No fewer than 10 federal ministries and agencies have been allocated over ₦1 trillion each in the 2025 budget. EKO HOT BLOG reports that the allocations are detailed in the 2025 Appropriation Bill presented to the National Assembly. The ministries receiving significant funding include Police Affairs, Interior, Defence, Finance, Power, Works, Budget and Economic Planning, … Read more
The Joint Action Committee (JAC) of the Non-Academic Staff Union of Educational and Associated Institutions (NASU) and the Senior Staff Association of Nigerian Universities (SSANU) has announced the suspension of their ongoing nationwide indefinite strike over four months of withheld salaries. This suspension will take effect on November 5, 2024, as detailed in a circular … Read more
Nigerian bank customers will start paying more for their electronic transfers. This comes after the CBN directed banks to charge a “cybersecurity levy”. The levy takes effect in two weeks. Eko Hot Blog reports that the Central Bank of Nigeria (CBN) has directed all financial institutions to implement a 0.5 percent cybersecurity levy on electronic … Read more
Ekp Hot Blog reports that the Minister of Humanitarian Affairs and Poverty Alleviation, Betta Edu, has revealed that the President Bola Tinubu-led government has resumed the payment of salary arrears owed to N-Power beneficiaries. The President Tinubu-led government, on assumption of office, suspended the N-Power initiative over alleged irregularities and corruption. The government also suspended … Read more
The Abia State chapter of the NLC will end its two-week industrial action This is coming after meeting with the incoming governor, Alex Otti. Otti has reassured the union that he will prioritise salary payments and clear arrears as soon as possible. EKO HOT BLOG reports that the two-week old industrial action embarked upon by … Read more