₦airaland Forum

BREAKING NEWS

Governor of Imo State announces new wage adjustments.

Minimum wage for civil servants increased to ₦104,000.
Entry-level salary for lecturers set at ₦222,000.

The next batch of gratuity payments will commence tomorrow for the senior citizens

#HopeNewAndElectronicMediaCenter

BREAKING NEWS

Governor Hope Uzodimma increases doctors salary to 582,000 monthly

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#HopeNewAndElectronicMediaCenter

Ikaeniyan0:
Obidients will still complain because it's not Otti

Samakus:
Audio hope is here

Following in the footsteps of the dude we all know

Apcshit:
That money is still very small.

They should be given 500k at least

chisomkachy:
Nigerian President Bola Tinubu’s first supplementary budget includes a fleet of SUVs for himself and his wife, a presidential yacht and the renovation of his villa amid a cost-of-living crisis for some of the poorest people in the world.

The proposal — which seeks additional funding beyond the annual budget approved by Tinubu’s predecessor — comes as the government asks Nigerians to persevere through pain caused in part by a raft of economic reforms ushered in by the new president. Africa’s most populous country faces rampant unemployment, soaring food prices and a plummeting currency.

Federal lawmakers approved the president’s request for extra spending on Thursday, but eliminated the provision of 5 billion naira ($6.01 million) to buy a presidential yacht. Instead, they doubled the allocation to a student loan fund to 10 billion naira, according Abubakar Bichi, chairman of an appropriations committee in the House of Representatives.

The lawmakers approved 1.5 billion-naira proposed to purchase SUVs for the office of First Lady Oluremi Tinubu — an amount larger than that allocated to many individual federal colleges. The supplementary budget also proposes almost 6 billion naira to purchase SUVs for the presidency — more than the amount initially allocated to fund a student loan program for poor families.


https://www.bloomberg.com/news/articles/2023-11-02/nigeria-budgets-for-suvs-and-yachts-amid-economic-hardship

Franklyspeakin:
fg abeg replicate. I'm begining to hate being a lecturer.

anonimi:
500,000 is still too small compared with the total package of representatives in Abuja.

Abi you expect a junior federal lawmaker to add more value to the country than a university lecturer ni?

Franklyspeakin:
fg abeg replicate. I'm begining to hate being a lecturer.

oluayebenz:
This person will finally kill our naira completely.

Why not just find permanent solution to the exchange rate to improve our purchasing power.

Salary increment is never a solution.

Does this people read economy at all?

anonimi:
World Bank offers Nigeria forex rate advice, as Tinubu eyes N200/Dollar rate

April 23, 2023

The President-elect said he would work with the Central Bank of Nigeria (CBN) to *bring down the exchange rate to N200 in his first term.*

“My administration will collaborate with the Central Bank to harmonize the fiscal and monetary policy to achieve immediate stabilization of the value of the naira against the US dollars and other currencies and in the short term, strengthen the naira by boosting the supply of foreign currency and moderating demand.

“The short-term goal is to achieve a naira/dollar rate of 300 naira/US$ and gradually achieve a less than 200 naira rate over the next four years, Tinubu stated.

https://www.ripplesnigeria.com/world-bank-offers-nigeria-forex-rate-advice-as-tinubu-eyes-n200-dollar-rate/?amp

Apcshit:
Let us start with that amount first .

Leave politics alone

anonimi:
“The worst illiterate is the political illiterate, he doesn’t hear, doesn’t speak, nor participates in the political events.

He doesn’t know the cost of life, the price of the bean, of the fish, of the flour, of the rent, of the shoes and of the medicine, all depends on political decisions. The political illiterate is so stupid that he is proud and swells his chest saying that he hates politics.

The slowpoke doesn’t know that, from his political ignorance is born the prostitute, the abandoned child, and the worst thieves of all, the bad politician, corrupted and flunky of the national and multinational companies.”

― Bertolt Brecht

samwash:
Good one! I like this kind of news
Nice one from the supreme court Governor.
It shows that some states can actually pay more MW more than the FG benchmark.
We don't just need audio increment, let it become reality.
Let the workers start receiving it first before I say congratulations.
I nor fit waste my congratulations.

Franklyspeakin:
fg abeg replicate. I'm begining to hate being a lecturer.

Ikaeniyan0:
Obidients will still complain because it's not Otti