Governance

FG plans performance-based salary scheme for workers

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 […]

Tinubu Directs MDAs To Buy CNG-Powered Vehicles

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 […]

Tariff hike: Labour protests, disconnects NERC, TCN, DisCos’ offices

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 […]

FG plans further VAT increase, new sharing formula

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 […]

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