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NLC, TUC laud Buhari for signing new Minimum Wage bill

The Nigeria Labour Congress (NLC) and the Trade Union Congress (TUC) has lauded President Muhammadu Buhari for signing the N30,000 minimum wage bill into law. Mr Peter Ozo-Eson, General Secretary, NLC and Mr Bobboi Kaigama, the President of TUC in separate interviews on Friday in Abuja, described the action as laudable. Ozo-Eson said that the NLC

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Onnoghen’s resignation: Buhari is vindicated- APC

The All Progressives Congress (APC) said on Friday that the resignation of the suspended Chief Justice of Nigeria, Justice Walter Onnoghen has vindicated the action of the President and the stand of the party who earlier called for his resignation. Justice Onnoghen’s resignation is coming few hours after the National Judicial Council reportedly recommended to

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Senate will pass budget on April 16- Saraki

The Senate has promised to pass the 2019 budget on April 16. The Senate President, Bukola Saraki, made the announcement during  Tuesday’s plenary. He urged sub-committees of the Committee on Appropriations to submit their reports on  Friday. He also told the Committee on Appropriations to submit its report between April 9  and  11. Saraki subsequently adjourned plenary

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Budget Defence: Lack of Funds Mars Linking Major Cities by Rail- Amaechi

Oru Leonard The Federal Government has blamed the inability to secure the required capital to link the major cities across the country by rail as the main reason why construction work has not commenced, saying that its doors are    open to all willing investors that can muster the capital required

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Ekiti PDP’s Eleka rejects Appeal Court ruling, heads to Supreme Court

Prof. Kolapo Olusola-Eleka, the Peoples Democratic Party, PDP, candidate in the July 14, 2018 governorship election in Ekiti State is heading to the Supreme Court to further contest the victory of Governor Kayode Fayemi of the All Progressives Congress, APC. Olusola-Eleka is making the move after he rejected the judgement of the Court of Appeal

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N8.7bn debt: Innoson Motors to take over GTBank

Innoson Nigeria Limited, Nigeria’s indigenous vehicle production company, has instituted a move to take over Guaranteed Trust Bank, GTB, following a ruling by the Supreme Court over the bank’s N8.7 billion indebtedness to the company. The company’s chairman, Chief Dr Innocent Chukwuma, made the move through a “Writ of FiFa taken over Guaranty Trust Bank

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Court resumes $406.7m oil shipment suit against Shell June 6

A Federal High Court in Lagos will on June 6 resume trial in a suit filed by the federal government against Shell Western Supply & Trading Limited over alleged 406.7 million dollars deprivation in crude oil shipment. The suit numbered FHC/L/CS/336/16 was filed in Lagos by Prof. Fabian Ajogwu (SAN) on behalf of the federal

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