The Nigerian naira has experienced a significant depreciation of 38.9% against the US dollar at the official Investors and Exporters (I&E) window of the Central Bank of Nigeria (CBN) over the past three months, as reported by The PUNCH. Data from the FMDQ Securities Exchange indicates that the naira fell from N745.19/$ on October 3, … Read more
As far as the former director general of the Progressive Governors Forum (PGF), Dr Salihu Lukman is concerned, Nigeria cannot muster the resources required to meet the demands by the Nigeria Labour Congress (NLC). THE GUARDIAN reports. Lukman in a piece titled “Opening Door to Renew the Hope of Workers” argued that if revenue indices … Read more
President Bola Tinubu has been scheduled to announce his administration’s palliative for organised labour, who have announced that it would commence an indefinite strike on Tuesday, October 3. LEGIT NEWS reports.informationguidenigeria The two leading unions, the Nigerian Labour Congress (APC) and the Trade Union Congress (TUC) have accused the Tinubu-led federal government of its failure … Read more
Gov. Babagana Zulum of Borno has announced the approval of N2 billion for workers’ loan and 30 buses to ease their transportation and prevailing economic difficulties. THE GUARDIAN reports.NYSC Portal He spoke during a meeting with officials of the state chapter of the Nigeria Labour Congress (NLC) in Maiduguri on Tuesday. “Borno Government has approved … Read more
Workers’ welfare crisis and maladministration allegations levelled against the management of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) may threaten the daily crude oil production of Nigeria. THE GUARDIAN reports.InformationGuideNigeria The workers, who protested alleged withheld salaries in Abuja, yesterday, said the Commission, supervised by Gbenga Komolafe, faces an industrial crisis if urgent measures are … Read more
The senate president, Godswill Akpabio, has said the salaries of workers will be reviewed to cushion the effects of the removal of subsidy on petrol.Information Guide Nigeria Speaking when he hosted the Ekiti state, governor, Abiodun Oyebanji at his office in Abuja on Tuesday, Akpabio said Nigeria would not have survived the next few years … Read more
Workers at a restaurant in Louisiana, US, have discovered the body of a fellow female staff inside a freezer. DAILY POST reports.Information Guide Nigeria According to the Police, the horrified workers discovered the body at around 6 pm on Thursday. Officials said they are now waiting for a coroner’s autopsy to identify the victim and … Read more
An unspecified number of workers were, yesterday, trapped in a seven-storey building, which collapsed in Banana Island, Ikoyi area of Lagos State. The Guardian learnt that the building, under construction, came down at about 5:00 p.m., however, the cause of the collapse could not be ascertained at press time. THE GUARDIAN reports.Information Guide Nigeria A … Read more