Eko Hot Blog reports that The Nigeria Employers’ Consultative Association has cautioned that the expatriate employment levy imposed by the Ministry of Interior could discourage investments in the country. The association criticized the tax, highlighting the necessity for specific regulations to precede the implementation of such levies. Editor’s Pick Only Implementation Of Agreement’ll Stop Nationwide … Read more
Eko Hot Blog reports that Dr. Tunji Alausa, the Minister of State for Health and Social Welfare, has announced that the Federal Government intends to send medical personnel abroad for specialized training. This initiative aims to curb medical tourism and promote research in the field. Editor’s Pick Military Welcomes Sunday Igboho’s Offer To Combat Insecurity … Read more
Eko Hot Blog reports that the Socio-Economic Rights and Accountability Project (SERAP) has filed a lawsuit against President Bola Ahmed Tinubu over his failure to probe the grim allegations that $3.4 billion loan obtained by Nigeria from the International Monetary Fund (IMF) to finance the budget and respond to COVID-19 is “missing, diverted or unaccounted … Read more
Eko Hot Blog reports that The Nigerian Government has announced that it has settled $120 million out of the $1.3 billion gas debt. The gas debt has being a major determinant in the unresolved electricity supply challenge plaguing the nation. Recall that the electricity consumers in Nigeria have continued to suffer electricity outages since January … Read more
Eko Hot Blog reports that the Federal Government has slammed a $10 billion fine on the cryptocurrency trading platform Binance over its role in the free fall of the naira. This was made known by the Special Adviser to the President On Information and Strategy, Bayo Onanuga, in an interview with the BBC on Friday … Read more
Minister assures hardships will end within a year Cites efforts like removal of fuel subsidy and FX reforms Notes improvement in capital inflows and security situation Eko Hot Blog report that the Minister of Information and National Orientation, Mohammed Idris, on Thursday assured Nigerians that the narrative on current hardships would be different within the … Read more
Eko Hot Blog reports that President Bola Ahmed Tinubu has issued a directive to cement manufacturers to revert to previous pricing of the commodity. This announcement was made by the Minister of Works, Senator David Umahi, following his inspection of the BUA cement factory in Sokoto on Thursday. During a recent meeting with the manufacturers, … Read more
Eko Hot Blog reports that the Nigeria Labour Congress (NLC) has declared that it would no longer attend meetings with the federal government on the eve of any planned action. This was made known on Wednesday by the NLC president, Joe Ajaero, during a press conference in Abuja. According to him, the government only uses … Read more
Eko Hot Blog reports that the Office of the National Security Adviser (NSA), Nuhu Ribadu, has reportedly detained two senior executives, an American and a British Pakistani, at Binance. The detention comes amid the Nigerian government’s efforts to rein in speculation on the naira by cracking down on cryptocurrency exchanges. Recall that last week, the … Read more
Eko Hot Blog reports that the Minister of Information and National Orientation, Mohammed Idris has on Wednesday, eased fear of job losses after the implementation of the Oronsaye Report. Idris disclosed this in a statement signed by his media aide, Rabiu Ibrahim on Wednesday. Twelve years after it received the Stephen Oronsaye Report, the Federal … Read more
Eko Hot Blog reports that the Federal Government has rescheduled the commencement of the student loan program to March 1, 2024, after failing to meet the February 26, 2024, kick-off date it initially fixed. According to BusinessDay,sources in the presidency disclosed that the shift in the kick-off date for the scheme was because of the … Read more
Eko Hot Blog reports that the Academic Staff Union of Universities (ASUU) Akure Zone has blamed poor funding of education for contributing to the rising wave of violent crimes, especially kidnapping, in the country. EDITOR’S PICKS Full List Of AFCON Awards As Ekong Wins Player Of The Tournament REVEALED! How Model Of Aircraft Carrying Wigwe, … Read more
Eko Hot Blog reports that the Federal Mortgage Bank of Nigeria has initiated a rehabilitation process to revive about 46 abandoned housing projects nationwide. The bank said this would be achieved through a partnership with Shelter Afrique Development Bank, a pan-African finance institution that exclusively supports the development of the housing and real estate sector … Read more
Eko Hot Blog reports that a media entrepreneur, Comfort Obi, has narrated how the lack of necessary equipment at Lagos University Teaching Hospital (LUTH), Idi-Araba, Lagos, led to the death of a United States-based Nigerian, Mr Olaleye Adenibuyan. In an article published on Punch on Monday morning, Obi said Adenibuyan died on January 24, 2024. … Read more
Eko Hot Blog reports that not less than 65 Civil Society Organisations (CSOs) under the aegis of the Coalition of Civil Society Organisations Forum have pulled out of the planned nationwide protest by the Nigeria Labour Congress (NLC). The CSOs argued that the protest, scheduled for February 27 and 28, may be hijacked by hoodlums … Read more
Eko Hot Blog reports that the Federal Government has warned Ministries, Departments and Agencies (MDA) against the leakage of sensitive official information and documents. The Head of the Civil Service of the Federation, Dr. Folasade Yemi-Esan, made the warning in a circular signed on Monday, February 19, 2024. The circular was sent to MDAs about … Read more
EKO HOT BLOG reports that the Federal Government and cement manufacturers have reached an agreement to reduce the current market price of the commodity. Earlier repots from this online media platform indicated that manufacturers have consented to sell a 50kg bag of cement at a retail price ranging between N7,000 and N8,000, contingent on location nationwide. … Read more
Eko Hot Blog reports that Nigerians in Ibadan, the capital of Oyo State, on Monday, trooped out in their numbers to protest the high cost of living and called on President Bola Tinubu to immediately arrest the situation. The protesters, who blocked vehicular movement, lamented that they could no longer afford essentials. They carried placards … Read more
Eko Hot Blog reports that the Minister of the Federal Ministry of Industry, Trade and Investment, Doris Uzoka-Anite, has announced the Federal Government’s plan to establish national job centres aimed at aligning available vacancies in industries and businesses with the talent pool across the country. EDITOR’S PICKS Full List Of AFCON Awards As Ekong Wins … Read more
Eko Hot Blog reports that the National Association of Nigerian Students (NANS) have disagreed with the assertion by the Academic Staff Union of Universities (ASUU) that Federal Government’s student loan scheme would keep the beneficiaries perpetually indebted. ASUU had also argued after its National Executive Council (NEC) meeting in Yenagoa, Bayelsa that the initiative would … Read more