Tag: Council of State
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NAIRA SWAP CRISIS: President Buhari to address Nigerians
President Muhammadu Buhari will make a national broadcast on Thursday, February 16, 2023 at 7am. This was disclosed by a statement issued by the Special Adviser to the President (Media & Publicity), Femi Adesina, late Wednesday night. He said Television, radio stations and other electronic media outlets are enjoined to hook up to the network…
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Council of State gives CBN two options to address Naira scarcity
The Council of State has presented two options to the Central Bank of Nigeria (CBN) with which to address the current shortage of Naira notes in the country.
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CBN accepts culpability for chaos arising from Naira redesign
The Central Bank of Nigeria (CBN) has accepted culpability for the chaos arising from the redesign of the N200, N500 and N1000 banknotes and the resultant suffering Nigerians are faced with.
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Council Of State faults CBN’s implementation of redesigned naira notes
The Council of State has approved the naira redesign policy of the Central Bank of Nigeria (CBN) but faulted its implementation, stressing the need for more redesigned naira notes to be printed. They urged President Muhammadu Buhari to direct the CBN to allow the new and old banknotes to circulate concurrently to ease the tension…
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President Buhari precides over Council of State meeting
The ongoing Council of State meeting is the fourth session under the Buhari administration
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Reps back Council of State, approves N30,000 Minimum Wage for Federal Workers
The House of Representative has on Thursday debated and approved the new minimum wage of N30,000 as provided for in the New Minimum Wage Bill 2019 sent to the National Assembly by President Muhammadu Buhari. This followed the heated debate on the proposed legislation by President Buhari which was sent to the lawmakers and was…
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Council of State approves N27,000 minimum wage for states
…Approves N30,000 for federal workers This amount is for the least paid workers in the states and the private sector. However, Federal Government workers will take home N30,000 as their minimum wage. The Council arrived at this decision at its meeting in Abuja on Tuesday. The Minister of Labour, Dr Chris Ngige, has just confirmed…
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Just in: IBB, Jonathan absent at Buhari’s Council of State meeting
President Muhammadu Buhari is, at present, presiding over a meeting of the Council of State. Former leaders absent are Ibrahim Badamasi Babamgida, Goodluck Jonathan, Shehu Shagari and Earnest Shomekan are absent. Although, all living past Presidents and Heads of Government are members of the Council, former President Goodluck Jonathan, former President Shehu Shagari and former…
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IPOB: Jonathan reacts, tells Buhari to ‘summon Council of State meeting’
Former President Goodluck Jonathan on Friday advised President Muhammadu Buhari to summon Council of State meeting over the recurring crisis in the South East. Jonathan, while condemning alleged killings of Biafra agitators by Nigerian soldiers, equally said “the desecration and destruction of religious places of worship or a police station” in protest cannot be justified.…