cost of living
Oyo State Governor, Seyi Makinde, stood in solidarity with the Nigeria Labour Congress (NLC) during their peaceful protest in the state capital, Ibadan, earlier today. Amidst the gathering, Governor Makinde offered assurances to the protesters, expressing optimism that the current challenges would soon be alleviated. He affirmed, “I am aware of the hardship in town […]
The Indigenous People of Biafra (IPOB) has issued a cautionary statement, prohibiting protests against economic hardship within South-Eastern Nigeria. In a press release by its spokesperson, Emma Powerful, the group emphasized that organizing protests in Biafraland would endanger the Igbo people. According to Powerful, “Biafrans are no longer interested in the affairs of Nigeria… Ndigbo […]
Nigeria’s inflation rate has surged to 29.90% in January 2024, marking a notable increase from the previous month’s 28.92%. This was revealed in the latest report from the National Bureau of Statistics (NBS) on Thursday, February 15, 2024, describing the mounting economic challenges facing the nation. The surge in inflation, driven primarily by food inflation […]
Nigeria faces another wave of economic turmoil as the Bola Ahmed Tinubu-led government unveils plans to eliminate electricity subsidies, intensifying the financial burden on its citizens. The announcement, made by Minister of Power, Adebayo Adelabu, signals a significant policy shift aimed at addressing the nation’s mounting debt crisis and revamping its struggling power sector. Adelabu, […]
The Nigeria Labour Congress (NLC) is considering an audacious proposal for a new minimum wage of up to N1 million for Nigerian workers, citing the relentless surge in inflation and the escalating cost of living under the current administration. Joe Ajaero, President of the NLC, revealed this groundbreaking proposition in an interview with Arise News, […]
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