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Workers from all sectors in Nigeria went on a two-day warning strike to protest against the government's removal of gas subsidies. The strike, organized by the Nigeria Labor Congress, aims to press for improved welfare and an increase in wages. President Bola Tinubu's decision to end gas subsidies has resulted in a surge in the cost of living, causing widespread suffering among Nigerian workers and the general population.
Workers in Ondo State partially observed the two-day warning strike declared by the Nigeria Labour Congress. Some workers reported to their duty posts following the directive of the state head of service. This forced the leadership of the NLC to enforce the strike as they stormed some offices. Ondo state chairman of NLC, Victor Amoko, said some workers were directed to go to work by the state head of Service. He said workers in the state complied with the strike and urged the state workforce to cooperate with the union leaders.
Former Nigerian Ambassador to Indonesia, Mr. Ibrahim Baba Mai-Sule, advises President Bola Tinubu to consider the structure of ambassador appointments and suggests the need to assess the quality, background, funding, and contribution of ambassadors. He also emphasizes the importance of resolving litigations promptly and proposes the establishment of a constitutional court for faster adjudication.
Minister of the Federal Capital Territory (FCT), Nyesom Wike, expresses disappointment and raises concerns over the agreement for an N85 billion affordable housing project in Abuja. He questions the lack of government benefit in the deal, where the private developers are set to make significant profits without the government receiving any proceeds. Wike suggests that the government should receive a 10 percent share, while the developers take 90 percent instead.
Nigeria's aggregate Company Income Tax (CIT) has more than doubled in the second quarter of 2023 as reported by the Nigerian Bureau of Statistics. The CIT collections for Q2 2023 reached N1.53 trillion, representing a growth rate of 226.40 percent compared to the previous quarter. This significant increase in tax revenue reflects the positive momentum in Nigeria's economy and highlights the contributions of various sectors to the overall tax collection.
The expulsion of Senator Rabiu Kwankwaso, the New Nigeria Peoples Party's presidential candidate for the 2023 general elections, has raised concerns about the party's future. The allegations of anti-party activities and financial impropriety, if proven true, could severely tarnish the party's reputation and electoral prospects. The NNPP must act swiftly to stabilize its internal structures and rebuild public trust to remain a viable political force.
A coalition of civil society organisations (CSOs) known as the United Action Front of Civil Society has expressed its support for the two-day warning strike declared by the Nigeria Labour Congress (NLC) against the removal of fuel subsidy and the subsequent increase in fuel prices. These CSOs argue that the Bola Ahmed Tinubu administration is responsible for the hardships faced by Nigerians due to these policies. The strike is seen as a critical response to a government they believe is being dishonest and erratic in its approach to fuel subsidy removal.
Aradel Holdings Plc, a leading indigenous energy company in Nigeria, has announced its strong financial performance for the year, showcasing growth in key metrics and a resilient business model. The company's rebranding journey and strategic objectives to explore renewable energy opportunities have positioned it as a key player in sustainable energy solutions for economic growth.
The Women in Energy Oil and Gas (WEOG), Lagos Chapter, has launched an exclusive business directory to address the challenges faced by women entrepreneurs in Nigeria's male-dominated energy sector. The directory aims to provide tailored solutions, resources, and networking opportunities for women-owned businesses, empowering them to thrive in a volatile economy.
Workers from all sectors in Nigeria are demanding improved welfare and protesting the government's removal of gas subsidies. The Nigeria Labor Congress initiated a two-day "warning strike" in response to the rising cost of living and the suffering inflicted on the workers and masses. If their demands, including increased wages, are not met, they threaten to shut down Africa's largest economy. President Bola Tinubu's efforts to revamp the economy have faced criticism for causing hardships without providing sufficient relief. The strike is expected to disrupt activities in many sectors, further impacting the already struggling economy.
The Minister of the Federal Capital Territory (FCT), Nyesom Wike, has voiced his disappointment with the N85 billion contract for infrastructure provision in the Wasa Affordable Housing project. Wike believes that the government should not spend such a substantial amount without benefiting from it. He emphasized the need for the government to participate and determine affordable housing prices for the masses. The ongoing road construction and the demolition of shanties were also addressed during the minister's visit.
President Bola Ahmed Tinubu held a crucial meeting with the nation's service chiefs at the State House in Abuja. The meeting focused on the ongoing operations and the general security situation in the country ahead of Tinubu's trip to the G-20 summit in India. The service chiefs were tasked with compiling and submitting war requirements to the Chief of Defense Staff.
Aviation workers in Nigeria have joined the Nigeria Labour Congress (NLC) in a nationwide two-day warning strike to protest against the removal of subsidies and the resultant hardships faced by workers and the general public. The strike, which is in solidarity with the NLC, was announced by the National Union of Air Transport Employees (NUATE), Association of Nigeria Aviation Professionals, and the National Association of Aircraft Pilots & Engineers. This article explores the impact of the strike on the aviation industry and the issues at the heart of the workers' protest.
Nigeria's Minister of Works, David Umahi, has unveiled plans for the Lagos 4th Mainland Bridge Supersonic Highway, which aims to connect Lagos and Abuja in just four hours. This ambitious project has the potential to revolutionize Nigeria's transportation infrastructure and stimulate economic growth. While questions regarding feasibility and environmental concerns linger, Nigerians remain hopeful for a brighter future.
Nigeria's President Bola Tinubu is traveling to India for the annual G20 summit, as Nigeria considers whether to join the group of the world's strongest economies. Indian Prime Minister Narendra Modi extended a special invitation to Tinubu, who has drawn popular criticism for his recent reforms and their impact on the naira, Nigeria's currency. This article explores the implications of Nigeria's potential membership in the G20 and the challenges it faces.
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