Labour Unions Slam N48,000 Minimum Wage Offer, Demand N615,000

Labour Unions Slam N48,000 Minimum Wage Offer, Demand N615,000

NLC, TUC Reject Federal Government’s Proposed N48,000 as Insult Organised Private Sector’s N54,000 Offer Also Deemed Inadequate Unions Walk Out of Negotiations, Demand Living Wage of N615,000 Eko Hot Blog reports that in a scathing response to the federal government’s proposed N48,000 new minimum wage, the Nigeria Labour Congress (NLC) and the Trade Union Congress … Read more

Urgent Call To Action: Nigeria And UN Rally Support For Hunger Crisis

Urgent Call To Action: Nigeria And UN Rally Support For Hunger Crisis

Alarming food insecurity in Borno, Adamawa, and Yobe states $306 million appeal launched for emergency aid Collaborative effort to address malnutrition and save lives Eko Hot Blog reports that in a concerted effort, the Nigerian government and global partners have unveiled a $306 million appeal to combat the worsening food and nutrition crisis plaguing the … Read more

FG Rolls Out 48-Hour Visa Approval To Woo Investors, Tourists

Eko Hot Blog reports that the Federal Government has given the green light for the creation of a tripartite committee aimed at streamlining visa procedures and acquisition for investors looking to invest in Nigeria. This development was disclosed by the Minister of Information and National Orientation, Mohammed Idris, after the Federal Executive Council (FEC) on … Read more

Productivity-Based Pay On The Horizon For Nigerian Civil Servants

Naira Stability in Question

Federal government mulls productivity-linked wage system Workers on same grade level could earn different salaries Move aims to reward productive employees, says NPC DG Eko Hot Blog reports that, in a potential game-changer for Nigeria’s civil service, the federal government is considering implementing a productivity-based wage system. This revelation comes from Dr. Nasir Raji-Mustapha, the … Read more

‘Gbajue On Steroids’ — Reno Omokri Calls Out Landmark On Lagos-Calabar Coastal Highway Project

Scene of the demolition exercise at Landmark Beach Resort, Lagos, for the construction of the 700km Lagos-Calabar Highway

A part of the Landmark Africa Beach Resort was recently demolished by the Federal Government. The resort was demolished to clear the way for the Lagos-Calabar Coastal Highway project. However, Landmark Africa remains in business, raising eyebrows from critics. Eko Hot Blog reports that that Reno Omokri, a former presidential spokesperson, has criticised Landmark Africa … Read more

FG Seeks World Bank Loan Approval For $2.25bn Funding – Details

Forex Auctions World Bank CBN

Federal Government seeks World Bank loan approval for $2.25bn Funding Funds earmarked for two major development projects. Loans aimed at enhancing economic stability, resource mobilization, and fiscal reforms in Nigeria.   EKO HOT BLOG reports that the Federal Government is gearing up to secure new loan funding from the World Bank, with approval anticipated for loans … Read more

Oniladaba Of Ladaba Backs Epe Monarchs’ Plea for Basic Amenities From FG

Oniladaba Of Ladaba Oba Sikiru Nereni Backs Epe Monarchs' Plea for Basic Amenities From FG

Eko Hot Blog reports that monarchs in Epe Division of Lagos State, including the Oniladaba of Ladaba, Oba Sikiru Nereni, have presented a united front in their plea to the federal government for essential infrastructure, including improved roads and electricity, in their communities. EDITOR’S PICKS Abduction Of Harmless Journalists: A Tragic Return To Military Rule … Read more

VAT Reforms: FG Clarifies Stance, Proposes Business-Friendly Measures

VAT Reforms: FG Clarifies Stance, Proposes Business-Friendly Measures

No Proposed Increase in VAT Rate Input VAT Credit for Businesses Suggested Basic Goods and Services to be VAT-Exempt Eko Hot Blog reports that, addressing concerns raised by media reports, the Federal Government has clarified its position on Value Added Tax (VAT) reforms. Taiwo Oyedele, Chairman of the Presidential Committee on Fiscal Policy and Tax … Read more

FG Denies VAT Rate Increase Proposal Amid Tax Reform Discussions

VAT Rate IncreaseVAT Rate Increase

Federal Government denies proposing VAT rate increase Chairman of Presidential Committee, refutes earlier media reports, stating proposals were misrepresented. Committee proposes a VAT credit for businesses, removal of VAT on essential items. EKO HOT BLOG reports that the Federal Government has denied media reports that it is proposing an increase in the Value Added Tax (VAT) … Read more

Nigeria Slams Binance’s “$150M Bribe Claim” As Blackmail Tactic

FG Dispels Fears, Vows To Protect Workers' Pension Funds

FG Denies Binance’s Bribery Allegation Accuses Crypto Firm of Attempting Blackmail Charges Binance with Money Laundering, Terrorism Financing Eko Hot Blog reports that in a fierce rebuttal, the President Bola Tinubu-led federal government has accused cryptocurrency trading platform Binance of attempting to blackmail Nigeria. This accusation comes in the wake of Binance’s allegation that top … Read more

No Ongoing Discussion – France Speaks On Plan To Set Up Military Bases In Nigeria

Military Bases In Nigeria

France Speaks On Plan To Set Up Military Bases In Nigeria. Concerns raised over potential relocation of US and French bases to Nigeria. Federal Government clarifies no talks with foreign countries on military bases. EKO HOT BLOG reports that the French Government has clarified that there are no ongoing discussions with Nigeria regarding the establishment of … Read more

Igbo Leader’s Clarion Call: “Support Tinubu Or Face Greater Peril”

Igbo Leader's Clarion Call: "Support Tinubu Rr Face Greater Peril"

Iwuanyanwu Urges Igbo Community to Back Tinubu’s Presidency Warns of Severe Consequences if Nigeria Fails Calls for Reciprocal Fair Treatment from Federal Government Eko Hot Blog reports that High Chief Emmanuel Iwuanyanwu, the President General of Ohaneze Ndigbo Worldwide, has issued a stern warning to the Igbo community. In a crucial meeting with the Igbo … Read more

BREAKING: FG Reveals Stance On Foreign Military Installation

Eko Hot Blog reports that the Federal Government has said it is not considering housing any military base in the country. The Minister of Information and National Orientation, Mohammed Idris, made this known in a statement on Monday in Abuja. Editor’s Picks  BREAKING: Ikeja Electric Slashes Tariff For Customers BREAKING: Edo Assembly Speaker Suspends Three … Read more

Helicopter Operators To Suspend Operations Over Landing Fees

Helicopter operators

Helicopter operators threaten to cease operations due to increased landing fees FG grants exclusive right to NAEBI Dynamic Concepts Limited for collecting Helicopter Landing Levies nationwide Aero Contractors’ CEO warns of potential shutdowns or legal actions, citing lack of justification for the fee hike.   EKO HOT BLOG reports that follow the Federal Government’s decision to … Read more

Katsina Gov Radda: Minimum Wage Should Reflect States’ Economic Realities

Katsina Gov Radda: Minimum Wage Should Reflect States' Economic Realities

Governor Radda advocates for states to determine minimum wage based on revenue He argues federal government should set a minimum standard, not a fixed amount Radda highlights disparities in states’ financial capacities and workforce sizes Eko Hot Blog reports that amidst the ongoing debate over the proposed minimum wage increment, Governor Dikko Radda of Katsina … Read more

Tunji Alausa Drives Nigeria’s Push For Local Syringe Production

'All Needles Point Inward' As Minister Tunji Alausa Drives Nigeria's Push For Local Syringe Production

Federal government bans use of foreign syringes and needles in hospitals NAFDAC to stop issuing import licenses for these medical supplies Directive aims to support local manufacturing and protect domestic industry Eko Hot Blog reports that spearheading a push to bolster Nigeria’s domestic manufacturing capabilities, the Minister of State for Health, Dr. Tunji Alausa, has … Read more

Minimum Wage Hike: A Consensus On The Horizon — Oshiomhole

Minimum Wage Hike: A Consensus On The Horizon — Oshiomhole

Nigeria braces for a minimum wage increase Government, private sector in agreement on the necessity Workers’ demands for better wages heard loud and clear Eko Hot Blog reports that Senator Adams Oshiomhole has shed light on a prevailing consensus among stakeholders regarding the urgency of raising the national minimum wage. Speaking on Channels Television’s “Politics … Read more

At May Day Event, Sanwo-Olu Vows Minimum Wage Implementation For Lagos Workers

At May Day Event, Sanwo-Olu Vows Minimum Wage Implementation For Lagos Workers

Governor Sanwo-Olu assures workers of new minimum wage implementation Commends workforce’s dedication, pledges continued welfare initiatives Focus on education, training to equip workers for success Eko Hot Blog reports that during the Workers’ Day celebration, Governor Babajide Sanwo-Olu assured workers in Lagos State that his administration will implement the new minimum wage approved by the … Read more

Lagos-Calabar Coastal Highway: FG Announces Compensation For Affected Property Owners

Scene of the demolition exercise at Landmark Beach Resort, Lagos, for the construction of the 700km Lagos-Calabar Highway

The Federal Government has started demolishing properties along the route of the Lagos-Calabar highway. The government had promised to compensate property owners affected by the demolition. It said it has started fulfilling its promise to the property owners. Eko Hot Blog reports that the Federal Government says it will start paying N2.75 billion compensation to … Read more

Umahi Slams Peter Obi For ‘Inciting’ Igbos Over Coastal Highway Project

Umahi Slams Peter Obi For 'Inciting' Igbos Over Coastal Highway Project

Umahi Accuses Peter Obi of Inciting Igbos Against Tinubu Govt Alleges Obi Misleading Southeast Over Lagos-Calabar Highway Project Claims Obi Won’t Fight for Those He Misguides Eko Hot Blog reports that the Minister of Works, Dave Umahi, has leveled accusations against the 2023 presidential candidate of the Labour Party (LP), Peter Obi, alleging that he … Read more