The Federal Government of Nigeria has released funds to settle outstanding salaries owed to members of the Non-Academic Staff Union (NASU) of Federal Universities and to cover benefits for retirees under the Nigerian Union of Pensioners’ Contributory Pension Scheme. A statement on Saturday from Bawa Mokwa, Director of Press and Public Relations at the Office […]
Tag archives: FG
FG Resolves Civil Servants’ Salary Delays, Assures Prompt Payments
The Federal Government has moved to resolve the salary delays affecting federal civil servants in 12 government ministries, departments, and agencies (MDAs), with payments scheduled to resume today. The delay was linked to budgetary constraints following the recent minimum wage adjustment and the unexpected inclusion of the 40% CONPSS Peculiar Allowance, which was not factored […]
FG Announces Dollar Deposit Program with No Penalties or Taxes, Grants Nine-Month Window
The Federal Government of Nigeria has introduced a new policy granting Nigerians a nine-month window to deposit dollar bills held outside the formal banking system without facing penalties, taxes, or scrutiny. Speaking after the National Economic Council (NEC) meeting in Abuja, Finance Minister and Coordinating Minister of the Economy, Wale Edun, outlined the policy as […]