Nigerian News Summaries

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The Punch Dec 17, 2024

Nigerias Economy Shows Signs of Resilience Despite Ongoing Cost of Living Crisis

Nigerian states must pay minimum wage with arrears following a prolonged economic downturn that has exacerbated the country's cost of living crisis. Inflation stands at 34.6% as of November, highlighting the severity of the situation.

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The Punch Dec 17, 2024

NEMA Rescues 49 Survivors, Recovers 3 Bodies After Benue Boat Crash

The National Emergency Management Agency (NEMA) has rescued 49 survivors from a boat crash on River Benue, while three dead bodies have been recovered so far.

The Punch Dec 17, 2024

FEC Approves Final Adjustments to 2025 Budget Proposal Presented by President Tinubu.

The Federal Government has approved the 2025 budget proposal, following Senate endorsement of the Medium-Term Expenditure Framework in November. President Bola Tinubu is set to present final adjustments on Wednesday.

The Punch Dec 17, 2024

Forum Urges Senators to Withdraw Tax Reform Bill Amid Concerns and Criticism

The Bauchi State Togetherness and Development Forum has urged senators to withdraw the tax reform bill from the national assembly. The forum's chairman, Abdullahi Koli, expressed his opposition to the bill.