Macron Names Mayor Edouard New France’s PM

Hamilton Nwosa
Writer

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FG promises action as World Bank flags excessive revenue retention by FIRS, NCS, NUPRC, others

By Obinna Uballa The federal government has said there's already a plan to curb the issue of excessive revenue retention by federal agencies. This is as the World Bank raised concerns over what it describes as the disproportionately high share of revenue retained by Nigeria’s major revenue-generating agencies compared to similar institutions across Africa. In…

What Will They Eat When They Finish The Money? By Azu Ishiekwene

The grave is never satisfied, but other things compete with it for insatiability. I can’t help feeling that some members of Nigeria’s National Assembly will vie for the top place of never enough with the grave, water and fire. Enough is a stranger to them. What happens in these chambers in Abuja, in the name…

Minimum Wages in 50 U.S. States & 35 Countries, Adjusted for Living Costs

Key Takeaways After adjusting for inflation and price differences, statutory minimum wages in leading high-income economies—including Germany, Australia, and France—are higher than all 50 U.S. states. Under the same metrics D.C., Connecticut, Washington, and Arizona have the highest statutory minimum wages in the U.S. U.S. states following the federal minimum wage (which hasn’t moved since 2008), cluster at…

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President Emmanuel Macron has chosen centre-right mayor Edouard Philippe as France’s new prime minister.

Mr Philippe, 46, is not from the president’s new centrist party but from the centre-right Republicans.

The choice is seen as an attempt to draw in key figures from both the right and left of French politics.

The announcement forms part of a busy first day for the president – he travels to Germany shortly to meet Chancellor Angela Merkel.

The naming of a new prime minister, Mr Macron’s first big appointment, came after hours of fevered speculation in France.

Already tipped as favourite for the job, Edouard Philippe, mayor of the northern port city of Le Havre, has long been close to Alain Juppé, who was runner-up in the race for the Republican presidential nomination in November 2016.

President Macron faces crucial parliamentary elections next month and may need the support of the centre right to push through his planned economic reforms.

Mr Macron, a 39-year-old former investment banker and economy minister, was inaugurated on Sunday in a ceremony at the Elysée Palace.

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Unlocking Opportunities in the Gulf of Guinea during UNGA80
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