The Senate on Tuesday, 23 July, 2024 at plenary session, passed the 2024 National Minimum Wage Amendment Act Bill. This, followed presentation and adoption of a report on the bill,by leader of the Senate Sen.Opeyemi Bamidele (APC-Ekiti). The bill, which was transmitted to Senate by President Bola Tinubu on 23 July, 2024, was given accelerated consideration, resulting into its first and second reading in line with Senate rule 80. Bamidele in his lead debate on the general principles of the bill said the bill sought to amend the national minimum wage act, 2019. Bamidele urged lawmakers to support the quick…
Author: The Gazelle News
World record holder Tobi Amusan has been selected as the country’s flagbearer for the opening ceremony of the Paris 2024 Olympic Games. This appointment marks a historic moment for Nigerian athletics, as Amusan becomes the first track and field athlete in two decades to receive this honour. A tweet by Making of Champions on social media platform X on Tuesday, 23 July, 2024 said, “Tobi Amusan has been named as Nigeria’s flagbearer for the opening ceremony of #Paris2024 #Olympics – she becomes the first athlete from Athletics in 20yrs, since Mary Onyali at the Athens 2004 Games, to have such…
The House of Representatives Minority Caucus has called for the release of the detained leader of the Indigenous People of Biafra, Mr Nnamdi Kanu. In a meeting held in Abuja, over 180 lawmakers elected on the platform of minority political parties made the call following the adoption of a motion moved at the special meeting of the caucus on the night of Monday, 22 July, 2024 by Mr Obi Aguocha. In a statement issued on Tuesday, 23 July, 2024, the lawmaker who represents Ikwuano/Umuahia North/ Umuahia South Federal Constituency, Abia State urged his colleagues to take a definitive position on…
The National Assembly on Tuesday, 23 July, 2024 passed the Police Act Amendment Bill to enable a person appointed to the office of Inspector General of Police (IGP) to remain in office until the end of the term stipulated in the letter of appointment. President Bola Tinubu forwarded the Bill to the House of Representatives and Senate on Tuesday, 23 July, 2024, to amend the tenure of the IGP. The Bill for an Act to amend the Nigeria Police Act 2020 sought to guarantee the tenure of the IGP and revolutionise police operations by enhancing accountability, modernising policing methods and…
By Femi Ogbonnikan Relief is underway for five additional communities in Ogun State that have suffered road neglect under successive administrations. Ogun State Governor, Prince Dapo Abiodun recently rekindled the hope of the distrust residents of the affected areas following his round tour of the state for an on-the-spot assessment of some abandoned road projects that had become an eyesore. Seeing the plight of the people under the state disrepair while on a visit to the site, he was practically livid with anger at the attitude of contractors who took the government’s money and disappeared into thin air, leaving the…
The Senate, Wednesday, 17 July, 2024, considered the amendment of the 2023 Finance Act aimed at taxing foreign exchange proceeds realised by banks nationwide in their financial statements for the purpose of funding strategic national projects. The upper chamber equally entertained another bill, which sought to amend the Appropriation Act, 2024 with a view to increasing the public expenditures from ₦28.7 trillion to ₦34.9 trillion, thus accounting for a 21.6% upsurge. The Leader of the Senate, Senator Opeyemi Bamidele moved the bills at the plenary on Wednesday with most senators supporting the bills in the light of the country’s socio-economic…
For the 15th consecutive year, Zenith Bank Plc has retained its position as the Number One Bank in Nigeria by Tier-1 Capital in the 2024 Top 1000 World Banks’ Rankings, published by The Banker Magazine. This ranking places Zenith Bank Plc as the 565th Bank globally with a Tier-1 Capital of $2.01 billion. The rankings, published in the July 2024 edition of the Banker Magazine of the Financial Times Group, United Kingdom, recognise Zenith Bank’s continued financial strength and stability. They are based on the 2023 year-end Tier-1 capital of banks globally and remain the primary source for global bank…
By Dave Agboola The Dangote Refinery has been a topic of discussion in recent times, with many naysayers trying to sabotage the project. It’s no secret that some individuals and groups are not happy about the emergence of a local refinery that will challenge their decades-long exploitation of Nigeria. The recent controversy surrounding the refinery’s diesel production is a clear example of this sabotage. Despite the refinery’s efforts to produce high-quality diesel that meets international standards, some individuals and groups have been spreading false information to discredit the project. Oh joy, let me just contain my excitement about defending a…
By Simbo Olorunfemi “I don’t know any other way to live but to wake up every day armed with my convictions, not yielding them to the threat of danger and to the power and force of people who might despise me.” – Professor Wole Soyinka Here we are in Rabat, headquarters of Académie Royale du Maroc, at the “Africa celebrates Prof Wole Soyinka” roundtable organised by the Academy, in collaboration with the Pan African Writers Association (PAWA), to honour Professor Wole Soyinka, the first African to be awarded the Nobel Prize for Literature, on the occasion of his 90th Birthday. …
The Senior Special Assistant to the President on Sustainable Development Goals (SSAP-SDGs), Princess Adejoke Orelope-Adefulire has described former Lagos State Chairman of the All Progressives Congress (APC), Chief Henry Oladele Ajomale as a man of honour and a committed progressive, reports thegazellenews.com The Presidential Aide also described Chief Ajomale as not only a loyal party man but also an avowed supporter of the President, Asiwaju Bola Ahmed Tinubu. Princess Orelope-Adefulire made this disclosure on Sunday, 21 July, 2024 via a press statement to celebrate the 79th birthday of the former Chairman of the party in Lagos State. “I salute your…