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Tinubu Calls For Evaluation Of Minimum Wage, Revenue

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President Bola Tinubu has suggested that a reevaluation of the national minimum wage is necessary in order to accurately reflect the current realities of the country.

 

He disclosed this On Friday, while hosting a delegation from the Progressive Governors Forum (PGF) at the Presidential Villa in Abuja.

 

He further reiterated that enhancing the well-being of Nigerians remains a primary focus for his administration.

 

He said “We need to do some arithmetic and soul-searching on the minimum wage. We will have to take a look at that together, and the revenue. We must strengthen the source and application of our revenue.”

 

Mr. Tinubu also urged the governors to recognize the significance of being selected among millions of citizens in their respective states and encouraged them to use their positions to bring about positive change in people’s lives.

 

He emphasized the need to streamline the multiple exchange rates, emphasizing that governance is an ongoing process.

 

He went on to praise the All Progressives Congress (APC) for achieving a majority in the National Assembly and some Houses of Assembly, stating that this would facilitate the development of policies directly benefiting the economy and the populace.

 

President Bola Tinubu however, reaffirmed his commitment to maintaining an open-door policy, expressing his willingness to address issues, engage in discussions, and collaboratively find solutions to the various challenges confronting the nation.

 

“This meeting is not strange to me, and the content of the meeting is so valuable. The camaraderie is very stimulating. This is about the Nigerian project, not Bola Tinubu. I have inherited the assets and liabilities of my predecessor.

 

“As progressives and thinkers under the umbrella of the All Progressives Congress (APC), you have a role to play in educating our people and making sure we manage ourselves.

 

“If we work together, the Nigeria of our dreams is not far away. Rest assured that we will not have multiple exchange rates anymore. You asked for this meeting, and I had to set aside time to be here.

 

“We have a political party that we will need to manage, whichever way, we have inherited assets and liabilities, and we cannot complain. It is in our hands, and I am ready to work and listen at any time.” He added

 

Vice President Kashim Shettima, in his remarks, urged the governors to unite in support of the President as he tackles economic obstacles such as the oil subsidy and multiple exchange rates, which have been hindering progress.

 

He said “Let us rally around the president and not bulge. There are vested interests that may want to resist the subsidy removal. Its removal will free resources for the development of your states.”

 

It is worth nothing that Mr. Uzodinma, one of the APC governors, expressed the unwavering support of the party’s governors for the president noting that the initial decisions made by the president demonstrated positive intentions for the economy.

 

He said “We are here today as members of the APC to fraternize with you as our leader, and congratulate you on your election as President, and Commander-in-Chief.

 

“We are using this opportunity to express our support for you at this trying time in our history. We are aware of your capacity and excellent track record.” He added

 

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Dangote Group Slams False Claims on Refinery Financing, ‘Rift’ with Elumelu

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The Dangote Group has dismissed as false and malicious a publication alleging that its President, Aliko Dangote, distanced himself from Tony Elumelu, describing the report as entirely baseless.

This was detailed in a statement issued by its Group Chief Branding and Communications Officer, Anthony Chiejina, the company said neither Dangote nor the Group made the claims attributed to them, stressing that the publication misrepresents both personal and corporate positions.

The Group also rejected assertions that the Dangote Petroleum Refinery was financed through personal borrowing from friends, describing the claims as inaccurate and a deliberate misrepresentation of facts.

“As a matter of principle, Aliko Dangote neither finances his projects through personal borrowing from friends nor engages in lending arrangements of that nature,” the statement said, adding that any such claims must be supported by verifiable evidence.

The Dangote Group further clarified that there is no rift between Dangote and Elumelu, noting that both business leaders maintain a longstanding and cordial relationship.

ALSO READ: Dangote Refinery Recalls Redeployed Engineers

The company also raised concern over a growing pattern of fabricated statements and the unauthorised use of Dangote’s name, likeness and image in AI generated advertisements and other misleading content, warning that such actions pose reputational risks and may constitute fraud.

It cautioned individuals and platforms involved in the creation and dissemination of false information to desist immediately, adding that it would pursue appropriate legal action where necessary to protect its reputation and that of its leadership.

The Dangote Group reaffirmed its commitment to the highest standards of integrity while continuing to drive industrialisation, economic self sufficiency, and sustainable development across Africa.

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NEWS

Fear Grips Oyo Community as Gunmen Kidnap 60-Year-Old Trader

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Panic has spread through Monatan community in Lagelu Local Government Area of Oyo State following the abduction of a 60-year-old building materials trader by suspected armed men.

The incident occurred on Saturday night along the Jinarere axis of Alakia Road in Ibadan when the victim was intercepted by four masked gunmen while returning home at about 8:47 pm.

The attackers reportedly operated in an unregistered ash-coloured Toyota Corolla before forcefully whisking the victim away to an unknown destination.

ALSO READHorror in Kogi: Gunmen Abduct 24 Pupils in Orphanage Raid, 15 Rescued

Confirming the incident, the spokesperson for the state police command, Olayinka Ayanlade, said the matter was reported on May 2, 2026, and that security operatives had already begun rescue efforts.

He stated: “I can confirm that there was a case of abduction reported on May 2, 2026, at about 2047hrs from the Monatan area of Ibadan. Preliminary information reveals that the victim, a 60-year-old male building materials trader, was accosted while returning home along the Jinarere axis of Alakia Road by four masked armed men, who forcefully whisked him away in an unregistered ash-coloured Toyota Corolla vehicle. Upon receipt of the report, police operatives swiftly visited the scene and activated necessary operational measures aimed at rescuing the victim and apprehending the perpetrators.”

Residents of the area have expressed fear over rising insecurity, urging authorities to intensify surveillance and prevent further attacks.

Security agencies assured that efforts are ongoing to rescue the victim and arrest those responsible.

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FG Blasts South Africa Over Attacks on Nigerians, Summons Diplomat

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The Federal Government of Nigeria has strongly condemned the rising wave of attacks on its citizens in South Africa, summoning the country’s top diplomat in Abuja over what it described as persistent xenophobic violence.

The move follows recent incidents in which Nigerians were reportedly targeted, including the killing of one citizen and injuries sustained by others in separate attacks by unidentified gunmen.

The government said the pattern of violence has become alarming and unacceptable.

SEE ALSO: HURIWA Saddened at 131% Surge in Air Peace, United Nigeria Airfares to Southeast

Spokesperson for the Ministry of Foreign Affairs, Kimiebi Imomotimi Ebienfa, confirmed that South Africa’s acting high commissioner has been invited for urgent discussions.

According to him, the meeting will address “documented cases of maltreatment of Nigerian citizens and attacks on their businesses.”

Nigeria’s action comes amid growing continental concern over the safety of foreign nationals in South Africa, where repeated outbreaks of xenophobic violence have been recorded over the years.

Similarly, Ghana recently summoned South Africa’s envoy in Accra following reports of harassment and intimidation of its citizens.

Ghana’s Foreign Minister, Samuel Okudzeto Ablakwa, disclosed that a Ghanaian resident was confronted and asked to leave South Africa in a recent incident, heightening fears among migrants.

South Africa remains one of Africa’s top destinations for migrants due to its relatively advanced economy.

However, high unemployment and economic challenges have often fueled resentment against foreigners, leading to periodic violence.

Reacting to the development, South Africa’s acting police minister, Firoz Cachalia, condemned the attacks, stating that such actions are unlawful and contrary to the country’s constitutional values.

He assured that security agencies have been directed to act decisively against perpetrators, emphasizing that xenophobia, violence, and intimidation will not be tolerated.

The Nigerian government has reiterated its commitment to protecting its citizens abroad, warning that it will continue to engage diplomatically until the safety and rights of Nigerians in South Africa are fully guaranteed.

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