The Nigerian Labour Congress (NLC) has explained why it accepted Dr Chris Ngige’s reappointment as the Minister of Labour and Employment despite several unresolved labour disputes in his first term. Vigil360 recalls that NLC had earlier kicked against President Muhammadu Buhari’s decision

The Vice President, Yemi Osinbajo is currently presiding over the National Economic Council (NEC) meeting at the Council Chamber, Presidential Villa, Abuja.

The Federal Government through the Nigerian Electricity Regulatory Commission (NERC) has increased the tariff payable by power consumers across the country starting from next year.

Following the delay by representatives of Organized Labour and the Federal Government to agree on the consequential adjustments relating to the recently approved New Minimum Wage, President Muhammadu Buhari has waded into the matter.

The National Economic Council (NEC) which is being concurrently spearheaded by the head of Nigeria’s Economic Management team, Vice President Yemi Osinbajo has on Thursday 22nd August, 2019 disclosed that there is unprecedented economic stability and growth during the previous eight successive quarters of the years spanning through 2017 to 2019, since Nigeria emerged out of economic recession.

The Federal Government has unfolded its plan to recover the ₦614 billion bailout fund it’s offered to 35 states under the National Budget Support Loan Facility.

The Nigerian Electricity Regulatory Commission (NERC), has said no tariff increase has been approved by the commission yet, putting to rest agitations from some quarters that the Commission would soon approve increase in electricity tariff.

According to a recent study, Nigerians spend over N730billion annually on sports betting and a whopping sum of two billion naira is generated on a daily basis. The data also revealed that over 60 million Nigerian punters spend over N3,000 daily placing bet stakes. 

Poised to dominate the African airspace and also compete with International airlines, Nigerian carrier, Air Peace, says it will begin flight operations to Johannesburg, South Africa and Sharjah, United Arab Emirates next month. Making the announcement, Chairman of Air Peace, Allen Onyema, disclosed this at a meeting of the airline’s Board of Directors on Wednesday in Ikeja.