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The Minister of Information and National Orientation, Mohammed Idris, has assured Nigerians that there is no reason to fear a military takeover in the country. He emphasized that Nigeria has a strong and resilient democratic system, making it difficult for senior military personnel to unseat democratically-elected leaders. This statement aims to alleviate any concerns and instill confidence in the nation's democratic institutions.
President Bola Ahmed Tinubu has recalled Nigeria's High Commissioner to the United Kingdom, Sarafa Isola, signaling the end of his tenure. Issued by the minister of foreign affairs, Yusuf Tuggar, a letter instructed Isola to wind down his affairs and return to Nigeria within 60 days. Isola, who previously served as the minister for mines and steel development, was appointed as the high commissioner in January 2021. President Tinubu thanked Isola for his service and wished him well in his future endeavors.
The Nigerian Exchange Limited (NGX) emphasizes the importance of financial literacy and awareness in reducing the growing number of unclaimed dividends in the Nigerian capital market. Despite efforts by the Securities and Exchange Commission (SEC) to tackle this issue, unclaimed dividends have continued to rise. The NGX, in collaboration with Futureview Asset Management Limited, organized a webinar to educate retail investors on how to process outstanding dividends and retrieve unclaimed dividends. The use of technology and increased access to the market for retail investors is part of the Exchange's strategy to address the problem. The SEC also remains committed to reducing unclaimed dividends in the market.
The Benue State High Court in Gboko has given its ruling on the case seeking to reinstate Iyorchia Ayu as the national chairman of the Peoples Democratic Party. The judge dismissed the case, stating it as an abuse of court process. Ayu had earlier been suspended due to the loss of his membership in the party at his ward in the Gboko local government area.
Nigerian labour unions are set to stage a warning strike next week and an indefinite action in three weeks to protest against the rising cost of living. This comes after the Nigerian government scrapped a costly petrol subsidy, which had kept petrol prices low but had cost the government billions of dollars last year. The unions are demanding relief for households and small businesses and are urging the government to address the increasing suffering and impoverishment faced by Nigerians.
A wave of military takeovers in Africa has been met with surprising support from the citizens. This article explores the frustrations behind this support and the decline in democracy on the continent. It also delves into the economic factors and external dynamics that play a role in these coups. Despite the hopes for a better future, some analysts argue that military governments may not deliver the desired benefits either.
In a recent video shared on social media, Senior Prophet Ordu Felix of the Graceland Deliverance Ministry has called on Nigerians to pray for Peter Obi, the presidential candidate of the Labour Party (LP) in the upcoming 2023 election. The prophet prophesied that the LP will face serious attack and urged his followers to pray for the opposition party and its top chieftains.
Recent events in West and Central Africa have witnessed a paradoxical response from citizens who cheer the disruption of democratic systems through coup d'etats. This article delves into the reasons behind this conflicting reaction and the implications it may have on the region's political stability.
Abuja developer Mohammed Ibrahim Kamba has expressed his intention to take legal action against the Minister of the Federal Capital Territory (FCT), Nyesom Wike, and the Director of Development Control. Kamba's multimillion-naira duplex situated on an unapproved plot of land was demolished by the FCT Administration. In response, Kamba's lawyer has threatened to sue and initiate contempt proceedings against Wike. The developer claims to have acquired the property legally.
The Nigeria Labour Congres (NLC) has declared a two-day warning strike in response to President Bola Tinubu's removal of petrol subsidy. The NLC has been vehemently against the subsidy removal and aims to prevent further hardship for the Nigerian masses. This article provides an overview of the strike and its implications for the country.
The Nigeria Labour Congress (NLC) has declared a two-day warning strike in protest against the Federal Government's failure to address the challenges caused by the removal of fuel subsidy. The NLC accuses the government of abandoning negotiations and failing to implement previous resolutions. This strike follows a series of protests by organised labour demanding a reversal of anti-poor policies and an increase in the minimum wage.
The Nigeria Labour Congress (NLC) has announced a two-day warning strike to protest the Federal Government's failure to address the challenges arising from the removal of fuel subsidy. The NLC president, Joe Ajaero, accused the government of abandoning negotiations and failing to implement previous resolutions. This strike follows a recent protest by the NLC and other unions against the government's anti-people policies. They demanded the reversal of the increase in petrol price, release of withheld salaries, and an upward review of the minimum wage.
The Nigeria Labour Congress (NLC) has announced a two-day warning strike in protest of the government's failure to address the challenges caused by the removal of fuel subsidy. Joe Ajaero, the President of NLC, made the announcement during a press conference in Abuja. The strike comes after previous protests held by the NLC and their affiliates. This article explores the reasons behind the strike and its potential impact on the country.
The Nigeria Labour Congress (NLC) strongly criticizes the government's N5 billion palliative scheme, claiming it will not reach the intended beneficiaries. NLC President, Joe Ajaero, describes the removal of fuel subsidy as a war against the poor, accusing state governors of enriching themselves at the expense of the masses. The NLC highlights the widening gap between the rich and the poor in Nigeria and the lack of a social safety net for citizens.
About 2,484 civil servants in Benue State who were recently terminated by Governor Hyacinth Alia have given him a 30-day ultimatum to reinstate them or face legal action. In a notice of demand letter, the sacked workers argue that their employment was lawfully approved and authorized by the highest decision-making body of the Benue State government. They also claim to be owed salaries and allowances. In a related development, a social media activist has filed a N200 million fundamental rights suit against the governor and the state government, seeking compensation and an apology for his arrest and detention.
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