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FG ends borrowing – Finance Minister

Federal Government says it has no intention to borrow from any local or foreign organisation with its removal of subsidy on petrol and exchange rate harmonisation. The Minister of Finance and Coordinating Minister for the Economy, Chief Wale Edun, revealed this at the end of the inaugural Federal Executive Council meeting on Monday in Abuja. […]

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FG seeks to withdraw firearms case against Emefiele, files 20-count charge

The Federal Government has applied to withdraw the ‘illegal possession of firearms’ case it filed against the suspended Central Bank of Nigeria (CBN) Governor, Godwin Emefiele, at the Federal High Court sitting in Lagos. The Director of Public Prosecutions (DPP) at the Federal Ministry of Justice, Mohammed Abubakar told Justice Nicholas Oweibo that the application […]

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FGN Bond attracts N312.6bn

The Federal Government Bond Auction this month attracted a total subscription of N312. 56 billion, according to the result released by the Debt Management Office (DMO). The Office said in its post-auction statement, this evening, “In spite of current market conditions, the Auction received a total subscription of ₦312.56 billion.” The DMO held the FGN […]

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Shelve planned protest, end ongoing strike, FG begs doctors

The Federal government on Tuesday begged the striking members of the Nigerian Association of Resident Doctors, NARD, to shelve their planned nationwide protest and stop the ongoing strike for the sake of Nigerians because many people are dying in numbers in the hospitals across the country. The Permanent Secretary, Federal Ministry of Labour and Employment, […]

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FG withdraws contempt charge against NLC, TUC

The Federal Government has withdrawn the contempt charge against Nigeria Labour Congress, NLC, Trade Union Congress of Nigeria, TUC, and their leaders four days before the expiration of the ultimatum by NLC to the government to withdraw the contempt summons or face indefinite nationwide strike. In a letter to Messrs Falana & Falana’ Chambers, Counsel, […]

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There’s no court order stopping us from embarking on peaceful protest, NLC tells FG

The Nigeria Labour Congress, NLC, has told the Solicitor -General of the Federation and Permanent Secretary, Ministry of Justice that there is no order be it interim, interlocutory or perpetual order from either the National Industrial Court, or any other court restraining Nigerian workers from participating in peaceful rallies convened by it. The NLC also […]

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Labour leaders fume, as aide represents FG at failed meeting on subsidy

The continuation of the Federal Government and Organised Labour’s meeting over the removal of subsidy on petrol, and its attendant consequences, failed to hold Friday evening. However, Organised Labour blamed government unpreparedness and lack of seriousness for the botched meeting. Vanguard gathered that the scheduled meeting of the main committee (the Steering Committee) and three […]

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August 2 Strike: FG robbing masses for the rich — NLC fumes

Organised labour, on the platform of Nigeria Labour Congress, NLC, has said the seven-day ultimatum they gave the Federal Government to reverse all anti-people policies, including the fuel subsidy matter, was as a result of government’s perchant of robbing the masses to feed the rich. Labour equally said: “The government seems to have declared a […]

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