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NEC Considers N702bn Allowance For Workers To Mitigate Subsidy

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Subsidy: Mixed Reactions From Stakeholders In Osun

 

The National Economic Council (NEC) is considering recommendations from the National Salaries Income and Wages Commission (NSIWC) for the payment of N702 billion to civil servants as part of intervention plans to mitigate the effects of the discontinuance of petroleum subsidy as announced on May 29, 2023.

 

Governor, Bauchi State, Bala Mohammed, shared this information with the media at the State House correspondents shortly after the inaugural NEC meeting at the Aso Rock Presidential Villa on Thursday.

 

According to Mohammed the sum would be packaged as cost of living allowance, while the intervention would also include a recommended sum ranging from N23.5bn to N45bn per month as a petroleum allowance for civil servants.

 

Thursday’s announcement came barely two weeks after President Bola Tinubu directed the governors to concretise various palliative structures to ease the attendant hardship from the removal of subsidy on Premium Motor Spirit (PMS) also known as petrol.

 

He said, “The NEC had received recommendations on the various ways and means that the country can use whatever increases that we have in the revenue to mitigate the impact that this is going to make on the lives of our workers.

 

“And so they recommended that there should be a consequential adjustment, estimated at N702.92bn as part of the allowances that should be given as petroleum allowance to all workers and as well as a N23bn or N25bn monthly offer to cushion the effect on workers.”

 

He added that the NEC equally received other suggestions to review salaries and wages.

 

“In addition to the palliative, the government looked at all the issues, challenges and problems holistically and set up a small committee of the council to review and come up with a term of reference to organise areas specifically where this palliative can come from and how it will be dispensed to alleviate the problem of workers and other vulnerable groups,” Mohammed explained.

 

The committee is chaired by the Governor of Kebbi State, Nasir Idris, while Governor, Anambra State, Chukwuma Soludo, representing the South-East geopolitical zone; Governor, Benue State, Hycinth Alia, (North-Central); Governor, Kaduna State, Uba Sani, (North-West); Governor, Cross River State, Bassey Otu, (South-South); Governor, Oyo State, Seyi Makinde, (South-West); and Governor, Bauchi State, Bala Mohammed, (North-East), are members.

 

Other relevant agencies in the committee are the Budget Office, representatives of the Central Bank of Nigeria, Office of the Attorney-General of the Federation, Nigerian National Petroleum Company Limited, Trade Union Congress of Nigeria and the Nigeria Labour Congress and Rukayat El-Rufai.

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TCN Completes Relocation Of 8 Towers, Ends Power Rationing In Abuja

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Breaking: Electricity workers suspend strike for two weeks

The Transmission Company of Nigeria (TCN) has announced the successful relocation of eight 132kV and 33kV transmission towers along the Kukwaba/Apo 132kV transmission line, bringing relief to residents of the Federal Capital Territory (FCT).

This development, completed three days past the scheduled deadline, has also restored full bulk power to the 132/33kV Apo Transmission Substation, enabling the resumption of normal power distribution in the area.

In a statement signed by Ndidi Mbah, TCN’s General Manager of Public Affairs, the company explained that the relocation became necessary due to the Federal Capital Development Authority’s (FCDA) road dualization project along the Southern Expressway.

READ MORE: Ifon-Ilobu-Erin Osun Land Disputes: Osun Constitutes A 100-Member Boundary Resolution Committee

The relocation work began on January 6, 2025, and involved dismantling and reconstructing the affected towers, as well as restringing power cables to ensure uninterrupted power flow.

To facilitate this, a planned power outage was implemented from January 6 to January 20, 2025, between 9 a.m. and 4 p.m. daily.

“The Transmission Company of Nigeria is pleased to announce the restoration of full bulk power to its 132/33kV Apo Transmission Substation, effective Thursday, January 23, 2025,” the statement read.

“This restoration follows the successful relocation of eight 132kV and 33kV towers along the Kukwaba/Apo 132kV line (Southern Expressway route), necessitated by the Federal Capital Development Agency’s road dualization project along the Apo axis.”

TCN thanked residents and electricity consumers for their patience during the period of power rationing, noting that Abuja Electricity Distribution Company (AEDC) can now resume normal electricity supply to customers in the affected areas.

 

 

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Davido Is Richer Than His Billionaire Father – Ibrahim Chatta Claims

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Renowned Nollywood actor, Ibrahim Chatta, has sparked conversation by claiming that award-winning singer Davido is richer and more influential than his billionaire father, Dr. Adedeji Adeleke.

Chatta made this statement while addressing the importance of respecting individuals in positions of authority, regardless of their age. He argued that accomplishments, not age, determine who an elder is. Using historical references, Chatta cited Alexander the Great, who achieved incredible feats before his death at 33, as an example of youthful greatness.

“God purposely placed some certain people in some positions, but you guys are looking at their age. It’s not about the age; any younger person that possesses things that belong to elders, is an elder,” Chatta said.

The actor emphasized that Davido’s wealth and influence surpass those of his father, despite Dr. Adeleke’s established status as a billionaire. Chatta highlighted the global recognition and adoration Davido commands, describing the singer as someone who garners immense loyalty and admiration.

“I was just looking at the numbers of people surrounding Davido the day I sat with him, I was just seeing how people were ready to be killed just to get to him. He is an elder. Davido’s father is a billionaire that has been doing big things before the singer’s arrival. His father is rich but not as Davido. If his dad is passing by, you might not recognise him, but if Davido passes here, a stampede will happen.”

Chatta’s remarks have stirred reactions across social media, with many debating whether fame and influence should outweigh wealth in defining success.

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Rita Edochie Praises Donald Trump, Calls Him ‘Angel’

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Breaking News: FBI raids Donald Trump's home in Florida

Veteran Nollywood actress, Rita Edochie, has expressed her admiration for Donald Trump, claiming that the entire world wishes for a leader like him.

The actress made this statement while celebrating Trump’s inauguration as the 47th President of the United States on January 20, 2025.

In a lengthy Instagram post, Edochie shared her unwavering support for Trump, despite facing criticism for her stance. She revealed that she is often referred to as “Mama Trump” by detractors but remains unfazed by their remarks.

READ MORE: Trump Dismisses Four Biden-Appointed Officials, Signals More Shake-ups

“January 20, 2025, marks a historic milestone as Trump takes oath of office as the 47th President of the United States. As you begin your new term, I wish you immense wisdom to tackle the challenges facing our nation,” Edochie wrote.

Describing Trump as an angel, she added, “After all, the entire universe wishes they had an Angel like Donald Trump to be their president.”

The actress also expressed her desire to see a leader in Nigeria who embodies Trump’s qualities, stating, “I do wish a man in the likeness of Trump be sworn into the Nigerian Executive Offices one day.”

Edochie’s comments have sparked discussions online, with many applauding her loyalty while others remain critical of her views.

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