Connect with us

Video

Video: Nigerian President, Tinubu promises interim wage increase to forestall labour strike

Published

on

Nigerian President, Bola Tinubu, in a nationwide broadcast on the commemoration of the country’s independence, announced an interim wage rise for low income workers, and deployment of mass transit buses running on gas to ease the impact of petrol subsidy removal.

The announcement comes two days before labour unions are set to embark on an indefinite strike.

Tinubu said the decision was reached after talks with labour, business and other stakeholders. In the plan, federal government workers would get an additional 25,000 naira a month for the next six months, a marginal raise he said was necessary to avoid pushing up double-digit inflation.

That would take the minimum wage in Nigeria to 55,000 naira ($71) from 30,000 naira, although labour unions want Tinubu to reinstate the fuel subsidy and had previously demanded a minimum wage of 200,000 naira.

The Nigerian president said tax collection would be increased to improve investment in small businesses in order to boost employment, while a special investigator would soon present findings on what he called a “den of malfeasance” at the central bank.

Video

Video: Nigeria’s Vice-President Shettima questions Badenoch’s migration stance

Published

on

In this video, Nigeria’s Vice President, Kashim Shettima, lends his voice to the trending issue of migration in the global arena. Shettima addressed the leader of the Labour Party in the United Kingdom, Kemi Badenoch, stressing that even if she changed her first name, that would not change Nigeria’s position as “the greatest black nation on earth.”

Migrants are the source of life in all societies, Shetimma argued.

Since becoming the leader of the UK Conservative Party, Badenoch, who is of Nigerian descent, has pledged to enforce stricter immigration policies, warning that the current pace of migration risks were overwhelming public services and undermining social cohesion.

Over the last few decades, migration numbers in the UK have generally been comparable to those in other high-income nations. Addressing issues around migration has become a strong political and policy topic in the UK, with the previous administration under Rishi Sunak pushing for an unconventional approach to the matter by sending migrants to Rwanda, East Africa.

Watch the video below:

 

Continue Reading

Video

#GhanaDecides : Ghana’s former VP Bawumia concedes defeat (Video)

Published

on

In this video, Ghana’s ruling New Patriotic Party candidate, Mahamudu Bawumia, concedes defeat in the recently concluded presidential election.

“Ladies and gentlemen, we have conceded defeat like any consummate Democrat would do. But we have not abandoned the fight to transform Ghana and expand opportunities to all sections of our society. We will not be a disruptive opposition.”

In Ghana, members of Parliament are chosen by first-past-the-post voting in single-member constituencies, but the president is chosen through a two-round process.

Former President John Mahama, the candidate of the National Democratic Congress, secured a majority in the first round, enough to be declared the president-elect.

Watch the video below:

Continue Reading

EDITOR’S PICK

VenturesNow3 weeks ago

Nigeria: Marketers predict further price cut as another refinery begins operations

Oil marketers and the Nigerian Midstream and Downstream Petroleum Regulatory Authority expect refined petroleum product prices to reduce as another...

VenturesNow3 weeks ago

Kenya: Consumer inflation rises to 3.0% from 2.8%

Kenya’s statistics agency said on Tuesday that Kenya’s consumer price inflation increased slightly to 3.0% year-over-year in December from 2.8%...

VenturesNow3 weeks ago

South Africa’s Transnet’s half-year deficit hits $117m

Transnet, a state-owned logistics company in South Africa, announced on Tuesday that it had lost 2.2 billion rand ($117.48 million)...

Musings From Abroad3 weeks ago

Nigeria, China extend $2bn currency swap deal

A 15 billion yuan ($2 billion) currency-swap arrangement between China and Nigeria has been extended to boost investment and commerce...

VenturesNow3 weeks ago

Egypt’s central bank maintains overnight rates

As anticipated, Egypt’s central bank has maintained its overnight interest rates, stating that although inflation was predicted to drop significantly...

VenturesNow3 weeks ago

Illicit flows cost Nigeria, others $1.6bn daily— AfDB

According to the African Development Bank (AfDB), illicit money flows and profit shifting by multinational corporations doing business in Africa...

Metro3 weeks ago

‘Don’t start what you can’t finish’, ex-Nigerian official replies President Tchiani

Former Nigerian Aviation Minister, Femi Fani-Kayode, has told President Abdourahamane Tchiani of Niger Republic to refrain from making infantile and...

Tech3 weeks ago

Again, Starlink raises prices of its services in Nigeria

Elon Musk’s satellite internet service provider, Starlink, has again jacked up the prices of its services in Nigeria after an...

Sports3 weeks ago

Former President of Moroccan club Raja sentenced to 3 years in prison

The former President of Moroccan top club, Raja Casablanca, Mohamed Aouzal, has been sentenced to three and a half years...

Metro3 weeks ago

Zambia announces second case of Mpox as country battles cholera outbreak

The Zambian Ministry of Health has reported a second case of Monkeypox, popularly known as Mpox, in Kitwe region of...

Trending