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Newspaper Headlines: FG to spend N3trn on new minimum wage, pension

byAyomikunle Daramola
July 20, 2024 7:00 am

The national dailies report that states are in a dilemma over the payment of N70,000 as the new minimum wage.

The Nation reports President Bola Tinubu as saying that Nigeria can no longer rely on outdated economic belief systems and strategies. The newspaper reports that the Kano government has approved the release of over N29 billion for various capital projects to improve social and physical development in the state.
Punch reports that Atiku Bagudu, minister of budget and economic planning, says the federal government will spend N3 trillion on the new minimum wage and payment of pensions and gratuities. The newspaper says US President Joe Biden has pledged to stay in the White House race amid speculation he could bow out.
Guardian details how barriers to accessing free treatment and stigmatisation impede the quest to end HIV/AIDS in Nigeria by 2030. The newspaper says Uba Sani, governor of Kaduna, said in less than a year, the state attracted over $650 million in investments.
Independent reports that the Coalition of Northern Groups (CNG) said a revolution looms in Nigeria unless the president takes proactive measures to address economic challenges. The newspaper says the National Drug Law En­forcement Agency (NDLEA) intercepted seven containers bearing 1,229,400 bottles of opioids worth over N9 billion at the Onne port.

 

Daily Trust unravels the link between gold mining and banditry in the northern region of Nigeria. The newspaper reports that the Akwa Ibom government has defended its decision to construct Ibom Towers, an 18-floor apartment building, in Lagos.

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