03.05.2026

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NAFDAC Explains Sachet Alcohol Ban, Clarifies Scope and Timeline

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The National Agency for Food and Drug Administration and Control has clarified the rationale, scope and timeline of the sachet alcohol ban, amid widespread public confusion. The regulator stressed that the policy is driven by public health concerns and is being implemented in phases, with engagement ongoing to balance health priorities and economic realities....

National Grid Collapses Again, Second Time in Four Days

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Nigeria’s national electricity grid has collapsed again, marking the second system failure in four days and renewing concerns over the fragility of the country’s power infrastructure. The incident triggered widespread outages across several states, raising questions about grid stability, operational resilience, and the pace of long-promised reforms in the electricity sector....

NULGE FCT Joins JUAC, Begins Indefinite Strike

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The Nigeria Union of Local Government Employees in the Federal Capital Territory has joined the Joint Union Action Committee in an indefinite strike, escalating labour unrest within the FCT. The unions say the action follows unresolved disputes over workers’ welfare, outstanding entitlements and compliance with agreements, raising concerns over service delivery across local government councils....

Soludo Shuts Onitsha Main Market Over IPOB Sit-at-Home Defiance

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Anambra State Governor Chukwuma Soludo has ordered the closure of Onitsha Main Market following alleged defiance of the proscribed IPOB’s sit-at-home directive by traders. The state government says the decision is aimed at restoring order, enforcing the rule of law and preventing economic sabotage, amid rising security concerns and disruptions to commercial activity in the state....

Workers React to New Tax Laws as Take-Home Pay Changes

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Nigerian workers have expressed mixed reactions to the new tax laws as changes to PAYE deductions alter take-home pay across income bands. While some employees report slight increases in net earnings, others say the gains are marginal and insufficient to offset rising living costs, highlighting uneven outcomes in early implementation of the reforms....

Rewane Projects Inflation Averaging 16% in 2026

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Chief Executive Officer of Financial Derivatives Company, Bismarck Rewane, has projected that inflation averaging 16% will define Nigeria’s economic outlook in 2026. He attributes the forecast to base-year effects from the new CPI methodology, exchange rate pressures and debt servicing costs, urging businesses to prioritise strategic liquidity and risk management amid lingering macroeconomic uncertainty....

Police Extend Recruitment Deadline Over Low Lagos Applications

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The Police Service Commission and the Nigeria Police Force have extended the police recruitment deadline by two weeks following low application numbers from Lagos and several other states. Authorities say the extension aims to ensure equitable national representation in the recruitment of 50,000 constables ordered to strengthen internal security across the country....

Oyedele Says PAYE Cuts Are Raising Workers’ Take-Home Pay Under New Tax Laws

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Chairman of the Presidential Fiscal Policy and Tax Reforms Committee, Taiwo Oyedele, says PAYE cuts are already increasing workers’ take-home pay under Nigeria’s new tax laws. While acknowledging mixed feedback from employees, he insists early salary data confirms reduced deductions and higher net income for most workers, adding that further engagement with employers is underway to address implementation gaps...

Workers Say Tax Reform Salary Gains Are Marginal Despite PAYE Cuts

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Many Nigerian workers say recent tax reforms have delivered only marginal increases in take-home pay, raising concerns about the real impact of PAYE reductions amid persistent inflation. While government officials insist the reforms ease workers’ burden, employees across sectors report that rising living costs continue to erode the modest gains reflected in their January 2026 salaries....

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