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January 3, 2025 Governor Fubara of Rivers Signs 2025 Budget Into Law
IFMUYONEWS

Governor Fubara of Rivers Signs 2025 Budget Into Law

Rivers State Governor SIMINALAYI FUBARA has signed the N1.1 trillion 2025 Budget into law.

FUBARA, in a speech after signing the bill into law today, January 2, 2025, thanked the VICTOR OKO-JUMBO-led State Assembly for doing a good job.

He went ahead to restate that MARTINS AMAEWHULE and 26 other members who defected from the Peoples Democratic Party (PDP) to the All Progressives Congress (APC) cease to be recognised as legislators in the state.

The AMAEWHULE led lawmakers all loyal to former Governor of the state, NYESOM WIKE, recently made efforts at recanting their actions.

January 3, 2025 Peter Obi Charges President Tinubu to Reduce International Travels
IFMUYONEWS

Peter Obi Charges President Tinubu to Reduce International Travels

The Labour Party Presidential Candidate in the 2023 elections, Mr. PETER OBI has advised President BOLA TINUBU to reduce his overseas trips and engage in more local tours in order to understand the deplorable state of Nigerian roads.

Mr. OBI, who stated this in a press conference monitored by inspiration FM news this morning, frowned that out of approximately 580 days in office, the president has spent 30% or 180 days in 30 publicly recorded foreign trips.

He mentioned that local visits will give the President a good opportunity to understand the economic and security wrongs across the country, and also visiting schools, hospitals, and other facilities across the country will help the President make informed decisions on how to upgrade and make them efficient.

Speaking further PETER OBI emphasized his stand on Taxation in the country, saying it is wrong for the federal government to tax over 100 million citizens, when Nigeria is more of a consumption country.

He suggests that what should be done now instead on focusing on taxing poor and suffering citizens, is to make the country productive with a seemingly stable economy and then introduce proper taxation to generate revenue.

January 3, 2025 Labour Says It’s Already Pushing for the Next Increase in Minimum Wage
IFMUYONEWS

Labour Says It’s Already Pushing for the Next Increase in Minimum Wage

The Organised Labour has revealed that it is pushing for an annual increase to the 70,000 naira minimum wage paid to workers in Nigeria.

The president of the Trade Union Congress, TUC, FESTUS OSIFO said this in a programme monitored by INSPIRATION FM News, stressing that it is important that the minimum wage paid to workers reflect a rise in inflation every year.

According to him, members of the organisation, as well as their colleagues in the Nigeria Labour Congress, NLC, have begun talks in that regard.

It might interest you to know that in July 2024, after months of protracted talks, the Federal Government and labour unions reached a consensus figure of 70,000 naira minimum wage which was later approved by President BOLA TINUBU.

The increase came five years after the last review which was pegged at 30,000 naira.

However, with the astronomic rise in cost of living, attributed to a more than quadruple hike in energy costs and petrol subsidy removal, labour unions have argued that 70,000 naira cannot take any worker home and thus demanded a decent living wage.

January 3, 2025 President Tinubu Assures Governors That Financial Autonomy Will not Snatch Local Governments From Them
IFMUYONEWS

President Tinubu Assures Governors That Financial Autonomy Will not Snatch Local Governments From Them

President BOLA TINUBU has tasked the 36 state governors with leading development at the grassroots, saying the financial autonomy granted to local governments is not an attempt to snatch the third tier of government from governors.

The President said the leadership of governors at the subnational level is central to achieving food security, economic prosperity and rapid national growth.

TINUBU stated this when members of the Nigeria Governors Forum (NGF) led by Kwara State Governor ABDULRAHMAN ABDULRAZAK paid him a New Year homage at his Ikoyi residence in Lagos.

The President stressed the importance for grassroots development and dispelled rumours of disagreement with the governors, calling for stronger collaboration between the federal and state governments.

On his part, ABDULRAHMAN ABDULRAZAK, who is the chairman of the Nigeria Governors Forum assured the President of the support of the Governors.

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