News
Federal Government Increases NYSC Monthly Allowance to N77,000
The Federal Government has approved an increase in the monthly stipend for members of the National Youth Service Corps (NYSC), raising it to N77,000, effective from July 2024.
This decision follows the enactment of the National Minimum Wage (Amendment) Act 2024.
Caroline Embu, the acting Director of Information and Public Relations for NYSC, confirmed the development in an official statement.
The new allowance is based on a directive from the National Salaries, Incomes, and Wages Commission.
The commission communicated the change in a letter dated September 25, 2024, signed by its chairman, Ekpo Nta.
Prior to this announcement, Brigadier General Y.D. Ahmed, the Director General of NYSC, had advocated for an improved welfare package for corps members.
During a visit to the chairman of the National Salaries, Incomes, and Wages Commission, Ahmed highlighted the need for better financial support for NYSC participants.
He expressed gratitude to the Federal Government for responding positively to this request.
The NYSC leader believes this increase will significantly benefit corps members, providing them with much-needed financial relief and enhancing their motivation to serve the nation more diligently.
He is optimistic that the improved stipend will encourage corps members to take on their responsibilities with renewed enthusiasm.
Before this adjustment, the monthly allowance for NYSC members was N33,000.
The new increment, therefore, marks a substantial improvement and reflects the government’s recognition of the crucial role that these young individuals play in national development.
News
“You Can Still Have Subsidy Without Long Queues” — Rufai Oseni Speaks On Subsidy
TV anchor Rufai Oseni makes headlines as he speaks on fuel subsidy in Nigeria. He shared that Nigeria can have fuel subsidy without the long queues at filling stations.
“When we were still paying subsidies, there were no long queues. We were subsidising. So you can still have a subsidy regime going on, and there will be no long queues because production was close by. Dangote had it. That’s just it. That argument also falls flat.
“The biggest beneficiaries of subsidy are not Nigerians. They are crony capitalists that have big infrastructure, and they do contracts. They have been the biggest beneficiaries of the subsidy,” he said.
News
Sanwo-Olu Speaks on Lagos’ Power Challenges and the Need for Change
Lagos State Governor, Sanwo-Olu, speaks to those in the electricity sector about the usual blackouts in the state.
He speaks on ways things can change in the state and how electricity can be provided.
“We need to drop corporate egos, abandon long-standing excuses, and confront the harsh realities obstructing progress in the power sector.”
“We, state governments, used to give excuses that everything is centralised, so the Federal Government has unbundled it now. What have we done in a year and a half?” Sanwo-Olu asked.
“We take two steps forward, we go five steps backward,” he said.
News
Sanwo-Olu Declares August 20 Public Holiday in Lagos for Isese Festival
Lagos State Governor Babajide Sanwo-Olu has declared Thursday, August 20, a work-free day for public servants in the state to mark the Isese Festival.
Speaking on the celebration, he said “Ìṣẹ̀ṣe is not a relic. It is a living expression of our traditions and a celebration of Yoruba spirituality as an important part of Nigeria’s cultural and religious landscape,” he said.
He added “When the drums sound in Lagos on Thursday, they answer drums in Havana, in Salvador, in Port of Spain. Fifty-five million people and counting. Lagos is not observing a local holiday. Lagos is standing at the centre of a global heritage,” Aregbe said.
