...news, reports, issues... about Lagos
After several weeks of hiatus, the tripartite committee set up by the Federal Government will finally meet today (Wednesday), May 15, 2024, sources familiar with the matter confirmed the development to our correspondent in Abuja on Monday. The Labour unions also stood their ground on their proposal of N615,000 minimum wage while insisting on May […]
The Federal Government has asked the organised Labour not to derail its transformation plan for the electricity sector. The Nigeria Labour Congress (NLC) and Trade Union Congress (TUC) had picketed offices of the National Electricity Regulatory Commission (NERC) and Distribution Companies nationwide over the hike in electricity tariff. The unions had described the upward review, […]
A new wage system based on employee’s productivity in the civil service is underway, the Federal Government said on Monday. The government said with the system, workers on the same level could earn different salaries. The government said the formulation of an innovative wage system was being considered because it realised that productivity was a […]
President Bola Tinubu has directed the mandatory purchase of compressed-natural-gas-powered vehicles by all government ministries, departments, and agencies. The president said the directive is in furtherance of the country’s effort to transition to cleaner energy as CNG-enabled vehicles have been adjudged to produce lower emissions, even as they present a more affordable alternative for Nigerian […]
ABUJA — Organized Labour yesterday shut down the headquarters of the Nigeria Electricity Regulatory Commission, NERC, the Transmission Company of Nigeria, TCN, and Abuja Electricity Distribution Company, AEDC, headquarters over the recent hike in electricity tariff. Under the aegis of the Nigeria Labour Congress, NLC, and its Trade Union Congress of Nigeria, TUC, Organised Labour which […]
The Federal Government is working on a system that will provide tax relief to 95 percent of the informal sector of the economy. Mr Taiwo Oyedele, chairman of the Presidential Fiscal Policy and Tax Reforms Committee, said this at the closing session of the committee on Sunday in Abuja. He said this would be achieved […]
The National Economic Summit Group has faulted the timing of the cybersecurity levy, a directive by the Central Bank of Nigeria, stressing that it should be directed at the wealthy and not the vulnerable. The Group, in a note stating its position on the policy on Thursday said that the 0.5 percent levy will pose a burden on […]
President Bola Tinubu says he is determined to ensure Nigeria attains self-sufficiency in food production before he leaves office. Tinubu said this on Thursday, in Niger State during the groundbreaking ceremony for the 84km, N169.7bn Bida-Minna Road construction in the Kakakpagi, Katch Local Government Area of the state. Represented at the event by the Minister […]
Human rights activist, Femi Falana has demanded that the 317 people deported from Lagos State to Osun State must be relocated to Lagos. Falana made this demand in a statement made available to Vanguard on Thursday. Recall that last weekend, 317 Nigerian citizens of Osun State origin were rounded up in several parts of Lagos […]
The presidential committee on fiscal policy and tax reforms says there is a need to increase the value-added tax (VAT) rate. Speaking at the policy exposure and impact assessment session organised by the committee, the committee chairman, Taiwo Oyedele, also disclosed that the VAT revenue-sharing formula would be reviewed. Oyedele added that the committee has proposed reviewing state […]
