Eko Hot Blog reports that the meeting between the Federal Government and organised Labour to stave off the planned strike by the Nigeria Labour Congress and Trade Union Congress deadlocked on Monday night. According to PUNCH, the Minister of State Labour and Employment, Nkeiruka Onyejeocha, who hosted the parley in Abuja, could not convince the … Read more
Eko Hot Blog reports that power distribution companies that are performing below stipulated standards in the Nigeria Electricity Supply Industry are going to lose 50 per cent of their operating expenditures, the Federal Government declared on Monday. According to PUNCH, the Federal Government made the declaration through the Nigerian Electricity Regulatory Commission at the 1st … Read more
Eko Hot Blog reports that the Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has said the financial institution would no longer fund intervention programmes. Cardoso disclosed this on Friday when he appeared before the senate committee on banking, insurance and other finance institutions, in Abuja. The apex bank chief said the apex … Read more
Eko Hot Blog reports that the Federal Government through the Bank of Industry (BOI) has announced that it will award three funding categories totalling N200 billion to assist companies and manufacturers nationwide. A statement from the development bank mentioned that the money was from the FGN MSME Intervention Fund, the FGN Manufacturing Sector Fund, and … Read more
Eko Hot Blog reports that the Federal Government through the Minister of Youth Development, Jamila Bio-Ibrahim, has stated that there is uncertainty regarding a potential increase in the monthly allowance ‘Alawee’ for serving members of the National Youth Service Corps (NYSC) by the Federal Government. In January 2020, the FG approved the payment of N33,000 … Read more
Eko Hot Blog reports that the Central Bank of Nigeria (CBN) has refuted claims of intending to convert $30 billion domiciliary deposits into naira. Reports suggested that the Federal Government and the CBN contemplated converting domiciliary accounts to naira to stabilize the naira. There were strong indications that the Federal Government was considering a policy … Read more
Eko Hot Blog reports that the Federal Government has set up a committee to address the issue of accumulated waiver request for employment of health workers in the various hospitals across the country to improve healthcare delivery. Minister of State for Health and Social Welfare, Dr. Tunji Alausa, made this known when he paid a … Read more
Eko Hot Blog reports that the Accountant General of the Federation has announced that federal workers can expect to start receiving their January salaries from Thursday evening, addressing the concerns over the recent delay in payment. The delay was attributed to a technical glitch encountered on the Government Integrated Financial Management System (GIFMIS) platform, which … Read more
A 2023 WHO report revealed that Nigeria accounted for the second-highest number of maternal and child deaths globally. Since the Tinubu administration assumed office, the health ministry has often spoken about its desire to cut the high maternal mortality rate. The ministry has now launched an initiative to address the issue. Eko Hot Blog reports … Read more
Eko Hot Blog reports the Federal Government has issued an immediate suspension of reconstruction work at the Eleme-Onne section of the East-West Road in Rivers State. EDITOR’S PICKS JUST IN: FG Gives Fresh Update On ‘Soon-To-Take-Off’ Student Loan Scheme FG: New Minimum Wage Committee To Be Inaugurated Before January End Lagos Govt Shuts Down Katangua, … Read more
Eko Hot Blog reports the Nigerian Federal Government emphasizes the need for strict regulation in the tobacco industry, aligning with the country’s legislation and global best practices. Coordinating Minister of Health and Social Welfare, Prof. Ali Pate, highlighted the economic and health costs associated with tobacco use. He noted that for every $1 gained from … Read more
Eko Hot Blog reports that Oyo State Governor, Engineer Seyi Makinde has on Wednesday canvased public’s prayers and assistance in order for the state and those impacted by the explosion that occurred in Bodija, Ibadan, on Tuesday to recover. Five persons lost their lives in the explosion, 77 others were injured to varied degrees, and … Read more
Eko Hot Blog reports that, in the nine months leading up to September 30th, 2023, the three tiers of government recorded a total income of N1.05 trillion from exchange rate gains deposited into the Federation Account. This surge was prompted by a 71% depreciation of the naira during that period.reports that, in the nine months … Read more
EKO HOT BLOG In a recent announcement by Numbeo, a renowned research firm specializing in quality-of-life data, Lagos has been ranked as the 8th city with the best healthcare system in Africa. This recognition signifies a significant milestone in the city’s healthcare landscape and reflects the dedication and collaborative efforts of various stakeholders. The comprehensive … Read more
Eko Hot Blog reports that the federal government, on Thursday, slammed amended charges against former Central Bank of Nigeria (CBN) Governor, Godwin Emefiele in the case before Justice Hamza Muazu of the Federal Capital Territory High Court in Abuja. As earlier reported by Naija News, the amended charge sheet contains a total of 20 counts … Read more
Eko Hot Blog reports that the Federal Government on Wednesday insisted that its Student Loan Scheme is still on track to commence this month. This was as it said students who apply through its soon-to-be-completed website can access the facility within 30 days. “January is a reality. Already the website is almost done. Application for … Read more
Eko Hot Blog reports that the Federal Government of Nigeria through the Ministry of Education has inaugurated a committee to scrutinize the activities of private universities established in Nigeria in the last 15 years. This announcement was made by the Minister of Education, Prof. Tahir Mamman, on Tuesday. The primary focus of this committee will … Read more
Eko Hot Blog reports that the Federal Government has reportedly initiated actions to take control of Union Bank Limited and Titan Trust Bank Limited, intending to oust their respective boards next week. This development stems from the findings of Special Investigator Jim Obazee, appointed by President Bola Tinubu in July 2023, to scrutinize the operations … Read more
Eko Hot Blog reports that the Lagos State University of Health and Medical Sciences, a brainchild of Minister of State for Health and Social Welfare, Dr. Tunji Alausa, has launched. According to a statement issued by the minister’s office on Wednesday, the launch is part of a comprehensive set of initiatives that he planned. Lagos … Read more
Eko Hot Blog reports that President Bola Tinubu‘s government has instructed all ministries, departments, and agencies fully funded by the federal government to remit 100% of their revenues into the Sub-Recurrent Account, part of the Consolidated Revenue Fund (CRF). This move is aimed at consolidating federal revenue earnings. The directives, detailed in a December 28 … Read more