News Update

The ongoing negotiations for a new minimum wage have deadlocked following the inability of the Federal Government and the organised labour to reach a consensus on the issue. President Bola Tinubu gave this indication in his speech during this year’s International Workers’ Day celebration in Abuja, on Wednesday.

 The Federal Government says it will stop granting licences to gas companies with no capacity to build pipelines for gas distribution. This, the government said, became necessary to discourage the transportation of compressed natural gas through the roads.

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. The House of Representatives Committee on Petroleum Resources (Downstream and Midstream) has called on security agencies to pick up hoarders of the Premium Motor Spirit, also known as petrol. The committee also assured Nigerians of the availability of petrol in stock, stressing that the logistical challenges which made the product scarce were being addressed.

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The Federal Government has assured workers in the country that the implementation of the new national minimum wage would still take effect from May 1, 2024. Mrs Nkeiruka Onyejeocha, Minister of State for Labour and Employment, gave the assurance during the commemoration of the May Day celebration, on Wednesday in Abuja.
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 Minister of Works, David Umahi, has announced that the federal government plans to pay N2.75 billion as compensation to property owners affected by the demolition required for the construction of the Lagos-Calabar Coastal Highway today, Wednesday, May 1. Umahi said that the highway is projected to stretch from channel 0 to channel 3.
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 Africa’s richest man, Aliko Dangote, has lamented that the devaluation of naira, Nigeria’s currency, was the biggest mess for his company in 2023. Dangote, the Chairman of the Dangote Industries Limited made this statement during the annual general meeting of Dangote Sugar Refinery Plc.

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The National Secretary of the Independent Petroleum Marketers Association of Nigeria, IPMAN, James Tor, has cited the Israel-Iran crisis as a major cause of the current fuel scarcity in Nigeria. He noted that the current geopolitical tensions in the Middle East compounded existing challenges, leading to a bottleneck in the supply chain.
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. Minister of Works, Engr Dave Umahi, on Wednesday, accused the 2023 presidential candidate of Labour Party, Peter Obi, of inciting some of the people of South-East against the federal government over the Lagos-Calabar coastal highway project. He made the statement in reaction to the criticism by Obi that the project embarked on by Bola Tinubu’s administration is a job-losing one.

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Governor Dauda Lawal of Zamfara State has pledged to decisively deal with workers receiving multiple salaries in the state civil service. The governor made the disclosure on Wednesday while speaking at the 2024 Workers’ Day celebration held in Gusau.

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 Tactical team of Kwara State police command has arrested three suspected cultists over the killing of the leader of another cult group, while manhunt has been launched to arrest other fleeing suspects involved in the inter cult attacks. Spokesperson of the command, DSP Ejire Adetoun Adeyemi who disclosed this in a statement made available to journalists in Ilorin yesterday, identified the suspects in police net as Sulaiman Ismail Mamud Ibrahim and Mudashir Saheed.

from dailypost