FG increases provisional wage increment to N35000; removes VAT on diesel for six months

President Bola Tinubu has approved an additional N10, 000 to the provisional wage increment he announced for workers earlier today, The wage increment which is to last for six months is part of the measures to cushion the effect of the economic hardship being experienced as a result of the fuel subsidy removal. President Tinubu had in his Independence day broadcast announced N25, 000 provincial wage increase for low-grade workers. However after a meeting between the Labour union leaders and

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FG increases Unity schools fees from N45,000 to ₦100,000

The Federal Government has increased the school fees of new students into Federal Government colleges otherwise known as Federal Unity colleges to ₦100,000.   The increment was made known via a circular released from the Office of the Director of Senior Secondary Education Department of the Federal Ministry of Education, dated 25th May, 2023, and addressed to all Principals of Federal Unity Colleges.    According to the circular titled, “Approved fees/ charges for Federal Unity Colleges (1st Term) for new

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Gov Uzodinma increases minimum wage to N40, 000

Governor Hope Uzodinma of Imo state has increased the minimum wage of workers in the state to N40,000.   The governor made this known while addressing members of the state executive council on Saturday, July 15. He  said the current economic situation caused by the removal of fuel subsidy is biting hard on the people and that the increment in salaries is to help cushion the hardship civil servants in the state are facing  due to the fuel subsidy removal.

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FG increases petrol pump price to N143.80

The Petroleum Products Pricing Regulatory Agency has announced a new price band of N140.80 to N143.80 per litre for Premium Motor Spirit, also known as petrol.    Sources at the Abuja headquarters of the agency said the rise in petrol price was primarily due to the increase in global crude oil prices.   A circular released on Wednesday July 1, from the PPPRA to marketers reads;   “After a review of the prevailing market fundamentals in the month of June and

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Uproar as FAAN increases passengers’ service charge by 100 percent

The Federal Airports Authority of Nigeria (FAAN) has concluded plans to increase Passenger Service Charge (PSC) by 100 percent.   The new charge, effective from August 1, requires passengers to pay N2,000 as PSC, instead of the former N1000 for domestic flights.   As for international passengers, they will have to pay $100 as opposed to the previous $50.   Managing Director of FAAN Capt Rabiu Yadudu made this known in a letter to all airlines dated June 22, 2020.   In the letter titled “Implementation of

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Bail of Derek Chauvin, officer charged with murder in George Floyd case increases from $500k to $1.25 Million

The bail of Derek Chauvin, the white police officer charged with murder in the killing of George Floyd two weeks ago, has been increased from $500,000 to $1.25 million on Monday afternoon.   Chauvin, a 19-year veteran of the police force has been behind bars since he was arrested on May 29 following Floyd’s death that has sparked protests of racial inequality all over the world. Chauvin faces charges of second-degree manslaughter and second-degree murder, and participated in his initial

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