73% of workers under contributory pension below 40 years – PenCom

The National Pension Commission has said that 73 percent of contributors under the Contributory Pension Scheme are below 40 years of age.It said in its ‘Age and gender distribution’ report for the fourth quarter of 2021 that this showed that the CPS…

Nigerians’ spending on household consumption rises to N108tn – NBS.

The National Bureau of Statistics has said that Nigerian residents spent N108.47tn on household consumption in 2021 in nominal terms. The figure is higher than the N97.72tn recorded in 2020, showing an increase of 11 per cent amid double-digit inflation. The NBS…

NIMASA vows to reduce marine pollution, improve seafarers’ welfare.

The Nigerian Maritime Administration and Safety Agency has vowed to fight marine pollution in Nigeria to a standstill. The Director General of NIMASA, Dr Bashir Jamoh, who said this recently at an event in Lagos, noted that the agency was committed to…

NASS seeks China’s assistance on railway security, others.

Fourty-seven days after terrorists attacked the Abuja-Kaduna train, the joint National Assembly Committee on Land Transport has begged the Chinese government to help the Nigerian government rescue victims who are still held hostage. The Chairman, Senate Committee on Land and Transport, Abdulfatai…

FG, GSM operators to meet over 40% tariff hike

Telecommunication companies under the aegis of the Association of Licensed Telecoms Operators of Nigeria have said it expects to begin conversations over the state of the telecoms industry with the Federal Government through the Nigerian Communications Commission soon. The Chairman, ALTON, Gbenga…

Nigeria, others’ debts relief request at advanced stage – FG

President General Muhammadu Buhari has said efforts to get debt relief for African countries and Special Drawing Rights of about $650bn, especially with the impact of the COVID-19 pandemic, have reached an advanced stage. Buhari, who was represented by the Vice-President, Prof…

Nigeria’s economy did pretty well under Osinbajo – Media Aide.

The Senior Special Assistant to the President on Media and Publicity, Office of the Vice President, Laolu Akande, says Nigeria’s economy is rebounding due to the preemptive actions taken by the vice president, Yemi Osinbajo when he was the head of the…

Fuel pump price jumps by 91% in six years –Report

The cost of fuel pump increased from N87 per litre as of December 2015 to N165.77 by December 2021, showing an increase of 90.54 per cent. This is according to the Fuel Pump Price Per Litre – Average (PMS) data from the Central…

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