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Nationwide Strike: NLC Prepares as Ultimatum Expires

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Chapters and affiliate unions of the Nigeria Labour Congress (NLC) are making preparations for a potential nationwide strike following the expiration of a 21-day ultimatum given to the Federal Government.

The ultimatum demanded that the government provide palliatives to alleviate the impact of the recent fuel subsidy removal.

The organised labour initially embarked on a two-day warning strike to emphasise their demands. Following the warning strike, the NLC issued a 21-day ultimatum for the government to address their concerns.

Strike: NLC ultimatum ends today, FG allays fear

As the ultimatum ended on Friday, the NLC has scheduled an emergency meeting of its National Executive Council (NEC) for Tuesday at noon. The NEC’s next course of action will be decided during this virtual meeting.

A notice of the meeting dated September 22, 2023, seen by PUNCH, emphasised the importance of attendance by the Presidents, General Secretaries, and Treasurers of NLC affiliates.

State chapters of the NLC have expressed readiness to mobilise for full participation if the NEC declares a nationwide strike on Tuesday.

In a last-minute effort to avert a strike, sources indicate that the federal government may meet with labour leaders again this week, possibly on Monday.

According to the sources, the meeting is important as it may prevent an economic shutdown that Nigeria does not need at this time.

While the situation varies by state, most state chapters have conveyed their willingness to comply with any directives from the national NLC leadership regarding strike action.

The outcome of the NEC meeting scheduled for Tuesday will determine the course of action taken by the labor unions across Nigeria.

Govt. Appeal to Residents as Kebbi Experience Total Blackout

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The Kebbi State Government has extended its plea to the residents of Birnin Kebbi and its surroundings to remain patient as the ongoing total blackout persists.

The Chief Press Secretary to the Kebbi Governor, Ahmed Idris conveyed this message through a press statement issued in Birnin Kebbi on Sunday.

The statement quoted Yakubu Bala-Tafida, the Secretary to Kebbi State Government (SSG), who made the appeal during his visit to the substation of the Transmission Company of Nigeria (TCN) in Birnin Kebbi.

The blackout stemmed from a fire incident on Thursday, September 14, which resulted in the destruction of one 90MVA (330KV/132KV) and a 60MVA (132KV/33KV) transformer.

Consequently, Kebbi, Sokoto States, and certain parts of Zamfara have been left in complete darkness.

Given the ten-day-long power outage, Bala-Tafida emphasised the urgency of the situation. He stated that he represented the state governor, who directed him to oversee the restoration efforts to prevent prolonged hardship for the residents.

8-hour Blackout in Bauchi, Gombe, Plateau from Monday

Bala-Tafida assured that the governor was always in support of what would bring joy and happiness to his constituents.

The SSG, who expressed satisfaction with the level of work done so far, said the team of engineers had been assured that their headquarters in Abuja had given them two weeks to fix the light.

“We came, we saw the level of effort being put in place, and we are satisfied. All we need from our people is prayers for them to do a good job and complete it within the stipulated period, and we are hopeful that the work will be completed on schedule,” he said.

Also speaking, the Special Adviser to the Governor on Political Affairs and Power, Kabiru Sani-Giant, lauded the engineers for showing a high sense of commitment to the repair works.

He appealed to all the affected customers to be patient and consider what had happened as a destiny from the Almighty God that nobody could have averted.

The governor’s aide advised the people to imbibe the good culture of using electricity by switching off all appliances when not in use to minimise power wastage and possible fire outbreaks.

Sani-Giant said: “We should borrow a leaf from our neighbours, the Niger Republic; they have that discipline; they switch on bulbs when there is a need for them, unlike us Nigerians, who allow our bulbs on even during the day when we don’t need them.”

On possible damages during the restoration of power, the adviser promised that announcements would be made on the electronic media and other platforms for the residents to put off all appliances to avoid damages and safeguard their property.

Flood Disaster: Agency Distributes Relief Materials To 8, 757 Households In Kaduna State

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The National Management Agency (NEMA) on Saturday, commenced the distribution of relief materials to 8,757 households affected by the 2022 flood disaster in Kaduna State.The Director-General of the agency, Mr Mustapha Ahmed, said during the distribution in Kaduna that the gesture was under the Special National Economic and Livelihood Emergency Intervention (SNELEI).Ahmed, who was represented by Ms Ngozi Echeazu, State Team supervisor, SNELEI, said that the distribution was aimed at bringing succour to the affected households in the state.He identified the items as food and non-food items, such as rice, beans, sorghum, blankets, mats, mosquito nets and detergents.Other non-food items include sewing machines, grinding machines, water pumps for dry-season farmers, sprayers, fertilizers, herbicides and seedlings.He explained that the agricultural inputs were given to take farmers back to the farms, stimulate crop production and safeguard national food security in the middle of economic downturn.The DG added that the livelihood support was to help artisans to improve their businesses and grow the economy.He called on the beneficiaries to avoid selling the items and destroy the good intention of the Federal Government.In her remarks, the Deputy Governor of the state, Dr Hadiza Balarabe, commended the Federal Government for the gesture.Balarabe, who was represented by Mr James Kanyip, Deputy Chief of Staff to Gov. Uba Sani, Office of the Deputy Governor, said that the items would assist the beneficiaries in rebuilding their lives.She also advised the beneficiaries against selling the items, which she said was to alleviate poverty and empower them economically.The deputy governor also called on the distributors of the relief materials to ensure that only the targeted persons and the vulnerable were given the items.Also, Mr Usman Mazabu, Executive Secretary, Kaduna State Emergency Management Agency, thanked the Federal Government for approving the relief assistance to the victims.Muazu assured that the relief materials would be transparently and jointly distributed to the affected persons by officials of NEMA, SEMA and representatives of the community and other relevant stakeholders.

N1.96tn Lost to Oil Theft, Others in 2021 – FG

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Latest data released by the Nigeria Extractive Industries Transparency Initiative, a Federal Government agency, indicates that Nigeria lost about N1.96tn to oil theft, sabotage and crude oil production adjustment in 2021.

In its just released 2021 Oil and Gas Sector Report, NEITI explained that 68.47 million barrels of crude oil was lost in the year under review.

Under the crude oil production and exports section in the report, NEITI said, “The total volumes of oil and gas production for 2021 were extracted from the NMDPRA (Nigerian Midstream and Downstream Petroleum Regulatory Authority) sign-off documents.

Crude Oil Theft: Nigeria lost N16.25 TN in 11 years- Speaker Abbas

“This document is signed by the production company, NMDPRA and NNPC (Nigerian National Petroleum Company Limited) following the yearly reconciliation of production figures.

“The figures were also reconciled  with the companies during the course of the audit. For year 2021, 54 companies produced crude oil resulting in a total metered production of 634.60 million barrels.

“However, 68.47 million barrels was lost to production adjustment, measurement error and theft/sabotage, leaving a balance of 566.13 million barrels as fiscalised production for 2021.”

The agency pointed out that the fiscalised production includes both crude oil and condensates, adding that “the reconciled production data is, however, at variance with publicly disclosed data on NUPRC (Nigeria Upstream Petroleum Regulatory Commission) website.”

It added, “The total fiscalised crude oil production for 2021 was 566.13 million barrels. This is a 12 per cent reduction from the volume produced in 2020, which was 646.79 million barrels.”

Figures from Statistica, an international statistical firm, showed that the average cost of crude oil in 2021 was $70.86/barrel.

Also, the average exchange rate of the dollar against the local currency in 2021 was N403.58/$, according to data from Exchange Rates UK, a global rates monitoring firm.

By losing 68.47 million barrels in 2021, it means Nigeria lost about $4.85bn that year.

When multiplied by the average exchange rate of N403.58/$, the result is N1.96tn, which implies that the country lost this amount due to oil theft and other challenges in 2021.

The Executive Secretary, Major Oil Marketers Association of Nigeria, Clement Isong, told news correspondent that the Federal Government must work hard to stop crude oil theft.

He said oil theft was not only stopping Nigeria from meeting its production quota as approved by the Organisation of Petroleum Exporting Countries, but was denying the country a whole lot of dollars required for the imports of goods.

“The I&E (Importers and Exporters) window is illiquid. There’s no money there. To buy products, for instance, petrol, it costs you between $25m to $30m. You can’t find it in the I&E window. So it doesn’t work and that is why people are not importing.

Property Development: Minister Of Fed. Capital Territory Issues 3 Months Ultimatum To Abuja Plot Owners

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The Minister of the Federal Capital Territory, Nyesom Wike, has approved a three-month grace period for 189 titleholders, who have obtained Building Plan Approvals but are yet to commence development on their property.

In a statement signed by the Director of Information and Communication of the FCTA, Mohammed Hazat revealed that the affected property owners are to do so within the stipulated period or have their title revoked in line with the provisions of the law.

This gesture has only been extended to both individuals and corporate organisations that have shown a desire to develop their property by obtaining Building Plan approvals but are yet to start proper development on their property situated within the Federal Capital City (FCC).

Similarly, public institutions that have land titles within the Federal Capital City but are yet to develop the same, have also been given a grace period of three months to commence development in order to avoid sanction.

Thus, the Minister has extended this gesture to 189 property owners due to their desire to develop the property by obtaining Building Plan Approvals which is a prerequisite for the development of any property in the Federal Capital Territory.

The notification in the Newspapers states: “The Minister of the Federal Capital Territory, (FCT), has graciously approved a grace period of three months from the date of this publication for the under-listed titleholders who have obtained building plan approvals to commence development of their plots; failure of which their titles shall be revoked for continued contravention of the terms of development of the Right- of -Occupancy.”

The owners of these plots were exempted from revocation because they have already demonstrated firm commitment towards developing their property by obtaining necessary documents from the FCT Administration.

It urged the affected property owners to take advantage of the Minister’s gesture and develop their plots as published in some National Dailies, in line with the terms of the Offer of the Right- Of- Occupancy.

The FCT Administration, therefore, appealed to the affected Public Institutions who have been allocated plots within the FCC to commence development of their plots, failure of which their titles shall be revoked for continued contravention of the terms of development of the Right of Occupancy.

The plots in these categories belong to individuals and corporate organisations, as well as Public Institutions that have continually failed to keep to the terms of the agreement as contained in Section 28(5) (a) & (b) of the Land Use Act offering and conveying of the Right of Occupancy.

FG, NGX to Boost Startup Listing with Tech Board

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The Ministry of Communications, Innovation and Digital Economy has said it intends to collaborate with Nigerian Exchange Limited to stimulate startup listings with the newly-created NGX Technology Board.

In a statement issued on Friday by the NGX, it was revealed that the Minister of Communications, Innovation and Digital Economy, Bosun Tijani, stated this during a tech event themed; Invest in Africa’s Future- Let’s talk about exits- a joint initiative of the Ministry, NGX, and Future Africa in New York.

Nigerian Stock Exchange: Profit-Taking Takes Toll On NGX Turnover

Tijani noted that Nigeria had been grappling with over dependence on oil in the last few years. He added that diversifying from reliance on a single sector like the oil industry often requires increasing productivity in other sectors and for him, this can be achieved through the application of technology and innovation.

Highlighting his goals, Tijani said the ministry will work on creating a regulatory environment for fintechs, access to funding especially from angel investors, improve digital infrastructure, facilitate the export of tech products and services and collaborate with NGX on tailored listing options for startups via its Technology Board.

The Minister said, “We cannot do all of these as a country if we do not prioritise innovation and encourage entrepreneurs to build. Nigeria is now open to investments. We want to prioritise the ability of our technology companies to export products and we are targeting Africa first and then eventually start selling to the rest of the world.”

At the same event, the Chief Executive Officer, NGX, Temi Popoola, stated that the exchange will work to support the agenda of the minister and the mandate of President Bola Tinubu. Whilst stating that technology is a big enabler of the capital market, Popoola said that NGX is keen on fostering innovation in the capital market, potentially to attract a larger pool of investors and mature tech companies to list on its platform.

Explaining the challenges around listings, he stated that the demand for private capital currently outweighs public capital. Popoola revealed that the NGX is in discussions with Securities and Exchange Commission on private markets to enable the exchange do business with non-listed companies like startups.

“We will continue to do a lot of work that makes us able to attract local capital and the day tech startups come to the exchange, we are confident that there would be very good audience of investors that would want to own a bit of their shares. This is what we at NGX are doing by removing all barriers for that to happen,” the CEO said.

Exploring Seven Mile Beach, Cayman Island

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Seven Mile Beach, often known by the abbreviation SMB, is a long crescent of coral-sand beach, located on the main Grand Cayman Island, which is part of the British Overseas Territory of the Cayman Islands.

More often named as one of the best and ultimate beaches in the Caribbean Region, Seven Mile Beach is the epitome of an island getaway.

As it is the most well known beach on the island, it is located on the western shore of Grand Cayman, where to the south is located the capital city of the Cayman Island, George Town.

As all of the beaches on the islands are public property, SMB too is, and one can walk the whole length and admire the many resorts, because it is the most popular and most developed area on the island.

Even though the name is not the same with the length of the beach, where it is only 10.1 km (6.3 mi) long, sadly the beach is a victim to annual erosion which has reduced its size in some places.

There are many things that can be done at the beach, which does not include only tanning.

Visitors can definitely have an adventurous parasailing, shallow snorkeling, doing sport, scuba dive, or even camping under the trees.

It is a place where people from every generation will definitely find their pleasure.

Federal Govt. Launches National Talent Export Programme

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The Nigerian government has launched a national talent export programme tagged the National Talent Export Programme (NATEP).

The program is designed to create at least, one million jobs over the next five years as a special purpose vehicle.

Minister of Industry, Trade, and Investment, Dr. Doris Uzoka-Anite, announced this on the sidelines of the 78th United Nations General Assembly (UNGA), at an event tagged “Positioning Nigeria as a Global Talent Hub in New York, United States.

According to her, the initiative was in line with President Bola Ahmed Tinubu’s agenda to diversify the Nigerian economy, create sustainability opportunities, and generate about 50 million jobs for the youths.

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“NATEP is a key national initiative that will serve as a special purpose vehicle to position Nigeria as a leading global hub for service export, talent sourcing and talent export.

“As part of our strategy towards achieving this, his excellency President Bola Tinubu whose agenda for job creation, we have initiated a national talent export programme for Nigeria, which targets the creation of 1 million jobs across Nigeria over five years. NATEP is a key national initiative that will serve as a special-purpose vehicle to position Nigeria as a leading global hub for service exports, talent sourcing and talent export.

“The Nigerian government under the leadership of President Bala Tinubu as part of the renewed hope agenda is committed to diversifying the economy and creating sustainable employment opportunities, especially for youth by creating 50 million jobs. This is in tandem with the theme of this year’s UNGA, rebuilding trust and igniting global solidarity, accelerating action on the 2030 agenda and the sustainable development goals towards peace, prosperity, progress and sustainability for all,” Uzoka-Anite added.

According to her, NATEP will be dedicated to addressing the unique needs and challenges faced by the talent and service sector export industry, emphasizing on enhancing competitiveness, fostering innovation, and driving sustainable growth through trade in services.

Available data indicates that the global talent sourcing industry is valued at $620 billion as of 2020 and it is forecasted to be valued at about $904 billion by 2027.

According to Dr Uzoka-Anite, Nigeria can supply top talent for the global service export and outsourcing business, with over 1.7 million graduates from higher education institutions entering the workforce annually.

“NATEP will serve as a dedicated entity to address the unique needs and challenges faced by the talents and service export industry. The programme will lay special emphasis on enhancing competitiveness, fostering innovation and driving sustainable growth through trade and services. It is noteworthy that the global talent sourcing industry was valued at $620 billion in 2020 and is forecasted to be valued at $904 billion by 2027. With a youthful population and over 1.7 million graduates from higher educational institutions joining the workforce each year, Nigeria has the potential to provide high-quality talent for the Global Service export and outsourcing industry.”

While stating that Nigeria is ready to become a global hub for talent export, Uzoka-Anite said that the government will take full advantage of the African Continental Free Trade Agreement (ACfTA) to penetrate the continent’s huge market and target job opportunities in the United States, Canada, Europe, Asia, among others.

“As a country, we have a significant value proposition for regional and global markets for the export of services. We will actively target Greenfield and brownfield job opportunities in the United States, Canada, Europe, and Asia, among others.

Uzoka-Anite concluded by saying “To put it succinctly, the message from today’s launch of the national talent export programme is clear. Nigeria is ready to become a global hub for talent experts. We have the vision and commitment and we seek your partnership and trust as we embark on this mutually beneficial journey. We look forward to partnering with you.”

In his remarks, the Minister of Communication, Innovation, and Digital Economy, Dr Bosun Tijani, while welcoming the initiative, noted that it was extremely timely as Nigeria was losing out of the benefits countries like India enjoy.

“I think one thing we’ve not done well, is actually to be intentional, around how we milk that opportunity for our economic development. And this is why this program is extremely important.

“I’ve been following the Nigerian story, we’ve been losing a lot of our top talents to the world. Canada is soaking in a lot, and the UK as well. I think the UK last week or so announced that if you’ve never taught physics, but you’ve studied physics, you can now come into the UK to teach and they’ll give you £10,000 to come in.

“So the implication of that is that we’re going to be losing a significant proportion of people in that space of the academy.

Managing Director of the World Economic Forum (WEF), Dr Saadia Zahidi, who also spoke at the event, promised to support Nigeria’s effort in the new talent export programme.

According to Zahidi, “The World Economic Forum in Nigeria has a long-standing partnership and we are very happy to support this particular effort. The forum established some months ago, a skills accelerator in Nigeria and under the leadership of Her Excellency, the minister and others, we hope that we will be able to provide support to NATEP through the continuous rescaling and upskilling of the workforce that will be a part of this initiative.

The official launch of NATEP also featured a panel discussion moderated by the CEO of Outsource Global, Amal Hassan,

It also featured the Head of Policy for West and Central Africa for Meta, Adaora Ikenza, and Country Representative for Microsoft Nigeria, Dr Ola Williams.

FCT Minister Promises Better Deal To Foreign Investors

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The authority of the Federal Capital Territory Administration, FCTA, has assured foreign investors who have an interest in investing in the nation’s capital, Abuja to feel free to do so.

The Minister of State for Federal Capital Territory (FCT) Mariya Mahmoud who represented the FCT Minister, Nyesom Wike, stated this in the just concluded Africa International Trade Exhibition meeting in Midtown, New York, United States of America,

Mahmoud said that the Administration will always evolve measures that would bring about effective economic programmes and policies that will create a conducive business environment for the investors.

She listed major areas that the administration and residents need most including Agriculture, tourism, infrastructure development, transportation, healthcare, waste management and the hospitality industry. She explained that the participation of FCTA in the investment summit has opened up more opportunities for Foreign Direct Investment (FDI) into the territory.

The Minister said Abuja Investment Company Limited and Abuja Infrastructure Investment Centre will be driving the initiative for easy implementation.

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According to her; “The administration’s participation in the investment summit was very important. The summit offers us the opportunity to present the investment opportunities in FCT, and a greater opportunity to talk about the potential in the agricultural sector.

“It was a platform to call on our people, especially the people in the diaspora, to come on board and assist us to tackle the issue of food insecurity.

“And then we have tourism, infrastructure development, transportation, and healthcare, waste management and hospitality industry. All these are areas where people can come and invest. And we really need collaboration and public partnership because without collaboration, without partnership we cannot achieve what we want to achieve”.

Mahmoud, also used the forum to seek huge investments in affordable housing, noting that the Administration is poised to improve the socio-economic status of the masses in line with the renewed hope agenda of the present administration.

The summit had a theme: “The imperative of global trade for African SMEs as a game changer for the continent’s future prosperity”.

Epl Wrap: Ten-Man Man City Extend Lead, Man Utd Bounce Back At Burnley

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Manchester City moved five points clear at the top of the Premier League despite having Rodri sent-off in a fiery 2-0 win over Nottingham Forest on Saturday, while Manchester United snapped their losing streak by beating Burnley 1-0.

Phil Foden and Erling Haaland struck inside the first 15 minutes as City extended their perfect start in the Premier League to six games.

Pep Guardiola’s men have now won 20 consecutive home matches in all competitions, but were made to work much harder by Rodri’s moment of madness.

The Spaniard grabbed Morgan Gibbs-White around the neck less than 60 seconds into the second-half and could face a costly suspension as a three-game ban would see him miss the Premier League visit to Arsenal next month.

“An exceptional game in the first-half. Exceptional game in the second for our resilience and our work because we played 52 minutes 10 against 11, so it was not easy but we were fantastic,” said Guardiola.

“Hopefully Rodri will learn. He has to control his emotions.”

City were at their ruthless best early on to seemingly put the game to bed.

Foden smashed home a sweet volley from Kyle Walker’s cushioned cross to open the scoring.

City’s injury problems handed Matheus Nunes a chance to make his first league start since joining from Wolves and he made a positive impact by setting up the second goal.

Nunes played a neat one-two with Foden before chipping the ball across for Haaland to power home his ninth goal of the season.

The European champions did not appear in any danger until Rodri lost his cool.

Taiwo Awoniyi had Forest’s best chance to get back into the game when the in-form Nigerian lifted over under pressure from Ederson.

City, though, restored order as Guardiola switched to a back five to withstand an aerial bombardment from the visitors.

– Fernandes fires for Utd –

United remain nine points adrift of the leaders but eased the pressure on Erik ten Hag after three consecutive defeats.

One moment of world class quality from Bruno Fernandes got the Red Devils back to winning ways as the Portuguese volleyed home Jonny Evans’ pass just before half-time.

The Red Devils had to survive a few nervy moments at Turf Moor as Zeki Amdouni hit the post in the first-half, but the Clarets remain without a win on their return to the Premier League.

Struggling Everton beat Brentford 3-1 to earn their first league win this term and climb out of the relegation zone.

Sean Dyche’s side took the lead through Abdoulaye Doucoure’s sixth minute strike.

Mathias Jensen equalised for Brentford against the run of play after 28 minutes, but James Tarkowski restored Everton’s advantage with a header from Dwight McNeil’s corner in the 67th minute.

Substitute Dominic Calvert-Lewin wrapped up Everton’s long-awaited three points with a cool finish four minutes later.

Luton picked up their first ever Premier League point but let a huge opportunity slip in a 1-1 draw at home to Wolves.

The visitors at Kenilworth Road were reduced to 10 men when Jean-Ricner Bellegarde saw red on 39 minutes.

Pedro Neto still fired Wolves in front early in the second-half, but Carlton Morris’ penalty salved a point for Luton.

Crystal Palace and Fulham remain in the top half after a 0-0 draw at Selhurst Park.