FG to harness Nuclear energy for electricity generation The Nigeria Atomic Energy Commission (NAEC) in partnership with the Centre for Energy Research and Training (CERT), Ahmadu Bello University, Zaria, are in plans to deploy nuclear technology to strengthen electricity generation in Nigeria. Yusuf-Aminu Ahmed, chairman of NAEC,[Read More…]
New minimum wage: FG sets May 1 for implementation The Federal Government says although the Tripartite Committee On National Minimum Wage is yet to conclude its negotiations, workers will not lose anything as the new minimum wage will take effect from May 1, 2024. The Minister of State Labour,[Read More…]
FG approves pay rise for civil servants The Federal Government, on Tuesday, announced an increase of between 25 per cent and 35 per cent in salary increase for civil servants on the remaining six Consolidated Salary Structures. The salary increase, announced on the eve of the Workers’ Day celebration,[Read More…]
FG announces $10bn Diaspora Investment Fund The federal government has announced plans to set up a $10 billion diaspora fund to attract investment from citizens living abroad. In a post on X on Thursday, Doris Uzoka-Anite, minister of industry, trade and investment, said the federal government is seeking bids from[Read More…]
FG, Bill Gates propose digital identity platform to boost tax collection Bill Gates, former chief executive officer (CEO) of Microsoft, has said he is working with the federal government (FG) on an identity technology platform for easy tax collection. Gates disclosed this during a meeting with President Bola Tinubu[Read More…]
FG to get $2.25bn loan from World Bank in June The World Bank will, in June 2024, consider and give final approval to Nigeria’s $2.25 billion loan request, the finance ministry said Monday. The loan comprises a $1.5 billion loan in Development Policy Financing and another $750 million in[Read More…]
FG to sell 5 electricity distribution companies managed by Banks to Technical Power Operators The federal government says it would sell off five electricity distribution companies (DisCos) under the management of banks and Asset Management Corporation of Nigeria (AMCON) in the next three months to technical power operators.[Read More…]
UTME: Minimum age for Varsity admission still 18 – FG The minister of education, Tahir Mamman, has said the minimum age for admission into Nigerian higher institutions of learning is 18 years. Tahir Mamman disclosed this on Monday during a monitoring exercise of the ongoing 2024 Unified Tertiary[Read More…]
Nigeria Govt says it will save N1.5tn, 2.5m meter installations from Tarif hike The Federal Government has raised the amount that it would save this year following the recent hike in electricity tariff for Band A customers to N1.5tn. It also stated that about 2.5 million meters would be[Read More…]
Labour Party urges FG to reconsider Electricity Tariff hike The Labour Party (LP) has called on the Federal Government to reconsider its decision to hike the tariff payable by some electricity consumers in the country. Mrs Olubunmi Odesanya, Lagos State Publicity Secretary of the party, made the call in[Read More…]
