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June 18, 2024 Presidency Insists on 62,000 Naira Minimum Wage
IFMUYONEWS

Presidency Insists on 62,000 Naira Minimum Wage

The Presidency has insisted that the 250,000 naira minimum wage clamour by Organised Labour is unsustainable, warning that the Federal Government cannot channel all its resources to meet such a demand.

 

The Special Adviser to President BOLA TINUBU on Information and Strategy, BAYO ONANUGA disclosed this after the Association of Local Governments of Nigeria – ALGON raised concerns over the 62,000 naira proposed by the Federal Government.

 

Replying to this, Mr. ONANUGA maintained that unless the Nigeria Labour Congress and the Trade Union Congress were selfish, they should consider that the resources meant for the entire Nigerians could not be channeled to only the benefit of their members who are not more than 10 per cent of the entire population.

June 17, 2024 Akwa Ibom State Government Says No To “Market Union By Force”
IFMUYONEWS

Akwa Ibom State Government Says No To “Market Union By Force”

the Akwa Ibom State Traders Association under the leadership of the Senior Special Assistant to the Governor on Market Matters, Akparawa IDORENYIN RAPHAEL has moved to put an end to forceful market unions in the State.

 

The development is in order to alleviate the sufferings of Akwa Ibom market people. Over the weekend, the Akwa Ibom State Market Monitoring Team took a tour toUrua Akpan Andem in Uyo,UruaMbakara and other markets in Ikot Ekpene.

 

Speaking at Urua Akpan Andem, Akparawa IDORENYIN RAPHAEL maintained that no trader should be forced to belong to any market union, affirming that such an act is punishable by law. He also noted that issue of ticketing in the market will be tackled.

 

Speaking also at UruaMbakara, the Governor’s Aide said that he was happy to discover the absence of union or ticketing in Ikot Ekpene market, reiterating that no one should be forced to join any market union.

 

He further revealed that the Governor’s plan to build an international market in Ikot Ekpene Local Government Area still stands, and that it is a proof that he has good intentions for both the traders and people.

 

Mr RAPHAEL added that the Governor had released 1.5 billion naira interest-free loan to traders with 500 million naira to be allocated to each Senatorial district.He urged traders to register their names at Ibom FADAMA Micro Finance Bank through their respective unions so as to get their share of the money.

June 17, 2024 President Tinubu Felicitates Nigerians at Eid Celebrations
IFMUYONEWS

President Tinubu Felicitates Nigerians at Eid Celebrations

 President BOLA TINUBU has called on Nigerians to show more care for their neighbours and extend charity to all in the spirit of Eid-el-Kabir.

 

Speaking with journalists after Eid-el-Kabir prayers in Lagos, the President said some level of sacrifice will be required to move the nation forward.

 

In his sermon, the Chief Imam of Lagos State, Sheikh SULEIMAN ABOU-NOLLA, who led the prayers, reiterated the need for more love, sacrifice and care for the poor and the vulnerable.

 

The Chief Imam urged citizens to pray that God Almighty grant the President the strength and wisdom to deliver on his vision for a better and prosperous nation.

June 17, 2024 Presidency Tackles New York Times on “Worst Economic Crisis of a Generation” Piece
IFMUYONEWS

Presidency Tackles New York Times on “Worst Economic Crisis of a Generation” Piece

The Presidency has tackled the New York Times over its report on the current economic situation in Nigeria, saying that President BOLA TINUBU on May 29, 2023, inherited a dead economy.

 

The Presidency also justified some of the policy decisions taken by the TINUBU’s administration like floating of the naira and fuel subsidy removal, declaring that the policies were taken in the best interest of the country.

 

Special Adviser to the President on Information and Strategy, BAYO ONANUGA, on Sunday reacted to the report credited to RUTH MACLEAN and ISMAIL AUWAL.

 

According to the Presidency, the feature story with the title, ‘Nigeria Confronts Its Worst Economic Crisis in a Generation’, published on June 11, reflected the typical predetermined, reductionist, derogatory and demeaning way foreign media establishments have reported African countries for several decades.

 

BAYO ONANUGA said because of the ‘misleading’ slant of the report, the government needed to clear up some misconceptions conveyed by the reporters.

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