The Nigerian Bureau of Statistics is expected to release the capital importation report for the first quarter of this year.Nigeria’s domestic and foreign debt and foreign trade for Q1 of 2024.The Nigeria Union of Petroleum and Natural Gas Workers hasits members to comply with the directive of the labour unions to begin an indefinite nationwide strike on June 3.
On May 31, the Nigeria Labour Congress and Trade Union Congress of Nigeria declared an indefinite nationwide strike to begin on June 3, over the federal government’s refusal to increase the minimum wage from N60,000.Meanwhile, Wale Edun, the minister of finance and coordinating minister of the economy, says the minimum wageEdun said the labour union has to consider the affordability of the proposed minimum wage for states and local governments as well as the private sector.
The tax expert expressed concern over the import duty rate which constantly changes due to the volatility of the foreign exchange market.HUGGIES TO EXIT NIGERIA AFTER 14 YEARSKimberly-Clark , the makers of Huggies, on May 31, announced plans to halt local manufacturing and sales activities in Nigeria.