Atiku cautions Tinubu: Pension Funds can invest no more than 5% of total pension funds’ assets in infrastructure investments

The presidential candidate of the Peoples Democratic Party in the 2023 elections in Nigeria, Atiku Abubakar, has warned President Bola Tinubu not to fiddle with the pension funds assets of Nigerian workers. The warning by the former Vice President followed a move by the Federal Government to use the pension funds assets. In a statement…

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NiMET staff members threaten to go on strike on Monday over 45 months unpaid arrears

The staff members of Nigeria Meteorology Agency, NiMET, have been directed to embark on a strike on Monday, May 20, 2024 due to management’s failure to address 45 months of minimum wage arrears and consequential adjustments for them. The directive was given in a letter dated May 14th, 2024, by Aviation unions, including the National…

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Three Wike’s loyalists walk away from Fubara’s cabinet

Three commissioners serving in the cabinet of Rivers State Governor Siminalayi Fubara have resigned from their positions. The three commissioners announced their resignations in separate letters addressed to Fubara through the Secretary to the State Government, Dr Tammy Danagogo. The letters were dated May 15, 2024. The commissioners, who are loyalists of the immediate past…

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Portable fails to meet bail conditions, cools heels in police custody

Popular Nigerian singer Habeeb Okikiola, well known as Portable, has been detained in police custody after failing to meet the bail conditions for his release. told Trust Africa News The operatives of the Lagos State Police Command arrested Portable on Tuesday, May 14, for alleged failure to pay the balance of his G-Wagon vehicle. The…

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“Rivers Commissioner for Social Welfare Aguma resigns”

The Rivers state commissioner for social welfare, Inime Aguma, has resigned from Governor Sim Fubara’s government.This brings the number of commissioners who left the state executive council on Wednesday, May 15, to five.She addressed her letter to Fubara through the Secretary to the State Government (SSG), citing the “current unconducive” working environment. Details shortly… Share…

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FCMB has secured a $10 million facility from the U.S. for the health sector

The United States (U.S.) is partnering with First City Monument Bank (FCMB) in support of health care provision in Nigeria.The programme, packaged under the U.S. Agency for International Development (USAID), will strengthen Nigeria’s health sector, as well as private sector resilience, Mission Director, Melissa Jones, has said. Under the terms of the agreement, USAID and…

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