Author: Fridayposts

Edo State Governor, Adams Oshiomhole on Sunday announced the increment of the National Minimum Wage from N18,000 to N25, 000 with immediate effect, for employees in the State Public Service. He also promised prompt payment of outstanding arrears of salary to the staff of Local Government Councils in the state. Oshiomhole who made the announcement […] Edo government increases workers’ minimum wage Source: Business

As the scarcity of dollars continues to affect operations in the Nigerian aviation industry, travel agencies are devising creative ways of remaining in business. Specifically, Nigerian travel agencies are now collaborating with their counterparts in China, United States of America and Europe to buy flight tickets for intending international travellers from the country, investigation by […] Dollar scarcity: Nigerian travellers buy tickets from abroad Source: Business

Following the rise in the Consumer Price Index (CPI), which measures inflation for three consecutive months to 12.8 percent in March, experts have cautioned that the index is likely to maintain its upward trend in April. The headline index had increased to 11.4 per cent in February from 9.6 percent in January, according to the […] Further rise in inflation imminent as economy hurts Source: Business

{$inline_image} By our correspondents The Federal Government on Sunday kept mum over the recent demand by the organised labour for a new minimum wage of N56,000. The issue of the minimum wage was not mentioned by the Minister of Labour and Employment, Dr. Chris Ngige, who represented President Muhammadu Buhari, at the May Day rally in Abuja. Officials of the Nigeria Labour Congress expressed disappointment at the failure of the President to personally attend the annual event which would have given him the opportunity to address some of the issues raised by the workers. For instance, the National President of…

Eniola Akinkuotu A former Minister for National Planning, Rasheed Gbadamosi, bought two luxury penthouses worth $2.6m in Panama in 2008 while serving as the Chairman of the Petroleum Products Pricing Regulatory Agency, according to leaked data from Panamanian law firm, Mossack Fonseca. According to a documents sighted by Nigerian online newspaper, Premium Times, Gbadamosi who was recently appointed co-chairman of the Lagos at 50 planning committee, bought the two houses in the most opulent areas of Panama. Under Nigerian law, acquiring assets abroad is not illegal, but according to the Fifth Schedule of the constitution, chairmen and members of…

John Ameh, Abuja Two months after the killings in Agatu Local Government Area of Benue State by suspected Fulani herdsmen, over 7,000 displaced inhabitants have yet to return to the sacked communities. The Deputy Chairman, House of Representative Committee on Solid Minerals, Mr. Adamu Entonu, said this on Sunday. About 500 people were reportedly hacked to death in March when the attackers overran villages in Agatu, burnt houses and left many others injured. Many local people fled their homes to escape further attacks. Entonu, who represents Apa/Agatu Federal Constituency in the House, told The PUNCH that the displaced persons…

Olusola Fabiyi, Abuja                        The Peoples Democratic Party is set to stop its governors and other political office holders from appointing non-members of the party into political positions. Indications to this are contained in the proposed amendment to the party’s constitution scheduled for debate on May 11. The PDP National Executive Committee would meet on the said date to ratify the numerous amendments made to the party’s constitution. The party’s National Legal Adviser, Mr. Victor Kwom, had earlier headed a committee that examined the issues. Some NEC members, who attended last Thursday’s meeting where the party took a decision…

Ade Adesomoju, Abuja The Kogi State Government has sued the National Assembly and the Attorney General of the Federation at the Supreme Court, asking for an order nullifying the House of Representatives resolution to take over the legislative functions of the state’s House of Assembly. The House of Representatives had, on March 9, 2016, passed a resolution to take over the legislative functions of the Kogi State House of Assembly. The House passed the resolution following the crisis that broke out as a result of the tussle for the speakership of the House between two factions of the Assembly.…

Fidelis Soriwei, Abuja The troops of the Nigerian Army have killed nine members of the Boko Haram insurgents in a surprise attack at Tatakura, Wubi, in Borno State. The Acting Director, Army Public Relations, Col. Sani Usman, said in a statement on Sunday that the insurgents were planning to carry out attacks at Wubi in the Kala Balge Local Government Area of the state when the troops staged the preventive action. He said the troops of the 3 Battalion, 22 Brigade, had an encounter with the insurgents while they were on patrol to foil the planned attack after receiving…

Eniola Akinkuotu, Abuja A former Special Adviser on Political Matters to ex-President Goodluck Jonathan, Prof. Rufai Alkali, who is currently under probe by the Economic and Financial Crimes Commission, says he has confidence in the EFCC to unearth the truth. Alkali said this in a statement on Sunday while reacting to reports that a group he headed, Goodluck Support Group, received N320m, which emanated from the account of the Central Bank of Nigeria during the build-up to the 2015 presidential election. He said, “The issues under investigation are within the powers of the relevant agencies charged with the constitutional…