...news, reports, issues... about Lagos
Nigerians spent about $3.82m on foreign healthcare-related services from January to December 2023, findings by The PUNCH have shown. Compared to $9.06m spent on medical tourism in 2022, there was a reduction of $5.24m in 2023. This is according to a report obtained from the Central Bank of Nigeria on the amount spent on health-related […]
Despite being commonly perceived as heavily indebted, Nigeria has been ranked as the second least indebted African country by the International Monetary Fund (IMF). This ranking emphasizes the significance of metrics such as the debt-to-GDP ratio in assessing a nation’s financial health. Lower ratios indicate stability, while higher ratios raise concerns about debt sustainability. Tanzania’s […]
The federal government’s wage bill will almost double at the very least if the organised labour doubles down on an unrealistic push for a 20-fold increase in the minimum wage. With the proposed minimum wage of N615,000, the government’s personnel costs for 1.5 million workers will rise from about N7 trillion which it currently stands […]
Independent petroleum marketers have expressed concern over the rising price of Premium Motor Spirit, PMS, otherwise known as petrol, in private depots to N710 per litre. With the increase, petrol pump prices at outlets operated by independent marketers also rose to between N730 and N750 per litre which has led to queues at some stations […]
The tripartite minimum wage negotiation meeting involving Organised Labour, the federal and state governments, and the Organized Private Sector, OPS, yesterday ended in deadlock, following Labour’s dismissal of the government’s N54,000 offer as expected. Labour leaders also lamented the absence of state governors in the meeting to present their offers, as their representatives said they had no […]
Nigeria Labour Congress (NLC) and Trade Union Congress of Nigeria (TUC), after a joint National Executive Council (NEC) meeting in Abuja on Monday evening, reiterate the readiness of workers to carry out a wide range of industrial action if the federal government fail to conclude new minimum wage negotiations and provide a living for the country’s workmen […]
The Lagos State Government has assured the public an activation of feeding programme in public primary and secondary schools. This was revealed by the Special Adviser to the Governor on Political, Legislative and Civic Engagement, Afolabi Abiodun at a ministerial press briefing on Monday at the Bagauda Kaltho Press Centre, Alausa, Ikeja. “Mr Governor has […]
At least 82 people have been burnt to death and properties valued at N25.37 billion destroyed in series of fire incidents in Lagos, Southwest Nigeria in the last one year. Commissioner for Special Duties and Inter-Governmental Relations, Gbenga Oyerinde disclosed this on Monday at a ministerial news conference in Alausa, Ikeja. He also disclosed that […]
ASABA — Nigerians have voiced anger over outrageous charges Point of Sale, PoS, operators take to withdraw money from their bank accounts. Citizens who spoke to Vanguard weekend expressed concern that PoS operators are gradually taking over the Automatic Teller Machine, ATM, services from banks across the country. Many resorted to PoS operators when they found after […]
Two students of the Lagos State University were hit by stray bullets outside the school campus at a popular students’ residential area called PPL late Monday. While the names of the students are yet to be known, likewise the identity of the shooter(s), it was reported that the victims were hit when they went to […]
