ALGON Warns of Financial Strain from Proposed ₦62,000 Minimum Wage
The Association of Local Governments of Nigeria (ALGON) has voiced concerns over the proposed ₦62,000 minimum wage, warning that it could impose a significant...
Dangote Expands Refinery Storage and Urges Fuel Quality Enforcement
Alhaji Aliko Dangote, President of the Dangote Group, has announced plans to expand the storage capacity of his refinery by 600 million liters, increasing...
Economic Risks of Minimum Wage Hike Without Productivity Boost, Warns Rewane
Bismarck Rewane, Managing Director of Financial Derivatives Company Limited, highlighted the serious economic risks of increasing Nigeria’s minimum wage without a corresponding rise in...
Foreign Investors Withhold Funding for 20 Modular Refineries Due to Crude Supply Concerns
Foreign investors set to fund the construction of around 20 modular refineries in Nigeria have put their plans on hold due to uncertainties about...
Full Autonomy for Local Governments Will Reduce Poverty and Insecurity, Says RMAFC
The Revenue Mobilisation Allocation and Fiscal Commission (RMAFC) has called for full autonomy for Local Government Councils (LGCs) in Nigeria, asserting that such a...