[News Update] Realistic salaries for worker as States Share N458bn in June
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Nigerian Workers to Enjoy New Realistic Salaries - Minister of Labour
The Minister of Labour and Productivity,Chief Emeka Wogu, who is a lawyer granted the Economic Confidential magazine an Interview on various issues including unemployment in Nigeria, negotiations with labour unions, new salaries for civil servants and maltreatment of Nigerian workers by expatriates among others. He said the New workers' salary package is realistic and sustainable. READ
Federation Account: How They Share N458.9bn in June 2010
The Economic Confidential magazine provides here the distribution of a total sum of N436.9 billion being the Statutory and VAT allocations shared to all tiers of government in June 2010 in addition to N22bn from the Excess Crude Account. From the table of net disbursements, the highest recipients are from the oil producing states with Akwa Ibom receiving N15.5bn, Rivers N14.7bn, Delta N13.5bn, Bayelsa N5.3b. The highest recipients from non-oil –producing states are Lagos N10.5n and Kano N8.5bn. No state receive less than N3bn. READ
Any Good Luck for Jonathan in 2011 Election?
It is doubtful if Jonathan can have any good luck towards emerging as the PDP Presidential Candidate going by the threats of some Niger Delta leaders like Chiefs Edwin Clark and Albert Horsfall daring the Northerners for the post in provocative postures. It is a fact that PDP governors who did not accord respect to him when he was Vice President and while acting as the commander-in-chief during Yar'Adua's hospitalisation are not likely to endorse his candidature for the election. The governors are also unhappy that... READ
Those Who Fail to Plan on FIFA and Others
No one expected that Nigeria will lift the World Cup. Not many either expected such a gross non-performance. Perceptible football followers knew that the Nigeria's participation in South Africa 2010 would be a misadventure. Those who do not plan should of necessity be prepared to fail. Nigeria's football team the Super Eagles were among the worst prepared teams for the tournament. The result is what we got. READ
Nigerians Enjoy lowest VAT rate –FIRS boss
The Executive Chairman of the Federal Inland Revenue Service (FIRS), Mrs. Ifueko Omoigui-Okauru has said that Nigeria is the only country where Value Added Tax (VAT) is lowest at five percent. READ
Re-Nigerian Banks are Gambling Houses
The Central Bank of Nigeria has noted the above captured headline in a syndicated report in some national newspapers of Saturday, 10th July, 2010 in which the Governor, Mallam Sanusi Lamido Sanusi was alleged to have referred to Nigerian banks as gambling houses. The CBN wishes to state emphatically that the Governor at no time during the lecture made such assertion. From all intent and purposes, the news report was deliberately misrepresented for sensationalism. READ
Homemaker: Making the Best of Our Days
Reading this page for the first time? Homemaker focuses on how to take care of the home-front; develop better families and make our homes delightful abodes with available resources. In this edition we shall look at how to occupy and engage our times against boredom and loneliness especially when we are on break. The beauty of a woman is more inward than outwards. After all "the best deed comes first." If we do not take care of ourselves we cannot properly care for the family. READ
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posted by Economic Confidential at 1:41 AM
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