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NLC Urges Taxation of the Rich and Subsidization of the Poor, Rejects IMF Policy

NLC Urges Taxation of the Rich and Subsidization of the Poor, Rejects IMF Policy

The Nigeria Labour Congress (NLC) in Ondo staged a street demonstration in Akure, calling on President Bola Tinubu to implement measures to alleviate historic hardship in the country. Led by NLC Chair Victor Amoko, protesters marched from the NLC secretariat to the governor's office, demanding action to address the high cost of living and inflation. Amoko emphasized the need for the government to reject IMF and World Bank policies, advocating instead for taxing the rich and subsidizing the poor. He also urged the fixing of local refineries and an end to subsidy, along with a halt to increases in school…
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Arewa Group defends Wike over FCT security.

Arewa Group defends Wike over FCT security.

The Arewa Youth Assembly, AYA, has urged politicians in the Federal Capital Territory to give FCT Minister Nyesom Wike the time he needs to accomplish his job as head of the FCT Administration. The group spoke in response to a recent statement made by Ireti Kingibe, the senator representing the Federal Capital Territory, in which he accused the former Rivers State governor of having a "I don't care attitude" towards the security of Nigeria's capital. The group stated that the current status of the nation does not require politically motivated utterances, defamation, witch-hunting, or image tarnishing, but rather all hands…
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Naira vs USD: Peter Obi criticises Tinubu govt over misguided raid on BDCs

Naira vs USD: Peter Obi criticises Tinubu govt over misguided raid on BDCs

The Labour Party's 2023 presidential candidate, Peter Obi, believes it was a bad idea for the Economic and Financial Crimes Commission (EFCC) to raid Bureau De Change operators in several major Nigerian cities. On Sunday, Obi revealed this in a statement posted on his official X account. Recall that EFCC agents raided BDC operators in the Federal Capital Territory, Lagos, Kano, and other states in an attempt to save the Naira from ongoing swings against the US currency. Peter Obi, however, responded to the news by stating that the government of President Bola Ahmed Tinubu might have made matters worse…
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Tinubu’s Administration Targets 100,000 Jobs by May 29

Tinubu’s Administration Targets 100,000 Jobs by May 29

The Federal Government, under the leadership of President Tinubu, has unveiled plans to generate over 100,000 verifiable jobs by May 29. Temitola Adekunle-Johnson, the Senior Special Assistant to the President on Micro, Small, and Medium Enterprises (MSMEs) and Job Creation, made the announcement during the inaugural Job Creation and MSME Quarterly Communications Forum in Abuja. Adekunle-Johnson highlighted the government's focus on job creation in collaboration with the Federal Ministry of Labour and Employment. He outlined a target of creating 384,000 jobs within four years, with a particular emphasis on partnerships to achieve this goal. In partnership with Access Bank, the…
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Federal Government Bans Cooking Gas Exportation to Lower Prices

Federal Government Bans Cooking Gas Exportation to Lower Prices

The Federal Government has taken decisive action to address the persistent surge in cooking gas prices by banning its exportation. Minister of State for Petroleum Resources, Ekperikpe Ekpo, announced the measure during an internal stakeholders’ workshop in Abuja, emphasizing the need to boost the availability of cooking gas in the domestic market. Ekpo stated that halting the exportation of liquefied petroleum gas (LPG) will lead to a reduction in its price within the country. By ensuring that all LPG produced domestically remains for domestic use, the government aims to increase supply, subsequently driving down prices. The minister underscored ongoing engagements…
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