Author: Festus Adeloye

President Bola Tinubu has reassured Organised Labour that an executive bill on the new national minimum wage for workers will soon be submitted to the National Assembly for consideration and passage. Tinubu made this known on Wednesday, June 12, 2024, in his Democracy Day speech. “In this spirit, we have negotiated in good faith and with open arms with Organised Labour on a new national minimum wage. We shall soon send an executive bill to the National Assembly to enshrine what has been agreed upon as part of our law for the next five years or less,” the President said.…

President Bola Tinubu, on Tuesday, extended his condolences to Malawian President, Lazarus Chakwera, and the people of Malawi over the tragic loss of Vice President Saulos Chilima and other officials in a plane crash on Monday. On Tuesday, President Chakwera announced that the wreckage of a plane carrying Malawi’s Vice President was found with no survivors. Chilima and nine others were travelling within the country on Monday morning when their aircraft vanished from airport radars. According to aviation authorities, the military aircraft was flying in bad weather. Reacting, President Tinubu, through a statement by his Special Adviser on Media and…

Teesside University in the United Kingdom has announced a new initiative to support Nigerian students facing severe financial difficulties by funding their flights home, by BBC on Tuesday. This move came after several students were removed from their courses and ordered to leave the UK due to their inability to pay tuition fees. The financial crisis in Nigeria, exacerbated by a shift from a seven-installment to a three-installment payment plan by the university, left many students struggling to cover their expenses. A local food charity reported that 75 per cent of its clients are now Nigerian students, highlighting the extent…

A former Director of Currency Operations of the Central Bank of Nigeria (CJN) Ahmed Bello Umar told a High Court of the Federal Capital Territory FCT in Maitama on Tuesday that the redesigned naira notes produced under ex-Governor Godwin Emefiele was different from the specification approved by former President Muhammadu Buhari. Umar, who said he was in office during the naira redesign exercise, said although President Buhari gave approval on October 13, 2022 for a specific design of the N1000, N500 and N200 notes but that the specification approved by the ten President was allegedly altered. He spoke while testifying…

President Bola Tinubu has commended the Indonesian business conglomerate, the Tolaram Group, for believing in Nigeria and having absolute faith in its economy. Tolaram, which partnered Nigeria to build the Lekki Free Trade Zone and the country’s first deep sea port, has acquired Diageo’s 58.02 per cent shareholding in Guinness Nigeria Plc. According to an announcement at the Nigerian Exchange on Tuesday, Tolaram will also enter into long-term license and royalty agreements for the continued production of the Guinness products and its locally manufactured Diageo ready-to-drink and mainstream brands. Tinubu said Tolaram, by acquiring Diageo’s shares in Guinness, had shown…

The Department of State Services (DSS) has warned individuals and groups planning to stage protests on June 12, Democracy Day, to desist from any violent or disruptive actions. In a statement released on Tuesday night and signed by Dr Peter Afunanya, Director of Public Relations and Strategic Communications, the DSS said it has received intelligence on plans to incite violence and disrupt public order during the protests. The security agency vowed to maintain public safety and national security and urged citizens to resist any persuasions to engage in lawless acts. The DSS also encouraged disgruntled persons to channel their grievances…

The chairman, Academic Staff Union of Universities (ASUU) University of Ibadan chapter, Professor Ayo Akinwole, on Tuesday, June 11, challenged the federal government to promote democratic culture and activities that will boost the Nigerian economy. Professor Akinwole in a release to mark the June 12 Democracy day celebration entitled: “Twenty Five Years of Democratic Era in Nigeria’s Fourth Republic: The Experience of the University System”, noted: “disappointingly and unfortunately, twenty-five years after the return of democracy to Nigeria, the Nigerian citizenry are yet to enjoy the benefits and dividends of democracy, as some or most of the malaise and challenges…

President Bola Tinubu will address the nation in a broadcast at 7:00am on Wednesday, June 12, to commemorate the nation’s 25th Democracy Day anniversary. A statement issued on Tuesday, June 11, by Special Adviser to the President on Media and Publicity, Ajuri Ngelale, advised television, radio, and other electronic media outlets to connect to the network services of the Nigerian Television Authority (NTA) and the Federal Radio Corporation of Nigeria (FRCN) to broadcast the President’s address. “President Bola Tinubu will address the nation in a broadcast on the occasion of Democracy Day at 7am on Wednesday, June 12, 2024. “Television,…

The presidential candidate of the Peoples Democratic Party in 2023, Atiku Abubakar said acts of banditry and terrorism have become routine in the country. Atiku stated this in a post via his X handle on Tuesday while reacting to a report of a Sunday attack by bandits on Yargoje village in Kankara Local Government Area of Katsina State, which claimed the lives of 20 people. In a statement on Monday by its spokesman, ASP Abubakar Sadiq-Aliyu, the Katsina Police Command confirmed the killing of about 20 people, four police officers and two operatives of the state-owned Community Watch Corps. The…

Operatives of the Rapid Response Squad (RRS) of the Police Command in Lagos State have rescued an American citizen from committing suicide on the Third Mainland Bridge. Disclosing this in a post on its official X handle, @rrsLagos767, on Monday, RRS said that the American was brought to the bridge by his yet-to-be-identified baby mama. It stated that the American citizen, name withheld was at 1.23 p.m. on Monday, restrained from committing suicide on the bridge. The post reads: “The American, who is in his early 30s was driven to the Third Mainland Bridge by his Baby Mama in company…