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Minimum Wage: Sanwo-Olu Increases Pension By 33%

Lagos State Governor, Babajide Sanwo-Olu has approved an increase of 33 per cent adjustments in the pensions of retirees under the Defined Pension Scheme (DBS) arising from the implementation of the New Minimum Wage Act. The governor has also announced plans to repeal the former governors’ pension law while presenting …

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Timipre Sylva: Petrol Subsidy Will Soon Be Removed

•Labour warns against plan •LCCI: we need innovative policy on petroleum Subsidy on petrol will soon be withdrawn, Minister of State for Petroleum Timipre Sylva, said yesterday. The minister told reporters there is no going back on the decision because the government can no longer afford it. Sylva explained that …

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