Labour happy as Tinubu signs N70,000 minimum wage bill

We have gone very far with it. And I expect that it will be signed by Wednesday,” Akpabio responded when asked about the reviewed Act meant to finance the new minimum wage.

On July 15, the Federal Executive Council mandated the Minister of Budget and Economic Planning to prepare a bill to amend the 2024 Budget.

A week later, Tinubu wrote the Senate requesting it to amend the 2024 Appropriation Act and the 2023 Finance Act by increasing the budget by ₦6.2tn.

Tinubu’s letter was addressed to the Senate President and read at plenary.

The President said the move was under Section 58 (2) of the Constitution.

The Senate approved the ₦6.2tn amendment to the 2024 Appropriation Act, raising the year’s national budget from ₦28.7tn to ₦35.055tn.

Meanwhile, the Federal Government allayed fears of non-compliance with the new minimum wage, saying the extensive negotiations and consensus-building undertaken from early February to July meant all the relevant stakeholders were involved.

Adhere to rules of engagement, FG tells INGOs

The contribution of INGOs to our national development aspirations is truly invaluable. They have been instrumental in complementing government efforts by delivering critical services and support to vulnerable populations. Their work has significantly impacted the lives of countless Nigerians, helping to build stronger and more resilient communities.

Hardship protest: Organisers dare FG, insist on August protest

The IG noted that the expected duration of the protest and the names and contact details of protest leaders and organisers must also be provided.

Further speaking, he said there must be measures put in place to prevent the hijacking of the protest by criminal elements, including “key identifiers for possible isolation of potential troublemakers.”

Egbetokun said intelligence at the disposal of the Force also revealed that foreign mercenaries were involved in the proposed nationwide protest.

Palpable tension

Meanwhile, tension has pervaded major cities in Nigeria ahead of the planned nationwide protest.

Despite pleas, persuasions, warnings, and subtle threats from state and non-state actors, the organisers of the protest have remained resolute, declaring that they will occupy the country as scheduled.

Tagged #EndBadGovernanceInNigeria, the protest has generated controversies across Nigeria, making it the leading political and security discussion in the country.

Leveraging information systems to boost SMEs growth

The infrastructure and instruments needed to gather, store, and analyse enormous volumes of data are provided by information systems. Companies can sustain a competitive advantage by reacting swiftly to market shifts, consumer needs, and competition threats. Organisations that can provide seamless and tailored experiences to their customers will have a competitive advantage as customer expectations continue to change. Businesses can collect, monitor, and analyse client data; thanks to information technology, especially tools such as customer relationship management systems. Information system tools are used by businesses like Konga, Flutterwave, and Paystack, to name a few, to gather insights, support strategic decision-making, and leverage information systems to improve operational efficiency, spur innovation, and make a huge contribution to economic growth.

Prices of beans, yam others kept rising in June -NBS24th July 2024

It said that Abuja recorded the highest average price of 1kg of tomato at N3,992.61, while the lowest was recorded in Kebbi at N1,200.

The NBS said that the highest average price of 1kg of yam tuber was recorded in Lagos at N3,376.54, while the lowest price was recorded in Adamawa at N1,100.

According to the report, Gombe recorded the highest average price of 1kg of white garri at N1,619.27, while the lowest was reported in Taraba at N900.

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