New minimum wage implementation begins third quarter – FG

New minimum wage implementation begins third quarter – FG: The implementation of the new national minimum wage is set to commence in the third quarter of this year, the federal government (FG) announced on Monday. According to the minister of labour and employment, Chris Ngige, the negotiation committee for the new minimum wage for workers had received memoranda from all stakeholders involved in the process, adding that implementation should begin later this year. (Source: Punch)

FG seeks Chinese bank’s support for infrastructure funding: The minister of finance, Kemi Adeosun, on Monday, met with a delegation from China Development Bank to discuss areas where the lender could be of assistance to the country. The meeting, which was held at the headquarters of the finance ministry, was attended by the Permanent Secretary at the ministry, Mahmoud Dutse, and top officials of the China Development Bank led by its Vice Chairman/President, Zheng Zhijie. (Source: Punch)

NIMASA plans to acquire 100 new cabotage vessels: The Nigeria Maritime Administration and Safety Agency (NIMASA) has unveiled plans to acquire 100 new cabotage vessels in collaboration with the Nigerian Content Development and Monitoring Board (NCDMB). (Source: Guardian)

FG establishes Songhai farm in Cross River: The Federal Government, through the Cross River Basin Development Authority, is to establish a Songhai Model Integrated Farming System in the State and had also promised to do same in Akwa Ibom state two weeks ago. (Source: Guardian)

 

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