Labour Force
Adeosun clarifies letter to Magu on EFCC recovered funds
![EFCC recovered funds](https://news.ncbn.ng/wp-content/uploads/2018/03/Minister-of-Finance-Kemi-Adeosun-696x365.jpg)
Adeosun clarifies letter to Magu on EFCC recovered funds
Minister of Finance, Mrs. Kemi Adeosun, has reacted to media information regarding EFCC recovered funds, in her letter to the acting Chairman of the Economic and Financial Crimes Commission (EFCC), Mr. Ibrahim Magu.
Adeosun’s Media Adviser, Mr. Oluyinka Akintunde, made the confirmation in a statement in Abuja yesterday clarifying the intent of the memo allegedly misrepresented in the media to mean that she was probing the EFCC boss.
“The attention of the Minister of Finance, Mrs. Kemi Adeosun, has been drawn to media reports misrepresenting her innocuous letter to the Acting Chairman of the Economic and Financial Crimes Commission (EFCC), Mr. Ibrahim Magu, on cash recoveries by the Federal Government.
The minister wishes to state explicitly that the letter, dated February 9, 2018, was a standard letter aimed at improving controls over the recovered funds.
“There is no ulterior motive behind the letter as alleged in some media reports but to enable the reconciliation and harmonization of the figures on recovered funds by the government.
“For the avoidance of doubt, the EFCC has subsequently provided the requested information and reconciliation is ongoing,” the statement said.
ADVERTISEMENT
![](https://news.ncbn.ng/wp-content/uploads/2022/03/NCBN-website-Ad.jpg)
ADVERTISEMENT
Labour Force
Kogi Governor Approves Implementation of N30,000 Minimum Wage for workers
![Kogi Governor Approves Implementation of N30,000 Minimum Wage for workers](https://news.ncbn.ng/wp-content/uploads/2022/02/Kogi-State-Governor-Yahaya-Bello.jpg)
Kogi state governor, Yahaya Bello, has approved the implementation of N30,000 as minimum wage for the workers in the state.
The secretary to the state government, Folashade Ayoade disclosed this on Tuesday after an extensive meeting with the organized labour in Lokoja
She blamed the delay in the implementation on the inability for the committee to meet regularly due to the covid-19 pandemic which has been overcome.
The SSG equally commended the organised labour for their understanding and patience, which she said has resulted into the signing of the implementation of the new minimum wage.
Read Also: FCTA Set to Implement Minimum Wage for FCT Workers
Labour Force
No Petrol Price Hike in June, Says FG
![No Petrol Price Hike in June, Says FG](https://news.ncbn.ng/wp-content/uploads/2021/05/fuel_780px.jpg)
The Federal Government on Friday said it would not increase petrol price in June despite the recommendation by the Nigeria Governors Forum that the cost of the commodity is increased.
A committee set up by the Nigeria Governor’s Forum had on Wednesday recommended a petrol price of between N408.5/litre and N380/litre, and also called for immediate removal of petrol subsidy.
However, in a statement issued and signed by the Minister of State for Petroleum Resources, Chief Timipre Sylva, in Abuja on Friday, the government ruled out the possibility of a hike in petrol price any time soon.
The minister guaranteed Nigerians that the cost of the commodity would remain the same at between N162/litre and N165/litre.
Sylva said, “Once again it has become necessary to assure Nigerians that despite the huge burden of under-recovery, the Federal Government is not in a hurry to increase the price of Premium Motor Spirit (petrol) to reflect current market realities.
“The current price of petrol will be retained in the month of June until the ongoing engagement with organised labour is concluded.”
“This clarification becomes necessary in the light of recent reports regarding the resolution of the Nigeria Governors Forum to increase the pump price of petrol.” He added.
The minister stated that he would like to strongly urge petroleum products marketers, not to engage in any activity that could jeopardise the supply and distribution system in place.
Incase You Missed:
Governors Forum Sues for Accurate Dissemination of Information
COVID-19: NMA Predicts Hike in Cases as a Result of NIN Registration
Labour Force
NIMC Calls for Reduced Public Panic
![SIM CARDS NIMC](https://news.ncbn.ng/wp-content/uploads/2020/12/SIM-CARDS.jpg)
The National Identity Management Commission (NIMC) on Thursday said that there is no cause for panic regarding the two weeks deadline for deactivation of subscribers identity module (sim) cards that are not linked with users’ national identity number (NIN).
The Commission explained that adequate arrangements have been made to capture the data of 200 million Nigerians within the next five years.
Click to Watch Our YouTube Videos
It added that the steps taken so far to ensure that all subscribers have NIN in their sim cards are meant to address the security challenges facing the country.
The Commission also said the telecommunications operators would be involved in the exercise.
The Spokesman of NIMC, Kayode Adegoke said that government has approved licensing of over 200 institutions to carry out “enrolment of Nigerians and legal residents into the national identity database on behalf of the national identity management commission.”
Adegoke said the initiative was aimed at addressing the bottlenecks associated with the capturing of citizens data by NIMC.
He added that the method would increase the enrolment centres from the current 1,000 to 10,000 across the country.
He said the NIMC is desirous of scaling up its assignment to regulatory functions after the completion of the exercise.
Incase You Missed:
Court Rejects EFCCs Appeal to Revoke Bail Granted to Fani-Kayode in Alleged N26M Fraud Trial
NCC: New mobile Internet subscriptions declined to 2.51 million amid Lockdown
India records 77,266 new cases, 1,057 deaths in a day
Importers, others Count Loses As Customs Unseal Bonded Terminal
-
Revenue Streams3 years ago
Communication Ministry Gives Zero Allocation to Nipost Out of N137.2billion Capital Votes
-
Customs Corner2 years ago
Customs Emerges Champions of 2022, Male, Female National Volleyball Super Cup
-
ICT5 years ago
Finally! Huawei Launched Harmony OS | Let the Rivalry Begins with AndrodOS
-
COVID-194 years ago
Vaccine Trials Starts Round The World: All You Need to Know
-
Newsroom4 years ago
NNPC Blames #EndSARS Protests, As Fuel Queues Return
-
Naija News6 years ago
INEC registers 23 new political parties. YES, RAP, UP, 20 other parties
-
Foreign2 years ago
Philippines’ Duterte Blocks Bill to Register Social Media Users
-
Customs Corner4 years ago
Area Controller, Murtala Muhammed International Airport Command Passes On