The National Salaries Incomes and Wages Commission has developed a five -year strategic plan to enable it to achieve its mandate. The acting Chairman of the commission, Ekpo Nta, said this at a management retreat for the commission. He said for the commission to be successful in achieving its mandate, there was a need for […]

The Federal Government has said it will engage the private sector on tolling of the Lagos-Ibadan Expressway when the reconstruction is completed. The government also stated that there were also plans to install machines to weigh tonnes of good conveyed by trailers and tankers. The Minister of Works and Housing, Babatunde Fashola, had last year […]

The Nigeria Labour Congress (NLC) has called for increased vigilance, resilience, grit, discipline, patriotic commitment and innovative solutions by the Federal Government, security agencies and citizens to bring the reign of madness and impunity in Northeast to a conclusive end. The congress also commiserated with the government and the entire people of Borno State on […]

NON-DISCRETIONARY tax waiver grants, illicit financial flows abroad and high overhead costs have been identified as major reasons why the Federal Inland Revenue Service (FIRS) failed to meet its tax revenue targets in recent times. A statement from FIRS signed by Abdullahi Ahmad, Director, Communications and Liaison Department said the Executive Chairman of FIRS, Mr. […]

THE sum of N8.15 trillion was shared between the Federal, States, Local Governments and other statutory recipients by the Federation Accounts and Allocation Committee (FAAC) in 2019. This figure is N377billion or 4.42 percent lower than the 2018 figure of N8.524trillion, but N1.728trillion or 26.92 percent higher than the total disbursements of N6.419trillion made in […]

THE National President, Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA), Saratu Aliyu on Thursday disclosed that 23 million Nigerians are presently unemployed. According to the National Bureau of Statistic (NBS) data on unemployment of  2010-2019, unemployed Nigerians in 2010 stood at 3.5 million, increased to 21 million in 2018 and by […]

THE Nigeria Electricity Regulatory Commission (NERC) on Thursday said that the entire market participants in the Nigeria Electricity Supply Industry (NESI) recorded a total of N1.7 trillion tariff-related shortfall between 2015-2019. It insisted that in view of the fact that the core investors in electricity distribution companies (DisCos) are under contractual obligations to reduce the […]

The South-West regional security operation, code-named Operation Amotekun, has been adopted by governors of all the states in the South-West. It has also received the endorsement of the Inspector-General of Police, Muhammed Adamu. The South-West Governors’ Forum told Adamu in Lagos on Thursday that the development would facilitate efforts at securing local communities. The forum […]

Bureau of Public Enterprises (BPE) Director-General Mr. Alex Okoh on Wednesday called on stakeholders in the Nigerian Electricity Supply Industry (NESI) to address the non-cost reflective tariff of the 11 Electricity Distribution Companies (DisCos) or make provision for subsidies payment for the utilities. “I am not taking away the fact whether the DisCos lack capacities. […]

The House of Representatives on Wednesday asked President Muhammadu Buhari to declare a state of emergency on security. It also called for investigation into the reported low morale of frontline troops in the Northeast, the establishment of special/super camps by the Army and the withdrawal of soldiers from checkpoints to the camps. The lawmakers lamented […]