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The law reviewable every three years.   President Bola Tinubu has signed the new National Minimum Wage Amendment bill 2024 into law. The law reviewable every three years. This follows the resolution between the government, private sector and the organised labour on N70,000 minimum wage. Tinubu signed it at the State House in Abuja on Monday days after the National Assembly passed the bill.   The President signed the bill midway into the Federal Executive...

VC laments Babcock’s N300m May electricity bill

The Vice-Chancellor, Babcock University, Prof. Ademola Tayo, has said high electricity tariff is a great threat to quality education in Nigeria. Speaking on Sunday at the Babcock University 22nd undergraduate and 13th postgraduate convocation, Tayo said the institution paid N300m as electricity tariff in the month of May. “I hereby call on the government to reduce electricity tariff. High electricity tariff is a threat to quality education in Nigeria. University education needs support for the...

On Wednesday, the House of Representatives passed the first reading of a bill proposing amendments to the 1999 Constitution to introduce a single six-year term for the offices of the President, state governors, and Local Government Areas chairmen.   Sponsored by Ikenga Ugochinyere, representing Ideato North/Ideato South Federal Constituency, Imo State, along with 50 other lawmakers, the bill aims to reduce election costs by extending the tenure of these offices.   The proposed amendments target...