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Kapital FM 92.9 The Station that Rocks!
The Federal Government on Thursday said a new minimum wage regime would come into effect on April 1, 2024. The Minister of Information and National Orientation, Idris Mohammed, who disclosed this in an interview with The PUNCH in Abuja, said the current N30,000 minimum wage would expire at the end of March 2024. Mohammed said this on Thursday as an analysis of the 2024 –2026 Fiscal Framework budgets by our […]
By Oduyemi Odumade The Managing Director of the Niger Delta Development Commission, NDDC, Dr Sam Ogbuku, says the agency is being owed over N2 trillion naira. Ogbuku said this when he appeared before the House of Representatives’ Committee on NDDC, chaired by Erhiatake Ibori-Suenu. According to him, the sum is the accumulation of 15 percent of the allocation of the nine states that make up the region, which is […]
By Georgina Humphrey The governorship candidate of the Labour party in the just concluded November election in Imo state, Senator Athan Achonu has called on President Bola Ahmed Tinubu to intervene and compell INEC to allow him inspect the Bi-modal Voter Accreditation System, BIVAS. Senator Achonu made the call while briefing newsmen in Abuja. He said that President Tinubu’s antecedent as one who fought for democracy is the only […]
By Georgina Humphrey Nigeria and the United states of America have agreed to set up a team to explore financing for credit to mining firms and infrastructure. United States Assistant Secretary for Energy and Natural Resources, Geoffrey Pratt stated this during a meeting with the minister of Solid Minerals Development, Dr. I Oladele Alake at the ongoing Mines & Money Conference holding in London. He said the US would […]
By Remi Johnson Going by the numerous capital intensive projects being initiated by the Wike led Administration, a #61.6 billion naira supplementary budget, to speed up completion of ongoing projects in Abuja, has been presented before the National Assembly. Presenting the supplementary budget, the FCT Minister, Nyesom Wike said the money would be injected into the rail project, road rehabilitation, Mass transportation services among others. According to the Minister, […]
Australia's prime minister has given a national apology to survivors of the thalidomide scandal and their families. It comes over 60 years after the morning sickness drug started causing birth defects in babies globally. "This apology takes in one of the darkest chapters in Australia's medical history," Anthony Albanese told parliament on Wednesday. It is the first time the government has acknowledged its role in the tragedy. "To the survivors - we apologise for the pain thalidomide has inflicted on […]
Sir Elton John is heading to Parliament to urge ministers to do more to hit a 2030 target of eliminating new HIV cases in England, the BBC has learned. The rock legend will address MPs at a meeting on Wednesday evening. It comes as more than 580 previously undiagnosed cases have been identified by a pioneering new testing scheme. Under the scheme, anyone having a blood test in selected hospital A&E units has also been tested for HIV, Hepatitis B […]
By Abdullah Bello The Federal Executive Council, FEC, has approved the presentation of 27.5 trillion Naira as next year's budget to the National Assembly for consideration. The Minister of Budget and National Planning, Alhaji Abubakar Bagudu, said FEC had equally approved a review of the Medium Term Expenditure Framework, MTEF, and the Fiscal Strategy Paper, FSP, earlier passed by the National Assembly. The major revisions in the MTEF and […]
By Oduyemi Odumade President Bola Tinubu is to lay the N26 trillion budget estimates for 2024 fiscal year on Wednesday, November 29. In line with legislative practice, the budget estimates is to be laid before the joint session of the National Assembly. The President is expected to be accompanied by some members of the Federal Executive Council (FEC). PR
