Author: salgvoice
Nigerians pay over $1 billion in cash bribes.
The Naira yesterday appreciated to N1,550 per dollar in the parallel market from N1,560 per dollar on Wednesday. Similarly, the Naira appreciated N1,554.55 per dollar in the Nigerian Autonomous Foreign Exchange Market, NAFEM. Data from FMDQ showed that the indicative exchange rate for NAFEM fell to N1,554.55 per dollar from N1,561.98 per dollar on Wednesday, indicating N7.43 appreciation for the naira. The volume of dollars (turnover) traded on the window rose by 47.4 per cent to $348.82 million from $236.7 million traded on Wednesday. Consequently, the margin between the parallel market and NAFEM rates widened to N54.55 per dollar from…
Yesterday’s talks between President Bola Tinubu and the Organised Labour on minimum wage were adjourned until next week. The Tripartite Committee on the new national minimum wage had recently submitted two figures to the President as the organised private sector and the government team offered to pay N62,000, while the Organised Labour demanded N250,000. Following the disagreement on the figures, the President had delayed sending any figure to the National Assembly through the Executive Bill to consult with all the relevant stakeholders in order to resolve all the contentious issues. Ajaero, who addressed State House Correspondents after the meeting, said…
A Federal High Court in Abuja has ordered that former Minister of Power, Saleh Mamman be remanded in Kuje prison in Abuja pending the consideration of his bail application. Justice James Omotosho issued the order on Thursday, July 11, after Mamman was arraigned on a 12-count charge bordering on money laundering offences. He pleaded not guilty to the charge brought against him by the Economic and Financial Crimes Commission (EFCC), following which the prosecuting lawyer, Olumide Fusika (SAN) sought a date for the commencement of trial. Lawyer to the defendant, Femi Ate (SAN) said he filed a bail application shortly…
Super Eagles striker Victor Osimhen has revealed the unpleasant consequences of achieving success. The reigning CAF African Footballer of the Year warned that success often attracts jealousy, bitterness, and gossip from others. He wrote on Instagram: ”Your blessing comes with side effects. Expect a case of jealous, bitter, gossiping people. But keep your joy regardless”. Osimhen’s post included photos of himself and his daughter, Haly, posing outside a private jet, showcasing his luxurious lifestyle.
“This is a Niger Delta Stakeholders Summit and not just an NDDC Summit. The NDDC as an interventionist agency, we thought to intervene in the gap of bringing our people together to discuss the challenges we are facing and the prospects ahead of us, hence the theme of the summit “Renewed Hope For Sustainable Development in the Niger Delta. As the mantra for this present administration of the nation is “Renewed Hope”, we thought it is also ideal for us as Niger Delta people to key in. And one of the cardinal pillars of this administration is stakeholders engagement and…
The Nigeria Labour Congress has thrown its full support behind the Economic and Financial Crimes Commission in the ongoing battle against corruption in Nigeria. The Congress President, Joe Ajaero, disclosed this in Abuja at the EFCC Walk against Corruption held on Thursday across various states in the country. In his address, Ajaero emphasized the critical nature of the anti-corruption campaign, stating, “There’s an urgent need for us to fight corruption, and the NLC will throw its weight behind the agency in all fights against corruption.” He advised the EFCC to remain vigilant against misinformation, ensuring that genuine Nigerians continue to…
The Supreme Court, on Thursday, ( 11, July 2024) declared that it is unconstitutional for state governors to hold onto funds meant for Local Government (LG) administrations. In its lead judgement read by Justice Emmanuel Agim, the apex court observed that the refusal of state government on financial autonomy for local governments has gone on for over two decades. He said local governments has since stopped receiving the money meant for them from the state governors who act in their stead. Justice Agim noted that the 774 local government councils in the country should manage their funds themselves. He dismissed…
From the picture, they are co-wives, the one threading is the second wife. The baby the first wife is holding belongs to the second wife. Their husband will return home to see his family happy. This is how first and second wives lived happily in Africa before the white men brought their culture of one man one wife. Today in the post colonial ere, we have more divorce, single mothers and problematic relationships. The white men who advised African with one man one wife are now advising African to go into man to man or woman to woman marriage.