New minimum wage covered in additional N6.2trn budget funding — Minister

New minimum wage covered in additional N6.2trn budget funding — Minister

The Minister of Budget and National Planning, Atiku Bagudu, says the N3 trillion recurrent component of the additional funding in the 2024 budget is to cater for the new minimum wage. Mr Bagudu stated this on Monday while appearing before the House of Representatives Committee on Appropriations to defend the N6.2 trillion proposed additional funding … Read more

Nigerian govt, NASS leadership in emergency meeting with NLC, TUC

Nigerian govt, NASS leadership in emergency meeting with NLC, TUC

  Representatives of the federal government and the leadership of the National Assembly are currently in a meeting with the leadership of the Nigeria Labour Congress( NLC) and the Trade Union Congress (TUC) in Abuja. PREMIUM TIMES gathered that the meeting, which began at about 5.30 p.m. at the National Assembly complex, was at the … Read more

“Critics don’t understand arithmetic of budget” — Tinubu

“Critics don’t understand arithmetic of budget” — Tinubu

President Bola Tinubu says the alleged padding of the 2024 budget by the National Assembly is nothing but a lack of misunderstanding of the arithmetic of the budget by critics. Mr Tinubu stated this on Thursday while hosting senators to Iftar at the State House. PREMIUM TIMES reported the massive smuggling of projects into the … Read more

Non-Aligned Movement: Tinubu seeks financing mechanism, equitable capital market access for developing countries

Non-Aligned Movement: Tinubu seeks financing mechanism, equitable capital market access for developing countries

President Bola Tinubu has called for an equitable access to capital for developing countries, saying such will provide the much-needed resources for development, thus solving some of the most pressing challenges in the world today. Speaking at the 19th Summit of Heads of State and Government of the Non-Aligned Movement (NAM) at the weekend in … Read more