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All workers to benefit from N25,000 provisional wage increase – Gbajabiamila The President’s Chief of Staff, Femi Gbajabiamila, has on Sunday said that the N25,000 provisional wage increase President Bola Ahmed Tinubu promised to low-grade workers for six months will now cut across all workers. Gbajabiamila disclosed this following negative reactions that followed the announcement. Recall that Tinubu had in a live broadcast said: “For the next six months, the average low-grade worker shall receive an additional N25,000 per month”. But reacting to the reactions Gbajabiamila said: “There was a lot of chatter on Twitter about the issue of low-income workers only falling into the category of the provisional wage increase. And we did communicate with the President and he quickly did say and agreed that all categories of workers will be given the wage bill. There is nothing like low income, median income or high income”.

President Tinubu’s full speech on Independence Day ADDRESS BY HIS EXCELLENCY, PRESIDENT BOLA AHMED TINUBU, GCFR, PRESIDENT AND COMMANDER-IN-CHIEF, FEDERAL REPUBLIC OF NIGERIA IN COMMEMORATION OF THE 63RD INDEPENDENCE ANNIVERSARY OF NIGERIA ON SUNDAY, 1ST OCTOBER, 2023 It is my unique honour to address you on this day, the 63rd anniversary of our nation’s independence, both as the President of our dear country and, simply, as a fellow Nigerian. On this solemn yet hopeful day, let us commend our founding fathers and mothers. Without them, there would be no modern Nigeria. From the fading embers of colonialism, their activism, dedication and leadership gave life to the belief in Nigeria as a sovereign and independent nation. Let us, at this very moment, affirm that as Nigerians, we are all endowed with the sacred rights and individual gifts that God has bestowed on us as a nation and as human beings. No one is greater or lesser than the other. The triumphs that Nigeria has achieved ...

A 22-year-old housemate, Ilebaye Odiniya, on Sunday, won this year’s Big Brother Naija reality television show tagged: “All-Stars Edition.” She took home a cash prize of N120 million, an SUV, and other incentives for her efforts in the house. Ilebaye brushed aside competition from the 2019 winner of the contest, Mercy Eke, who finished in second position at the end of the three-month show. Cynthia Nwadiora aka Cee finished in third position. The eighth edition of the reality show started on July 23 with 20 housemates before the list was gradually whittled down to the top three on Sunday.

Victor Osimhen’s agent, Robert Calenda, has threatened to take legal action against Napoli after a video was published on the club’s official social media mocking the Nigeria striker for missing a penalty in the weekend’s goalless draw at Bologna.The TikTok post, which was subsequently deleted, showed Osimhen failing to score his spot-kick in the Serie A match with a high-pitched voice saying “gimme penalty please”, sparking a furious reaction from Calenda. Roberto Calenda released a statement on messaging platform X, formerly known as Twitter, saying the video caused “very serious damage to the player.” “What happened today on Napoli’s official profile on the TikTok platform is not acceptable. A video mocking Victor was first made public and then, but now belatedly, deleted,” said Calenda. “We reserve the right to take legal action and any other useful initiative to protect Victor.” Napoli did not immediately respond to a request for comment outside normal business hours. Os...

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Nigerian exchange rate policy has been changing since the introduction of the Naira as the official Nigerian currency. For instance, the U.S. Dollar to Naira exchange rate was N0.658 in 1972. Timeline of Dollar to Naira Exchange Rate from 1972 to 2023 Kindly note that the US to Naira black market exchange rate is completely different from the rate. In this post, we rely on the official rate (CBN rate) which has now metamorphosed into Importers’ and Exporters’ Window, following the FX unification. For simplicity, InfomediaNG divided the year under review into four as follows: 1. 1972 to 1983 2. 1984 to 1998 3. 1999 to 2015 and 4. 2015 to 2023 So, let’s get started! Dollar to Naira exchange rate between 1972 to 1983 From below you can see that one US dollar was N0.658 in Nigeria in 1972, that’s two years after the end of the Civil War. 1972: $1 = N0.658 1973: $1 = N0.658 1974: $1 = N0.63 1975: $1 = N0.616 1976: $1 = N0.62 1977: $1 = N0.647 1978: $1 = N0.606 ...

Nigeria Labour Congress (NLC) and Trade Union Congress of Nigeria (TUC) have declared an indefinite nationwide strike to protest federal government’s failure to implement palliative measures following the removal of fuel subsidy. The strike which is expected to commence by midnight on Tuesday, 3rd October, 2023, will paralyse economic activities in the country as the labour centres have directed members to withdraw their services. NLC national president, Comrade Joe Ajaero and Comrade Festus Osifo, the TUC national president at a joint briefing after their separate National Executive Councils (NEC ) meetings yesterday in Abuja said that the federal government has continued to grandstand and forestall all avenues to peaceful dialogue with organised labour on ways to save Nigerians from the huge hunger and suffering experienced across the nation as a result of the hike in the price of petrol. They also directed all affiliates and state councils to immediately start mobilising for ...

Nigeria Guild of Editors (NGE) has expressed worry over the prevailing lawlessness and general state of insecurity in the country, especially in the South-East. It however commended governors of the South-East geopolitical zone for the ongoing initiatives to collectively address the challenges. Similarly, the guild also applauded the efforts of Bayelsa State governor, Douye Diri, for his infrastructure development and for improving security in the state. In a statement yesterday after its standing committee meeting in Yenagoa, the Bayelsa State capital, the professional body of editors in Nigeria said governments at all levels have the primary purpose of securing lives and property. The statement signed by the NGE president, Eze Anaba, and general secretary, Dr Iyobosa Uwugiaren, noted that the prevailing situation in some states was an abdication of that sacred responsibility. The NGE stated: “The guild has observed that the insecurity in these areas has led to the needless lo...

President Bola Ahmed Tinubu is expected to present the 2023 supplementary as well as the 2024 Appropriation Bills to the House of Representatives in the coming days. The speaker of the House, Hon Tajudeen Abbas, disclosed this in his welcome address to members on resumption from the two months recess at plenary, yesterday. Abbas said though the time to consider the budgets will be short, lawmakers must roll-up their sleeves and get to work immediately and ensure the speedy consideration of the Appropriation Bills that will encapsulate the yearnings of the people. He also said the 10th Assembly will maintain the tradition established by the 9th House in terms of speedy consideration of the appropriation bills and the lawmakers must diligently consider the budgets to ensure that they meet the needs of their constituents. “We have to put in extra work hours to ensure that the budget is passed in good time to enable its implementation from the first day of 2024. Our nation and indeed...

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