Tag: FG
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Take Out IPPIS and the strike will be called off- ASUU tells FG
The Academic Staff Union of Universities (ASUU) urged the Federal Government to leave the Integrated Payroll Personnel Information System (IPPIS) as a condition to call off its ongoing strike in the country. Prof. Biodun Ogunyemi, ASUU President said this in a statement made available on Sunday in Abuja that the ongoing strike may still linger…
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Nigeria’s Debt Profile To Reach N38.68trn In 2021 — FG
The Federal Government of Nigeria says Nigeria’s public debt stock is projected to rise to N38.68 trillion by December 31, 2021. The Minister of Finance, Budget and National Planning, Zainab Ahmed, disclosed this on Tuesday when she appeared before the Senate Committee on Local and Foreign Debts. It was earlier reported that the federal government…
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ASUU responsible for continued strike – FG
The face-off between the Federal Government and Academic Staff Union of Universities has continued to deepen with the government insisting that Nigeria is the only country where lecturers walk away after shutting down Universities. The Minister of State for Education, Emeka Nwajiuba, said these in an interview with our correspondent in Abuja on Monday. He…
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Nigeria’s inflation rate hits 13.7%, highest in 30 months
Nigeria’s inflation rose to 13.7 per cent in September, hitting its highest level since its 13.34 per cent rate of March 2018. The National Bureau of Statistics disclosed this in its Consumer Price Index report for September on Thursday. Part of the report read, “The consumer price index which measures inflation increased by 13.71 per…
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FG Lied We Are Not Ending Strike – ASUU Chairman
The Academic Staff Union of Universities has said the alleged lies and propaganda employed by the Federal Government against the union will not force it to suspend the strike action. The union denied the claim by the Minister of Labour and Employment, Dr Chris Ngige, that it had suspended the six-month-old strike, saying such lies…
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Buhari Warns Agitators Says He Won’t Bow To Pressure
The Presidency has responded to the recurring threats to the corporate existence of the country. Presidential spokesman, Garba Shehu, in a statement, warned those giving specific timelines for President Muhammadu Buhari to either do one thing or another or risk the nation’s breakup. The General Overseer, the Redeemed Christian Church of God, Pastor Enoch Adeboye,…
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COVID-19: Buhari seeks IMF support for developing countries
The President, Major General Muhammadu Buhari (retd.), has called for the reallocation of unused International Monetary Fund’s reserve assets also known as Special Drawing Rights currently held by developed countries to support COVID-19 recovery efforts in developing economies. The President, represented by Vice President Yemi Osinbajo, made the call on Tuesday at the virtual high-level…
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Fresh World Bank, AfDB, IDB loans may raise Nigeria’s debt to N31.7tn
fresh loan disbursements expected from the World Bank, African Development Bank and Islamic Development Bank may raise Nigeria’s total public debt stock to N31.699tn in coming months. Nigeria currently expects about $1.844bn (N699.1bn at N379/$ official exchange rate) from the three financial institutions, Sunday PUNCH gathered from the Debt Management Office in Abuja. On September…
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FG To Civil Servants : Do Not Join Labour Strike
The Federal Government has warned civil servants against participating in the planned nationwide strike called by the organised Labour. The Nigeria Labour Congress (NLC), Trade Union Congress (TUC), and its affiliate unions had called on workers to embark on an indefinite industrial action on Monday over the price of petrol and electricity tariff. But in…
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Nigeria’s 60th Independence Celebration Will Be Low-Key – FG
The Federal Government has reiterated that the nation’s 60th independence anniversary celebration will be low-key. The Minister of Information and Culture, Lai Mohammed, who disclosed this while briefing journalists on Thursday, in Abuja, said this is not unconnected from the COVID-19 pandemic. “The 60th independence anniversary celebration will be low-key just as the President has…