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Begin Food Importation To Curb Hardship- TUC

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The Trade Union Congress of Nigeria has asked the Federal Government of Nigeria to begin the importation of food in two weeks to mitigate the soaring prices of food across the country.

This was disclosed by the President, TUC, Festus Osifo, during a press conference on the economic hardship ravaging the country on Monday in Abuja.

Since the removal of fuel subsidy by President Bola Tinubu on May 29 Inauguration Day, the cost of living has risen and inflation figures have been pushed to new highs in Nigeria.

Speaking barely 24 hours before the two-day nationwide protest of the NLC, Osifo stressed that Nigerians have never witnessed this level of hardship before even during military regimes, adding that the problems are not unconnected to the government’s poor patronage of locally made products and services, and lack of capable hands at the helm of affairs.

NLC Disagrees TUC On Nationwide Protest Call

TUC had earlier backed out of the planned two-day nationwide protest declared by the Nigeria Labour Congress over the high cost of living, inflation, insecurity, and hardship in the country.

The Vice-President of the TUC, Tommy Etim on Wednesday said the decision to protest on February 27 and 28 as announced by the NLC was not taken collectively by both unions.

The TUC in a letter dated February 19, 2024, written by its Secretary General, Dr Nuhu Toro, said the NLC unilaterally took the decision on the planned protest.

Meanwhile, Osifo said, “Nigerians must live to see tomorrow before we can understand how beautiful a government policy is. The national pride of striving to achieve food sufficiency locally should be temporarily relaxed. Governments at all levels should immediately purchase sufficient quantities of food items from different parts of the world and share them with vulnerable Nigerians.

“Importing food abroad at this point will assist to reduce the hyper-inflation of food in the country. FG should allow importation of food items for Nigerians consumption within the next two weeks,” he added.

The TUC president advised Tinubu to as a matter of urgency strengthen the economic management team of his administration and also look beyond party or tribal lines to headhunt the best Nigerians throughout the world who could sit down and develop homegrown solutions to the hardship menace.

He further called for the passage and implementation of a new minimum wage law that reflects the current economic realities.

“The Federal Government’s economic team should work towards a more realistic rate of the naira to dollar, which they pegged between N500 and N800 to the dollar.

“There should also be a clamp down on currency speculators, especially those online, who have made remittances from abroad drop.”

The TUC leadership, however, called for the rolling out of petroleum products by the Port Harcourt Refinery by the end of Q1 2024 to reduce the high cost of Petroleum Motor Spirit nationwide.

Prioritise National Devt Over Strike, NANS Tells NLC

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The National Association of Nigeria Students has urged the Nigeria Labour Congress to shelve its planned strike and focus on prioritising national development.

It appealed to the NLC to shun the path of strike action and explore alternative avenues to resolve disputes with the Federal Government.

The NLC President, Joe Ajaero, had insisted in a statement on Sunday that a protest would be held on Tuesday and Wednesday as planned over the current economic hardship in the country.

NLC Protest Faces Warning From Attorney-General

On February 16, the NLC announced the nationwide protest scheduled for Tuesday and Wednesday over the alleged government’s failure to implement agreements reached between both parties on October 2, 2023, following the removal of the fuel subsidy.

The decision followed the conclusion of a 14-day ultimatum issued to the Federal Government to implement measures against economic hardship.

But the NANS Senate President, Akinteye Babatunde in an address on Monday while acknowledging the legitimate grievances of the workers and the need for improved working conditions, expressed concerns about the potential repercussions of the protest on academic activities and the overall welfare of citizens.

“We are appealing to the NLC to reconsider their decision and prioritise collaboration with the government for the greater good of the nation.

“We believe that dialogue and constructive engagement are essential for addressing grievances and achieving meaningful progress in improving the welfare of workers and citizens alike.

“The looming threat of a strike poses a significant risk of further exacerbating the economic challenges facing the nation and disrupting the lives of ordinary citizens, including students,” he said.

NANS stated that the impact of the strike action on academic activities would be devastating, particularly for students, who are already grappling with various challenges within the educational system, adding that “disruptions to academic calendars, examinations, and other educational activities could derail the progress of students and exacerbate the already precarious situation in the education sector.”

Babatunde added that the apex student body was ready to support the NLC in its advocacy efforts in dialogue with the government to address challenges facing its workers.

“We appeal to the NLC to prioritise the national interest above all else and seek common ground with the government to ensure the well-being and prosperity of all Nigerians.

Table Tennis: Nigeria, Egypt, Others Shift Focus To 13th African Games

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ITTF World Team Table Tennis Championships Finals Busan 2024

After a not-too-impressive outing at the just concluded ITTF World Team Table Tennis Championships (WTTTC), African table tennis heavyweights – Nigeria and Egypt as well as other continental contenders have now shifted focus to the forthcoming African Games taking place in Ghana.

For the 13th African Games, table tennis is one of the sports that will kick-start the games before the official opening on March 8 as the likes of Omar Assar of Egypt and Quadri Aruna of Nigeria are expected to begin their hunt for medals in the singles event. Seven titles will be at stake in Ghana in the table tennis event as Egypt who claimed most of the medals at the 2019 edition in Morocco will be hoping to dominate again in Ghana.

According to the African Table Tennis Federation (ATTF), the event will commence with singles, followed by team and doubles events as most of the continent’s top players will be heading to the WTT Singapore Smash from March 8 to 17.

A source said that this becomes necessary to allow the players to garner points for their eventual qualification to the Paris 2024 Olympic Games in France.

Meanwhile, WTT have confirmed Aruna and Egypt’s quartet of Assar, Ahmed Saleh, Dina Meshref and Hana Goda among the top players that will start their campaigns from the main draws on March 10.

Players that will kickstart their campaigns from the qualifying round include Egypt’s duo of Mariam Alhodaby and Yousra Helmy; Cameroon’s Sarah Hanffou, Nigeria’s Fatimo Bello and Algeria’s Lynda Loghraibi in the women’s singles.

In the men’s singles, Egypt’s Mohamed El-Beiali, Senegal’s Ibrahima Diaw, Algeria’s Mehdi Bouloussa and Nigeria’s duo of Taiwo Mati and Olajide Omotayo will also begin their quest for glory from the qualifying round of the $1.5m prize money tournament.

The OCBC Arena Singapore will host Singapore Smash 2024 as the Lion City is set to host a star-studded ensemble of the world’s finest paddlers at Singapore Sports Hub, promising an exhilarating experience for fans locally and around the world.

For 2024, the spotlight will be on 2023 champions China’s Fan Zhendong and Sun Yingsha, both on a mission to defend their respective Men’s and Women’s Singles titles. Fan, boasting an impeccable singles record at the event, is aiming for a Singapore Smash three-peat.

His quest faces stiff competition from World No.2 Wang Chuqin, the reigning WTT Finals Men’s champion, and the legendary Ma Long, determined to secure his first Singapore Smash title after consecutive runner-up finishes.

The qualifying round takes place over March 7 to 9, leading into the main draw starting on Sunday, March 10.

Cricket: Nigeria Off To Flying Start In NFC Tourney

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Nigeria senior women’s cricket team, the Female Yellow Greens, began their title defence of the Nigeria Cricket Federation Women T20i invitational tournament with an emphatic 54 runs win over Sierra Leone in their first game of the tournament at the Tafawa Balewa Square Oval in Lagos on Sunday

Captain Blessing Etim won the toss for Nigeria and elected to bat first, and their visitors were unable to withstand their firepower in the first innings.

The Female Yellow Greens batting saw them coast to 137 runs for the loss of two wickets in 20 overs, leaving their opponents with a mountain to climb in the second innings. Favour Eseigbe contributed 44 runs from 48 balls, while Peculiar Agboya and Esther Sandy left 33 and 30 balls apiece in the inning.

Sierra Leone could only put 83 runs on the board during their batting, dropping eight wickets in 20 overs.

Earlier in the first game, new entrants and the highest ranked team at the tournament, Tanzania fell to a shock 33 runs defeat on their debut at the tournament against former champions Rwanda.

Like Nigeria, Rwanda also won the toss and elected to bat first, posting 119 runs for the loss of four wickets in 20 overs while Tanzania could only manage 86 runs all out in 16.4 overs.

Actions continue Monday (today), with Nigeria taking on Tanzania in the first game of the day before Rwanda and Sierra Leone clash at the same venue.

The four-nation tournament will be played till March 4 in a round-robin format and the team with the highest point will go home with the title.

President of the NCF, Uyi Akpata, said that the event was part of the numerous avenues that the federation had designed to promote the game, and it was pleasing to see rising international interest around the tournament.

“The Nigeria Cricket Federation Women T20 Invitational Tournament has been on the rise, and the quality of games has helped Nigeria gain prominence as we now rank 29th in the world, down from the 38th that we occupied as recently as 2021,” Akpata said.

“Nigeria has practically ridden on the performances and exposures that events like this have provided to become a force in Female Cricket on the continent.”

Liverpool Defeat Chelsea To Clinch 10th EFL Cup Title

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Despite fielding an under-strength side, Liverpool managed to clinch victory over Chelsea in extra time, securing the EFL Cup title in a dramatic showdown at Wembley Stadium.

In a match which saw Jurgen Klopp start without key players, Liverpool overcame the absence of players such as Mohamed Salah, Dominik Szoboszlai, Darwin Nunez and others due to injuries.

Instead, the team relied on the impressive performances of young talents like Connor Bradley, Jarrel Quansah, Bobby Clark, Jayden Danns, and James McConnell, who rose to the occasion and demonstrated the depth of talent within the squad.

The game unfolded as a rollercoaster of emotions, with significant chances, contentious calls, and a display of unwavering determination from both sides.

Early on, Liverpool’s goalkeeper Caoimhín Kelleher made a crucial save to deny Chelsea’s Cole Palmer, setting the tone for a fiercely contested match.

Liverpool faced further adversity when Ryan Gravenberch sustained an injury, leading to an early substitution with Joe Gomez entering the fray.

Controversy ensued as Raheem Sterling’s goal for Chelsea was disallowed for offside, sparking debates among fans and pundits. Liverpool also had their share of frustration when a goal from Virgil van Dijk was ruled out for offside following a VAR review, leaving the scoreline deadlocked at the end of regular time.

As the match entered extra time, Liverpool’s young players displayed composure and maturity, taking control of the game and creating scoring opportunities.

With penalties looming, Liverpool’s captain, Virgil van Dijk, delivered a decisive blow by heading home the winning goal from a corner in the 118th minute, sealing a memorable victory 1-0 victory for the Reds.

Rivers United Boost Confederation Cup Hopes With Away Victory Against APC Lobito

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Rivers United FC of Nigeria boosted their hopes of reaching the CAF Confederation Cup knockout round with a 2-3 away victory agaianst Angola’s APC Lobito on Sunday, February 25, 2024.

In a thrilling match on Sunday evening, Rivers United fought-back from conceding a 37th minute penalty-goal towin 2-3 in Angola against an opposition that has struggled for points in the CAF Confederation Cup group-stage.

Goals were scored by competition debutant,Udom Edem Ekerette (40th minute), Alex Oyowah (44th-minute penalty), and Farouk Mohammed (48th minute) handed the Pride of Rivers crucial points.

Rivers United will now need to secure a victory against Dreams FC of Ghana at home to have any chance of progressing to the knockout rounds of the CAF Confederation Cup following their hard-fought 3-2 win against APC Lobito of Angola today.

Meanwhile, Dreams FC clinched a narrow 1-0 victory over Club Africain of Tunisia, propelling them to the top of the table with 12 points from five matches.

Club Africain currently sit second in the standings with nine points from five matches, sharing the same point tally with third-placed Rivers United but holding a superior goal difference.

In the upcoming fixture, Club Africain will host bottom club Lobito, while Rivers United will aim to secure a convincing victory against their Ghanaian opponents.

Super Falcons Focused On Securing Paris Olympics Ticket’ – Ajibade Declares Ahead Of Cameroon Return-Leg Clash

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Nigeria Women’s National team star, Rasheedat Ajibade says the Super Falcons are focsed on securing ticket to the Paris Olympics games.

Ajibade made this declaration in a pre-match interview ahead of the Super Falcons return-leg clash vs Cameroon at the Moshood Abiola Stadium, Abuja on Monday, February 26.

In the first-leg decided days ago, Randy Waldrum’sNigerian team held Cameroon to a draw at the Stade de la Reunification in Douala, Cameroon.

The return leg will be played at the M.K.O Stadium in Abuja, and both teams have everything to play for with a spot at the Olympics at stake.

Speaking ahead of the game, Ajibade maintained confidence in the Super Falcons’ team and is keen on reaching the Olympics with Nigeria as a personal target.

“Our objective remains to secure the Olympic ticket. Personally, I have never played at the Olympics, and that is the case with the overwhelming majority of players in this team. We are determined to seize this opportunity. We have another ninety minutes to claim the final-round ticket, and we are focused on a positive result,” the 24-year-old said in quotes revealed by the NFF.

Ashleigh Plumptre and Coach Randy Waldrum have returned to the Super Falcons squad for the first time since the FIFA 2023 Women’s World Cup and are eager to make their presence count as Nigeria chases a spot at the Olympics.

Nigeria and Cameroon will give it another go at the M.K.O. Abiola Stadium at 4 pm in Abuja on Monday as the race for the 2024 Olympic Games in Paris, France, heats up.

Nigeria Targets 1268MW Boost From 8 New Power Plants

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The Federal Government of Nigeria is setting its sights on a significant increase in national power generation by developing eight new power plants. These projects, expected to be constructed through public-private partnerships (PPPs), are projected to add a combined capacity of 1,268 megawatts (MW) to the national grid.

According to reports, three of the eight planned power plants have already been awarded to concessionaires, while the Federal Executive Council (FEC) recently approved the concession of another. The remaining projects are expected to be awarded soon, paving the way for construction to begin.

Power Sector Liquidity Climbs To N900bn – FG

The new power plants will utilize a mix of brownfield and greenfield development approaches. Brownfield projects involve the rehabilitation and expansion of existing facilities, while greenfield projects involve the construction of entirely new power plants on undeveloped land. This diversified approach aims to leverage existing infrastructure while also promoting the development of new renewable energy sources.

The minister of water resources and sanitation, Joseph Utsev,  presented details of the project to the National Council on Water Resources and Sanitation at its 30th regular meeting as he emphasized the government’s commitment to improving the nation’s power situation through strategic partnerships and investments in the sector.

“We have conclusively concessioned some projects while still developing others through various PPP models itemised as follows: concession of the 40MW Dadinkowa Hydropower Project in Gombe State. We have attained financial closure and the plant is operational, thereby, stabilising the transmission voltage of the North-East of Nigeria.

This news comes amidst ongoing challenges in Nigeria’s power sector, characterized by limited generation and distribution capacity. The current national grid struggles to meet the electricity demands of the nation’s over 200 million population, often hovering between 3,000MW and 4,000MW.

Outlining other projects, the minister said, “Development of 360MW Gurara Phase II Hydropower Project in Niger State (engineering, procurement and construction contract awarded and FEC approval for the concession of operation and maintenance of the power plant through PPP model secured).

The anticipated increase of 1,268MW from these new plants represents a notable step towards addressing Nigeria’s longstanding power challenges. However, experts caution that achieving a sustainable and reliable power supply will require continued investment in infrastructure upgrades, transmission networks, and addressing gas supply constraints to existing power plants.

Tinubu’s Qatar Visit Is To Strengthen Ties – Presidency

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The Presidency has said that the State visit by the Nigerian Leader, President Bola Ahmed Tinubu to Qatar is aimed at strengthening the bilateral economic cooperation between Nigeria and the Qatar government.

The Special Adviser to the President on Information and Strategy, Bayo Onanuga stated this in a statement made available to State House Correspondent on a leaked diplomatic correspondence between the Embassy of the State of Qatar and Nigeria’s Ministry of Foreign Affairs.

Onanuga noted the healthy bilateral relationship between Nigeria and Qatar, affirming that the State Visit by President Tinubu to Qatar is at the invitation of the Emir of Qatar, His Highness, Tamim Bin Hamad Al-Thani.

The Presidential aide disclosed that the Tinubu will engage in high-level bilateral discussions with the Qatari leader on many crucial matters, covering the diplomatic and economic issues.

Foreign Affairs Minister Confirms Tinubu’s Visit To Qatar

He further hinted that the Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture NACCIMA, and Qatar Chambers of

Commerce and Industry collaborated to take advantage of President Tinubu’s visit to mobilise the business community from two countries to explore opportunities in key economic sectors such as oil & gas, manufacturing, agro-business, construction, real estate, ICT, Renewable Energy, Solid Minerals and service sector, amongst others.

Onanuga stressed that President Tinubu and His Highness Al-Thani are both committed to maintaining and building on the existing cordial and special relationship between Nigeria and the State of Qatar.

Fed Govt. Eyes 14 Days for MSME Loan Disbursement

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The Federal Government of Nigeria has said it is considering solutions that will ensure the disbursement of loans to Medium, Small, and Micro Enterprise within 14 days.

It said the intended solution would reduce the mortality rate of businesses that fold up while waiting for loan approvals.

The Senior Special Assistant to the President, Temitola Adekunle-Johnson, disclosed this at the Inaugural Job Creation and MSME Quarterly Communications Forum held on Friday in Abuja.

According to Adekunle-Johnson, the endpoint is to achieve a single-digit loan for MSMEs and ensure a single-digit loan becomes the norm for small enterprises.

He said, “We are trying to achieve a target of being able to guarantee seamless and easy access to funding for SMEs. We want SMEs to be able to apply for a loan and get it approved within 14 days at worst, and not in six months because some of these businesses can fold up within those six months of waiting for loan approval.

“The disbursements will be quick after the loan assessment is processed. That would help us reduce the bottlenecks of MSMEs running from pillar to pole looking for funding and not even having the collateral to achieve the loans.

“The endpoint is to achieve a single-digit loan for MSMEs. We aim to ensure single-digit loan becomes the norm for MSMEs.”

The government has announced a partnership with Access Bank to set aside N50bn to support skills acquisition by 5 million Nigerians under the job creation initiative of the Federal Government called ‘YouThrive’ by Access.

The initiative is looking at empowering MSMEs in different ways by building their capacity, and access to affordable finance as well as digital, technical, and skill acquisition training for them.

Speaking on the initiative, the Head of Non-Financial Services, Access Bank, Chioma Ogwo, said participating small businesses would be empowered in different ways, including building their capacity and giving them access to affordable finance, besides providing them with the digital, technical, and skill acquisition training to thrive and create wealth.

Meanwhile, the Director-General of the Small and Medium Enterprises Development Agency of Nigeria, Charles Odii, disclosed that 3 million jobs were lost to flooding in Nigeria in 2023.

He however said, the government had developed a technology to alert of an impending danger of flooding across the states, a development he said would help the government to take proactive measures to evict potential victims.

Odii said SMEDAN was helping to mitigate the challenges faced by MSMEs, especially production costs and low rent to enable them to be productive and support the economy.

Senator Ibrahim Hadejia, who is the deputy chief of staff to President Tinubu, MSMEs provide resilience and agility to any economy, added that a country with a robust MSME sector would have a buoyant economy and be able to adapt to some of the current global shocks.