The President Muhammadu Buhari Campaign Organisation has reacted to a statement credited to the Peoples Democratic Party a few days ago that its presidential candidate, Alhaji Atiku Abubakar will, if elected President, crash the pump price of petrol to N97 per litre. In a statement signed by the Director, Strategic Communications, Festus Keyamo, the organisation said there was no better ...

Foreign portfolio investors withdrew a total of N94.43bn from the nation’s stock market from July to September this year. The Nigerian Stock Exchange, in its domestic and foreign portfolio investment report for September, said the amount withdrawn by foreign investors in the third quarter was 23.59 per cent lower than the N123.59bn pulled out in the previous quarter. The report, ...

The Academic Staff Union of Universities (ASUU) has described the Federal Government’s promises as cheap, saying its members would not be swayed by them. ASUU President Professor Abiodun Ogunyemi said this during an interview on a Lagos-based national television programme yesterday. “We have concluded that promises from the government are very cheap. We are not bothered about what promises the ...

After a long drawn and heated meeting of the tripartite committee on minimum wage, the Federal Government finally bowed to the Organised Labour as it acquiesced to their N30,000 demand, The Sun reports. The meeting, which began as early as 11 a.m. yesterday went into a two-hour recess at 8 p.m., reconvened at 10 p.m. and lasted into the early ...

Imo State Governor Rochas Okorocha on Monday faulted the All Progressives Congress National Chairman  Adams  Oshiomhole’s apology to the Roman Catholic Church in the state. Former Edo State governor Oshiomhole, who distanced the APC from Okorocha’s alleged disrespect for the Roman Catholic community in the state,  apologised to the Archbishop of the Owerri Catholic Archdiocese, Most Reverend Anthony Obinna for ...

The planned nationwide strike by the labour unions over a new minimum wage has been shelved for now. The strike was scheduled to start on Tuesday. The News Agency of Nigeria reports that Labour leaders, government representatives and organised private sector spent many hours on Monday to reach a consensus on a minimum wage. But it was in vain as ...

The Head of the Civil Service of the Federation, Mrs. Winnifred Oyo-Ita, has ordered all workers to ensure they resume at their duty posts on Tuesday. The order was contained in a circular titled “Notice of court injunction on proposed strike action: Directive for compliance” and dated November 5, 2018. Oyo-Ita said the order became necessary because the National Industrial ...

The Independent National Electoral Commission in Bayelsa State says the commission is ready to display about 1,036,442 list of registered voters in various polling units in the state. The Resident Electoral Commissioner in the state, Dr Cyril Omoregbe, made this known on Monday in Yenagoa, the state capital, during the commission’s one-day meeting with stakeholders. The stakeholders comprise the  Nigerian ...

The Presidential candidate of the Peoples Democratic Party, Atiku Abubakar, has restated his position in support of labour in its struggle for a living wage. The former Vice-President however urges both organized labour and federal government to exercise restraint and avoid creating situations that will plunge the nation into deeper crises. Atiku Abubakar implores labour to reconsider its stance on ...

The Atiku Presidential Campaign Organisation has expressed alarm at Premium Times report of illegal diversion of $1.05 billion to secretly fund subsidy payment on petroleum products. In a statement, the organization said this revelation had once again brought to the fore the need to review the administration and management of the subsidy regime by the Federal Government. It noted, “We ...