Author: Aminu Imam

‘N70,000 minimum wage now worth just $47’ – US Report

Aminu Imam
Minimum wage logo

A new report by the United States government has warned that Nigeria’s recently approved ₦70,000 minimum wage has lost much of its value due to the sharp devaluation of the naira. At the current exchange rate of over ₦1,500 to the dollar, the wage amounts to about $47.90 per month, placing Nigerian workers among the lowest-paid globally. The report noted that while the increase was announced as a major reform, its impact has been undermined by inflation and weak enforcement. It also highlighted that the law applies only to businesses…

Read More

NGE raises alarm over economy, insecurity, education

Aminu Imam
NGE

…Warns against media suppression The Nigerian Guild of Editors (NGE) has expressed deep concern over the deteriorating state of the nation’s economy, worsening insecurity, and the continued decline in the education sector, urging government at all levels to urgently address the challenges to avert a deeper national crisis. Rising from its Standing Committee meeting held in Owerri, Imo State, on August 15, 2025, the Guild highlighted key resolutions on critical national issues, especially as they affect the media and the wellbeing of Nigerians. In a communiqué jointly signed by the…

Read More

FG plans salary increase for Tinubu, Ministers, Legislators, other political office holders

Aminu Imam
FG plans salary increase

The Federal Government is considering a salary increase for President Bola Tinubu, Vice President Kashim Shettima, senators, ministers, and other political office holders, following a proposal by the Revenue Mobilisation Allocation and Fiscal Commission, (RMAFC). RMAFC Chairman, Mohammed Shehu, who announced the plan at a press briefing in Abuja on Monday, described the current salary structure as outdated and unrealistic, noting that it has remained unchanged since 2008 despite rising responsibilities and economic challenges. Shehu revealed that the President currently earns N1.5 million monthly, while ministers receive less than N1…

Read More

‘Nigeria spends $10bn annually on food import’ – Agric. Minister

Aminu Imam
cmp3.10.3.2Lq4 0xad6b4f35

Nigeria spends about $10 billion annually on food imports despite vast agricultural potential, the Minister of Agriculture and Foodb Security, Abubakar Kyari, has said. Kyari disclosed this yesterday at the ‘First Bank of Nigeria Ltd. 2025 Agric and Export Expo’, which was held in Lagos.. Represented by his Special Adviser, Ibrahim Alƙali, the minister described the rising food import bill as unsustainable and stressed the need for increased financing to boost local production and exports. “Nigeria spends over $10 billion annually importing food such as wheat, rice, sugar, fish, and…

Read More

FG to return 500,000 out-of-school children to learning centres

Aminu Imam
out of school children

The Federal Government has begun a programme to reintegrate more than 500,000 out-of-school children into learning centres across the country, in the first phase of a national literacy initiative. The National Commission for Mass Literacy, Adult and Non-Formal Education, (NMEC), announced the rollout yesterday, at a two-day training for enumerators in Abuja. Acting Executive Secretary of NMEC, Dr. John Onimisi, said the exercise would capture data on young people aged 15 and above, who either dropped out or never completed formal schooling. He explained that the scheme would combine literacy…

Read More

Ɗangote Refinery turns to Russian crude, as local oil majors refuse supply  

Aminu Imam
Dangote Refinery turns

Ɗangote refinery, Africa’s largest and owned by Aliko Ɗangote, is preparing to import Russian crude oil as a last resort after repeated failures to secure feedstock from local oil producers, a development that threatens to entangle Nigeria in the geopolitical crossfire over Western sanctions on Moscow’s energy exports.  The $20 billion Ɗangote Refinery, which aims to transform Nigeria from an importer to a net exporter of refined petroleum products, has faced months of supply shortfalls as international oil companies operating in Nigeria refuse to prioritise domestic sales. Instead, they continue…

Read More

EFCC detains NAHCON Finance Chiefs over alleged ₦50bn Hajj fraud

Aminu Imam
EFCC detains

The Economic and Financial Crimes Commission (EFCC) has detained the Commissioner of Policy, Personnel and Finance at the National Hajj Commission of Nigeria (NAHCON), Aliu AbdulRazak, and the Director of Finance and Accounts, Aminu Y. Muhammed, over alleged financial mismanagement in the 2025 Hajj exercise. According to reports, the two officials honoured an EFCC invitation on Monday, but remained in custody late into the night. Their detention follows growing allegations of corruption and irregular spending linked to NAHCON’s Chairman, Prof. Abdullahi Saleh Usman (“Pakistan”), under whose watch more than ₦50…

Read More

Conditional Cash Transfers: “We’ve disbursed ₦419bn to nearly 6m Nigerians” – FG

Aminu Imam
FG on Cash Transfer

…To pay ₦54bn to 2.2m beneficiaries in August  President Bola Tinubu’s administration has said that its government will reach over 2.19 million Nigerians this August through its Conditional Cash Transfer programme. Minister of State for Humanitarian Affairs and Poverty Reduction, Tanko Sununu, made this known while speaking on a television programme yesterday. “In August, we are going to reach out to 2,190,000 people. The process is that the National Social Safety-Net Coordinating Office (NASSCO) will now harvest vulnerable Nigerians based on their lowest cadre in the national social register”, he…

Read More

H’Reps pass Bill to increase Lagos LGAs from 20 to 57

Aminu Imam
H'Reps pass Bill

The 10th House of Representatives has approved a bill seeking to recognise the 37 development area councils in Lagos as full-fledged local government areas, (LGAs). If signed into law, the Bill will raise the number of LGAs in Lagos from 20 to 57. The legislation, titled: “A Bill for an Act to Alter the Constitution of the Federal Republic of Nigeria, 1999 (as amended), to Accommodate the Thirty-Seven (37) Development Area Councils of Lagos State as Full-Fledged Local Government Areas’, was among 42 Constitution amendment Bills passed by the lower…

Read More

2027: Galadima accuses FG of planning to rig election

Aminu Imam
Galadima accuses FG

A chieftain of the New Nigeria Peoples Party (NNPP), Buba Galadima, has claimed that the Federal Government is plotting to rig the 2027 election. Galadima, who appeared on a television programme yesterday,  said the NNPP will teach the government a lesson in the coming general election. He said, “What is going on is very easy, what this government is planning is to rig the election in 2027.” Asked how he knew about the alleged plan, Galadima said, “From their antics, they say it. When they go to a governor to…

Read More