress also stressed that states and local governments, as well as the organised private sector, must pay the new minimum wage when it is eventually approved.

 

The 2024 Workers Day is particularly being looked forward to as it is expected that President BOLA TINUBU may unveil the newly proposed minimum wage for workers in the country on that day.

April 22, 2024 FG Confirms Nigeria’s Qualification for US$ 2.25b World Bank Loan

FG Confirms Nigeria’s Qualification for US$ 2.25b World Bank Loan

The Federal Government has announced its qualification for a loan from the World Bank, totaling 2.25 billion dollars.

 

The minister of Finance and Coordinating Minister of the Economy, Mr WALE EDUNunveiled this milestone during a joint press conference held by the Ministry of Finance and the Central Bank of Nigeria (CBN) at the spring meetings of the International Monetary Fund (IMF) and the World Bank in Washington D.C.

 

He said the package, approved by the Board of Directors of the World Bank, offers a 40-year term with a 10-year moratorium and a nominal 1 percent interest rate.

 

He added that Nigeria is set to benefit from budgetary support and low-interest funding from the African Development Bank, noting that negotiations with foreign direct investors are also underway.

April 22, 2024 Gov. Umo Eno Warns Saboteurs Against Fuel Hike in Akwa Ibom

Gov. Umo Eno Warns Saboteurs Against Fuel Hike in Akwa Ibom

Akwa Ibom State Governor, Pastor Umo Eno has warned those he described as a faceless group planning to  obstruct the supply of petroleum products to Akwa Ibom State.

 Governor ENO read the riot act when he spoke at the special service and fund raising for Church building projects at All Nations Christian Ministry Int”l. Onna Mission Field, Ikot Udo Junction, Onna Local Government Area.

 According to the Governor, the  group claiming to be members of the National Union of Petroleum and Natural Gas wish to withdraw their service of fuel delivery in Akwa Ibom.

 The Governor directed the Commissioner for Internal Security to liaise with the Coordinator of Ibom Community Watch and other security agencies to mount surveillance at the borders to checkmate the unscrupulous elements from carrying out their evil intentions.

Governor UMO ENO went ahead to note that he will meet with the Petroleum marketers and affiliate groups today by 5pm to further address the issues.

April 15, 2024 Electricity Workers Berate FG, Warns Against Economic Hardship Over Tariff Hike

Electricity Workers Berate FG, Warns Against Economic Hardship Over Tariff Hike

, Workers in the nation’s power sector have asked the Federal Government to stop deceiving Nigerians over the 300 percent hike in electricity tariff, and called for its reversal to avoid further socio-economic woes.

 

While advising the government to come clean on the hike and not be economical with the truth, they described the hike as nothing but another anti-people policy.

 

In a statement, the Acting General Secretary of the National Union of Electricity Employees, NUEE, DOMINIC IGWEBIKE, warned that if any of their colleague is attacked in the line of duty over the tariff hike, they would shut down power supply nationwide without notice.

 

However the Federal Government has appealed to members of the National Union of Electricity Employees not to down tools over the recent electricity tariff hike.

 

In an interview, Minister of Power, ADEBAYO ADELABU, who spoke through his media aide, BOLAJI TUNJI, said the government was doing everything to improve supply in Nigeria and ensure that everybody is happy about the new development.

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