Rising up from an urgent meeting in Abuja on Friday, the Nigeria Labour Congress, NLC, has fixed January 27 and February 1, 2022 for massive protests nationwide against Federal Government’s plan to remove fuel subsidy. A communique issued at the end of the National Executive Council (NEC) meeting was signed by the NLC President, Ayuba […]
Headline inflation decreased by 0.59 per cent to 15.40 per cent in November, the Statistician-General of the Federation, Mr Simon Harry says. Harry, who made the announcement on Wednesday in Abuja during a media conference, also stated that the rebasing of the nation’s economy would take place in 2022 after completing the National Agricultural Sample […]
The Nigeria Labour Congress, NLC, Wednesday, described the continuous importation of Premium Motor Spirit, PMS, popularly called petrol as a forced policy to the country by the Nigerian National Petroleum Corporation (NNPC). This Congress also called on the Federal Ministry of Health to ensure that the amount agreed on the consolidated health salary structure is […]
The Debt Management Office has disclosed that Nigeria’s Public Debt was N38.005tn by third quarter of 2021. This was disclosed in a press statement titled ‘DMO publishes total public debt for Q3 2021’ published on the DMO’s website on Tuesday. It read, “In line with its practice, the Debt Management Office has published Nigeria’s Total […]
The Minister of Finance, Budget and National Planning, Zainab Ahmed, has said Nigerians will pay more taxes. She said this has been captured in the medium term as proposed in the Finance Bill 2021. The minister disclosed this Monday during a public hearing on the bill organised by the House of Representatives Committee on Finance. […]
The Presidency said on Sunday that there is no provision in the Finance Bill (2022) that states that banks will be required to request for Tax Identification Number before opening bank accounts for individuals and existing account holders must provide their TIN to continue operating their accounts. A top Presidency said this in a statement […]
Vice President Yemi Osinbajo on Saturday expressed optimism that young Nigerian graduates can provide solutions to the biggest challenges confronting the nation. He made the remark while speaking at the 60th anniversary of the Obafemi Awolowo University (OAU), Ile-Ife, in Osun State, according to a statement signed by presidential spokesperson, Laolu Akande. The Vice President, […]
A group under the aegis of Coalition of Northern Groups, on Wednesday, condemned the plan by the Federal Government to remove fuel subsidy, threatening to mobilise the entire people of the region to resist it. CNG said the plan by the government to increase the pump price of fuel to N340 per litre has continued […]
PRESIDENT Muhammadu Buhari has written the Senate, seeking the consideration and subsequent passage of the 2021 Finance bill that will guide the implementation of the 2022 appropriation. In a letter addressed to the President of the Senate, Senator Ahmad Lawan and read during plenary on Tuesday, President Buhari said that the bill when passed will […]
THE Nigeria Labour Congress, NLC, yesterday said it has commenced mobilisation against the Federal Government’s proposed increase of the Petroleum pump price of over 200 per cent in 2022. The Federal Government had announced that it would withdraw subsidy on petroleum products from next year, saying that the burden of the subsidy was heavy to […]
