Kaduna Govt Begins Payment of ₦72,000 Minimum Wage

Kaduna bombing

The Kaduna State Government has commenced the implementation of the new national minimum wage, with the lowest-paid worker receiving a gross salary of ₦72,000 in November. Malam Ibraheem Musa, Chief Press Secretary to Governor Uba Sani, confirmed this in a statement on Sunday, countering claims by the Nigerian Labour Congress (NLC) that the state had … Read more

Why Nigerians Must Pay For New National ID Card – NIMC

Why Nigerians Must Pay for New National ID Card – NIMC

The National Identity Management Commission (NIMC) has announced that Nigerians will need to pay for the new multipurpose national identity card, citing limited government revenue and the need to ensure production for only those who truly require it. EKO HOT BLOG reports that Speaking at a two-day roundtable for journalists in Lagos, Dr. Peter Iwegbu, Head … Read more

Digging For Naira: FG’s Bold Plan To Rake In More Mining Revenue

Digging For Naira: FG's Bold Plan To Rake In More

Nigerian govt plans mining license fee review Aims to raise revenue, restructure mining sector Stakeholders consulted on proposed fee increase Eko Hot Blog reports that the Nigerian government, through the Ministry of Solid Minerals Development, has unveiled plans to increase mining license fees and other charges payable by operators in the country. Editor’s Pick  Admiring … Read more

Government Revenue Trapped in Banks – RMFAC Raises Concerns

EKO HOT BLOG reportsThe Revenue Mobilisation Allocation and Fiscal Commission (RMAFC) has raised concerns about a significant amount of government revenue being stuck in commercial banks, unremitted and unaccounted for. 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 … Read more

2024 Appropriation Bill Passes Second Reading At House of Reps

2024 Appropriation Bill

EKO HOT BLOG reports that the 2024 appropriation bill has scaled second reading in the House of Representatives. This comes two days after deliberation on the bill by lawmakers. Some lawmakers were concerned about the plan of the government to generate revenue from heavy tax, fearing that it would greatly affect importers. EDITOR’S PICKS FG … Read more